TikTok Strikes US Joint Venture Deal to Avert Ban Over Chinese Ownership

TikTok has reached a major breakthrough in its long-running battle to remain operational in the United States, announcing on Thursday that it has signed a joint venture agreement with US and international investors aimed at averting a looming ban tied to its Chinese ownership. According to an internal memo, TikTok Chief Executive Officer Shou Chew…

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Can Germany’s Spending Push Lift Europe Out of America’s Shadow?

European markets have spent much of the past year trailing the United States, and investors are now pinning their hopes on a potential spending surge in Germany to change the narrative in 2026. As the European Union’s largest economy, Germany’s fiscal choices are seen as pivotal—but markets want proof that promised spending will translate into…

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FG Unveils Executive Order Banning Export of Wood and Charcoal

The Federal Government has unveiled a new Presidential Executive Order prohibiting the exportation of wood, charcoal, and other allied forest products from Nigeria. The Minister of Environment, Alhaji Balarabe Abbas-Lawal, announced the order on Wednesday in Katsina during the 18th meeting of the National Council on Environment (NCE). He said the directive, titled ā€œPresidential Executive…

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Nigeria’s Tax Reform: Beyond the Fear, a Necessary Reset for a Fragile Fiscal System

Rising anxiety over Nigeria’s ongoing tax reform reflects a deeper crisis within the country’s fiscal architecture rather than a fair reading of the policy recalibration. Beneath the public fear lies a system plagued by weak revenue mobilisation, loopholes that enable wealthy individuals and corporations to evade taxes, and a long-standing structure that fuels poverty and…

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