The Central Bank of Nigeria (CBN) has adjusted the Customs Exchange Rate for cargo clearance following the naira's appreciation in the FX market.
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Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
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DMO lists Nigeria’s top creditors as public Debt Hits N152 trillion in 2025
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China trade beats forecasts in September as tariff fears rise
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Massive UK dieselgate lawsuit reaches court
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DeepSeek breakthrough raises AI energy questions
Having shattered assumptions in the tech sector and beyond about the cost of artificial intelligence, Chinese startup DeepSeek's new chatbot is now roiling another industry: energy companies. That has significant implications not only for the cost of developing AI, but also the energy for the data centres that are the beating heart of the growing industry.
German, Danish leaders meet after Trump Greenland warnings
German Chancellor Olaf Scholz and Danish Prime Minister Mette Frederiksen met on Tuesday in a show of unity after US President Donald Trump again stressed his designs on Greenland. Nordic leaders met at the weekend and reiterated their unity on defence issues, Denmark's prime minister said earlier, adding that they all "shared the gravity of the situation".
Australia govt opens work visa opportunities for skilled Nigerians to earn up to N70m
The Australian government has made it easier for foreign workers looking to relocate with its new Core Skills Occupation List (CSOL) for the Skilled in Demand visa.
CBN adjusts exchange rate as naira trades at new low amid dollar crash
The naira depreciated slightly in the official foreign exchange market but rose in the parallel segment as the dollar experienced its worst fall in weeks.
Breakout Chinese AI 'programmed' to toe the party line
Chinese AI chatbot DeepSeek has made waves in Silicon Valley, stunning investors and industry insiders with its ability to match the skills of its Western competitors at a fraction of the cost. Its replies to delicate questions echo a domestic competitor, ERNIE Bot, developed by Chinese tech giant Baidu.
Japanese tech stocks hit by AI fears, dollar boosted by tariff talk
Japanese tech firms sank Tuesday after a sell-off in US titans following news of China's DeepSeek chatbot, while the dollar rallied on a report saying Washington was considering universal tariffs on a range of goods.
For these 'Made in America' CEOs, Trump's tariffs won't change the game
Entrepreneurs running small and medium-sized businesses that manufacture and source exclusively in the United States have learned to cope with globalization, and do not expect major changes from Donald Trump's tariffs threats. "I think maybe in the short term, it could be helpful," he said of Trump's tariff threats, adding that they could drive inflation in the long run and raise production costs.
EU, Britain to face off in post-Brexit fishing battle case
A tiny silver fish which is an important food source in the North Sea will take centre stage Tuesday as the European Union and Britain square off over post-Brexit fishing rights. Because of climate change and commercial fishing, the tiny fish "risked further decline... as well as species that are dependent on sandeels for food including fish, marine mammals, and seabirds".
Billionaire financier Bessent confirmed as Trump's treasury chief
Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -– which is already triggering global jitters. Mike Crapo, who chairs the Senate Finance Committee, said Monday that Bessent was "committed to restoring the prosperity and opportunity" seen under Trump's leadership.
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