The Nigerian government, through the Ministry of Finance, has suspended the controversial 4% Free-On-Board charge introduced by the Nigeria Customs Service.
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Dollar falls to N1,484 in official window, naira appreciates in parallel market
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FG disburses N330bn: 7 million poor households to get cash transfers before year-end
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Indie studio bets on new game after buying freedom from Sega
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Depot owners protest as Dangote slashes petrol price by N259
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Will Nigerians without tax ID be barred from operating bank accounts? FG clarifies
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Asian markets diverge ahead of Fed news, Nissan soars on merger reports
Asian markets swung Wednesday ahead of the Federal Reserve's much-anticipated policy announcement, while shares in Japanese car titan Nissan soared more than 20 percent after reports said it was in merger talks with rival Honda.
'Everybody wants to be my friend': Trump feels the love
A shock outsider when he was first elected president eight years ago -- and a pariah when he left office -- Donald Trump appears to be the most popular person in America as far as the rich and powerful are concerned.
Japan's Honda and Nissan in preliminary merger talks: reports
Japanese auto giants Honda and Nissan are in preliminary merger talks, media reports said Wednesday. A Honda spokesman said Wednesday that a potential merger was already among the possibilities being discussed.
AI startup Databricks raises $10 bn as value soars
Young startup Databricks, which specializes in scaling and building artificial intelligence, said Tuesday it raised $10 billion, bringing the company's valuation to $62 billion. In addition to financing the company's growth, the fundraising round will enable Databricks employees to sell some of the equity they have earned in the startup. gc-tu/nro
Japan's Honda and Nissan to begin merger talks: report
Japanese auto giants Honda Motor and Nissan Motor will enter talks on a merger aimed at helping them compete against Tesla and other electric vehicle makers, newspaper Nikkei reported early Wednesday. It reported that Honda and Nissan will consider bringing in Mitsubishi Motors, of which Nissan is the top shareholder, under the holding company to create one of the world's largest auto groups.
LCCI warns Nigerian businesses to prepare for tougher challenges in 2025
The Lagos Chamber of Commerce and Industry (LCCI) has provided insight into what Nigerian businesses should expect in 2025 and polices of the CBN.
Rewane points out important details in Tinubu's proposed budget
Foremost economic analyst Bismarck Rewane has cautioned that setting a target of 15% inflation for the 2025 budget is unrealistic and overambitious.
US Fed begins final 2024 rate meeting with cut expected
The US Federal Reserve began its last interest rate meeting of the year on Tuesday, with expectations high for another rate cut and a signal from policymakers that the pace of cuts will slow next year.
A US farm breeds pigs for human kidney transplants
On a farm in the southern US state of Virginia, David Ayares and his research teams are breeding genetically modified pigs to transplant their organs into human patients. The pigs are genetically modified to make their organs less likely to be rejected by patients' immune systems.
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