New details emerge on the rumoured Osisioma Flyover collapse in Abia, southeast Nigeria, which reportedly killed 19 people. The verified facts have now emerged.
Dr Zacch Adedeji, the Executive Chairman, Federal Inland Revenue Service (FIRS), has revealed that 95 per cent of Nigerians will pay no tax under the new tax regime.
OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence race, raising questions among investors about how the startup will finance these purchases. "They will need hundreds of billions of dollars to live up to their obligations," said Gil Luria, managing director at D.A. Davidson, a financial consulting firm.
The Centre for the Promotion of Private Enterprise has warned that President Tinubu’s recent pardon of convicted offenders could undermine investor confidence.
The Nigerian currency faced a renewed volatility, depreciating in the Nigerians Forein Exchange Market (NFEM) due to the shortage US dollars in the FX market.
For more than a century, Lodi's grape growers have supplied the old wineries that make this Californian city famous. "With wine grapes, you've really got to go out there and you've got to talk to wineries, you've got to make connections, you've got to hope that things work, you've got to hope that all the stars line up," he said.
Call it the China power paradox: while Beijing leads the world in renewable energy expansion, its coal projects are booming too. Fishman argues that "green power demand is insufficient to keep capacity expansion high", though the government has policy levers to tip the balance, including requiring companies to use more renewables.
China and the United States agreed Saturday to conduct another round of trade negotiations in the coming week, as the world's two biggest economies seek to avoid another damaging tit-for-tat tariff battle.
New Yorkers run on coffee. "The price of coffee on the market has just been on a steady incline over the last probably year.
A US judge on Friday granted an injunction barring Israeli spyware maker NSO Group from targeting WhatsApp users but slashed a $168 million damages award at trial to just $4 million. Evidence at trial showed that NSO Group reverse-engineered WhatsApp code to stealthily install spyware targeting users, according to the ruling, which called such access to user data "unlawful."
Argentines scrambled Friday to buy dollars and household items as the peso depreciated against the greenback, despite multi-billion dollars of US support for the under-pressure currency. With the government of President Javier Milei under pressure, the peso opened at 1,465 to the dollar Friday morning, having closed at 1,430 the day before.
Economy
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