The Central Bank of Nigeria (CBN) has harmonised the Customs FX rate with the current foreign exchange rate following the strengthening of the naira.
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FG insists on ending solar panel imports, shares alternative plan
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Enugu Air begins domestic flights to Lagos, 3 others as NCAA approves partnership with XEJET
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First Bank, FCMB, 4 others seek N731 billion to meet CBN recapitalisation as deadline nears
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Delta offers upbeat outlook on travel demand, lifting shares
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Asian stocks extend global rout after Trump's shock tariff blitz
Equities extended losses in Asia on Friday, extending a global rout inflicted by Donald Trump's tariff blitz that has inflamed a trade war and ramped up recession and inflation fears. Oil also extended losses, having tanked more than six percent the day before on fears about the impact of a possible recession on demand.
German industry grapples with AI at trade fair
Artificial intelligence is set to bring sweeping change to modern life, but at an industrial fair in Germany many companies wonder how they fit into the tech revolution. Koerner said that it seems like "we can hardly afford" some of the AI products being showcased at the fair.
'Frightening': US restaurants, producers face tariff whiplash
From European wines to industrial tools, global tariffs launched by US President Donald Trump this week promise to sweep through the world's biggest economy, impacting everyone from restaurant owners to industrial manufacturers. This week, Trump unveiled a sweeping 10 percent tariff on most US trading partners, set to take effect on Saturday.
Where Trump's tariffs could hurt Americans' wallets
As global financial markets plunge in the wake of US President Donald Trump's "Liberation Day" tariffs, Americans must also grapple with the potentially long-lasting impact of the move on household budgets. Yale's Budget Lab estimated the effect of recent tariffs, up to and including Wednesday's announcement, would cause a 17 percent rise in the cost of clothing and textiles.
Trump says 'very close to a deal' on TikTok
President Donald Trump said his administration was "very close" to a deal to find a buyer for TikTok, which faces a US ban if not sold by its Chinese owner by the weekend. Trump has downplayed risks that TikTok is in danger of being banned in the United States, saying he remains confident of finding a buyer for the app's US business.
Trump tariffs on Mexico: the good, the bad, the unknown
At first glance, Mexico got off lightly from Donald Trump's "Liberation Day" tariffs blitz. A day after the tariffs were announced, the shockwaves are still being felt.
Trump tariffs hammer global stocks, dollar and oil
Stock markets and the dollar tumbled Thursday after President Donald Trump's latest worldwide tariff salvo fanned a trade war that many fear will spark recession and ramp up inflation. "The simultaneous decline in both stocks and the US dollar speaks volumes about investor confidence in Trump's trade policy," said City Index and FOREX.com analyst Fawad Razaqzada.
Penguin memes take flight after Trump tariffs remote island
Donald Trump's tariffs have become a black and white issue on social media, where penguin memes have gone viral after he targeted an island inhabited by the flightless birds, but no people.
US tariffs could push up inflation, slow growth: Fed official
The trade uncertainty fueled by recent tariffs will likely raise the risks of higher inflation and slower growth, and pose challenges for Federal Reserve policy, a senior banking official said Thursday.
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