The newly introduced National Single Window has been touted as a -means to eliminate a lot of bureaucracy and consolidate all trade-related processes.
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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Naira strengthens as FX reserves hit $41.2bn: Fresh dollar inflows boost confidence
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In whirlwind tour, Qatari royal commits $70bn to southern Africa
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Court battle underway as Fed Governor Cook contests firing by Trump
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Hollywood actors, studios reach tentative deal to end strike
Hollywood actors and studios reached a tentative deal Wednesday to end a months-long strike that has crippled the entertainment industry, delayed hundreds of popular shows and films, and cost billions to the US economy.
Picasso's 'Woman with a Watch' fetches $139 mn at auction: Sotheby's
One of Pablo Picasso's masterpieces, "Woman with a Watch," was sold at auction Wednesday night for $139.3 million by Sotheby's in New York, the second-highest price ever achieved for the artist. She also featured in "Femme assise pres d'une fenetre (Marie-Therese)", which was sold in 2021 for $103.4 million by Christie's auction house.
“There are sufficient banknotes”: CBN sends strong warning to banks, others rejecting old notes
In a statement signed by Isa AbdulMumin, on X, the Central Bank of Nigeria (CBN) has assured Nigerians of enough cash available across the country
"That was the plan": Naira devaluation boosts government revenue by N713bn
The Nigerian government has reported a boost in its revenue since it devalued the local currency on June 14, 2023. It has earned about N713 billion in three months.
Lloyd's of London pays out over slave trade links
Lloyd's of London, the insurance market, said Wednesday it would spend £52 million ($64 million) on racial-equality causes after a report found it played a "significant role" in the transatlantic slave trade.
UK rail union agrees deal that could halt strikes
Rail workers in Britain are to vote on a pay deal that could pause more than a year of walkouts on the strike-plagued country's train network, a union said Wednesday. Members of the Rail, Maritime and Transport (RMT) union are to vote on an agreement reached with the Rail Delivery Group (RDG), which represents train operating companies.
Croatia recalls some Coca-Cola products over intoxication scare
Croatian authorities on Wednesday ordered Coca-Cola to withdraw some drinks after food poisoning cases were reported in three cities. A 19-year-old youth was hospitalised in the western town of Rijeka on Saturday and other food poisoning cases have been reported in Zagreb and Varazdin, according to Health Minister Vili Beros.
Russia using gold to evade sanctions, warns UK
The UK's National Crime Agency (NCA) on Wednesday issued a red alert to the financial sector warning that Russia was using gold to evade sanctions imposed after it invaded Ukraine.
Switzerland ends electric car tax exemption
Switzerland on Wednesday scrapped a tax exemption for imports of electric cars, whose growing presence on Swiss roads has cut into tax revenues. The government had then wanted to create incentives for the use of electric cars.
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