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China’s Manufacturing Improves Slightly, Still in Contraction

China’s manufacturing sector showed signs of stabilizing in June, with official data indicating a modest improvement, though activity remained in contraction territory for the third consecutive month. The National Bureau of Statistics reported Monday that the Purchasing Managers’ Index (PMI) rose to 49.7 in June, up from 49.5 in May and slightly above analysts’ expectations…

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Tinubu Empowers ICRC to Approve PPP Projects Below ₦20bn

By Ayomide Otitoju President Bola Tinubu has approved a major policy shift authorising the Infrastructure Concession Regulatory Commission (ICRC) to independently approve Public-Private Partnership (PPP) projects valued below ₦20 billion, eliminating long-standing bureaucratic hurdles for small and mid-scale infrastructure initiatives. The new directive, confirmed on Sunday by the ICRC and the Presidency, allows ministries to…

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Thousands Protest in Bangkok Over PM’s Leadership

Thousands of anti-government demonstrators took to the streets of Bangkok on Saturday, calling for the resignation of Prime Minister Paetongtarn Shinawatra following a leaked diplomatic phone call that has fueled public outrage and shaken her already fragile administration. The call, originally intended to ease tensions with Cambodia, was leaked by a senior Cambodian official. In…

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Otedola Backs Tinubu’s Tax Reforms as Key to Economic Growth

By Ayomide Otitoju Business mogul Femi Otedola has endorsed President Bola Tinubu’s recent signing of four tax reform bills into law, describing the move as pivotal to economic transparency and growth. In a statement on his X (formerly Twitter) handle, Otedola commended the reforms, saying they would “promote fairness, reduce complexity, and rebuild confidence in…

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