• Sun, February 16, 2025

by: legit

Tariff Tsunami: How Tinubu's Government Raised Prices Across Telecoms, Ports, Power,Others

As Tinubu's government approaches its second anniversary, Legit.ng highlights the tariffs that have been adjusted or introduced under his leadership.

by: Zawya

Edamah appoints Khaled Abdulrahman Al Majed as Chief Executive Officer

Manama, Bahrain: Edamah, (Bahrain Real Estate Investment Company) the real estate arm of the Kingdom's sovereign wealth fund, Bahrain Mumtalakat Holding Company (Mumtalakat), announced today the appointment of Khaled Abdulrahman Al Majed as Chief Executive Officer, effective 16th March, 2025.

by: Oregonian

Liz Weston: Should our trust be listed as 'additional insured' on our home insurance policy?

A homeowner was told some insurance companies may not cover loss or damage due to a discrepancy in the names, even if the trust has both of their names as trustees.

by: AOL

Why the model for low-cost airlines may be 'evaporating'

Frontier's latest attempt to buy Spirit underscores the "evaporating" state of the low-cost airline business model.

by: Forbes

Stocks This Month: Buy V.F. Corporation And Atlassian

The markets are near all-time highs. It is difficult to find stocks that are not overbought. Here are a pair of attractive stocks that are not very extended.

by: Yahoo

Tesla Vs. BYD: Tesla Hits 2025 Lows While BYD Skyrockets On Self-Driving Moves. It's Not A Coincidence.

Tesla has sold off to 2025 lows after Q4 earnings. EV giant BYD has surged to record highs on the China EV giant's self-driving push.

by: jacobin

Tim Scott Is Fighting for His Donors' Junk Fees

Joe Biden's CFPB passed rules limiting overdraft and credit card late fees. As the chair of the Senate committee that oversees the agency, Tim Scott wants to reinstate these junk fees — a key priority for his donors in finance.

by: Moneycontrol

Asian shares cautious amid US-EU tension

Australian shares dipped while Japan swung between gains and losses. Futures in Hong Kong also pointed to an early drop. The dollar was little changed

by: Reuters

Some Indonesia lawmakers eye removing central bank governor, Tempo magazine reports

Some members of Indonesia's parliament plan to propose the president remove the central bank governor because they think he was not properly backing the government's policy, investigative magazine Tempo reported on Monday,

by: business

Ghana remains strategic investment hub despite challenges - IFC

By Joshua Worlasi AMLANU The International Finance Corporation (IFC) remains optimistic about Ghana's economic prospects, reaffirming its commitment to supporting private-sector growth despite recent macroeconomic challenges.

by: Reuters

Australian lender Westpac reports 13% rise in first-quarter profit

Australia's Westpac Banking posted a 13% rise in its first-quarter net profit on Monday, helped by growth in customer deposits and housing and business loan volumes.

by: Moneycontrol

Reciprocal tariffs and the new world disorder

The first effort at getting countries together to lower tariffs for the benefit of all, started in 1947 at Geneva when the GATT or the General Agreement on Trade and Tariffs was signed between 23 countries,

by: Yahoo

Heartland Hope Mission coats in high demand ahead of freezing temperatures

In collaboration with KMTV and Godfather's Pizza, Heartland Hope Mission collects over 2,000 coats and hundreds of other winter necessities.

by: Forbes

Trump Gaza Proposal: Netanyahu Praises Trump's 'Bold Vision' For Gaza Takeover After Rubio Meeting

Trump's proposal to relocate Palestinians out of Gaza and take over the territory was rejected by several foreign nations, including Saudi Arabia, Turkey and China.

by: Reuters

Elon Musk says xAI's Grok 3 chatbot to be unveiled on Monday

Billionaire Elon Musk said on Saturday that his xAI's artificial intelligence chatbot and ChatGPT challenger Grok 3 would be released with a live demo at 8 p.m. Pacific time on Monday (0400 GMT on Tuesday).

by: MSN

Trump nominates judge to serve as next US attorney for Southern District of Florida

President Trump made three announcements for nominations and appointments on Sunday, including Judge Jason Reding Quiñones for the U.S. attorney for the Southern District of Florida.

by: MSN

Senior Seoul trade official departs for U.S. to discuss Trump tariffs

South Korea's deputy trade minister departed for Washington on Monday to hold talks pertaining to new U.S. tariffs and related trade policies under President Donald Trump, his office said. Deputy Minister of Trade Park Jong-won will meet with officials from the U.

by: MSN

Why Mission Produce, Inc. (AVO) is the Best Food Stock to Buy Under $20

We recently published a list of the 10 Best Food Stocks To Buy Under $20. In this article, we are going to take a look at where Mission Produce, Inc. (NASDAQ:AVO) stands against other best food stocks to buy under $20.

by: MSN

In national DEI dismantle, corporate charity efforts could be next

Companies are scaling back or abandoning DEI goals related to hiring and suppliers. Corporate charities are not safe from Trump administration attacks either.

by: MSN

STAY INFORMED: Business delays hours ahead of bitter cold wind chills

At least one business has delayed its hours on Monday ahead of bitter cold wind chills. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] Dolly Packaging Assembly and Fulfillment in Tipp City has been delayed 2 hours on Monday.

by: MSN

6 Best 100x Crypto Gems: Qubetics ($TICS) Surges with $12.9M Raised, Plus Kaspa, Stacks, Quant, SUI, and Celestia for Explosive Growth

Cryptocurrencies have taken the world by storm in recent years, with new projects emerging at a rapid pace. Each of these projects promises to revolutionize the way we think about finance, decentralization,

by: MSN

You may think you're too busy to read, but you're not

TL;DR: Turn your downtime into self-growth with Headway Premium-lifetime access to bite-sized insights from the world's best nonfiction books is just $47.99 (reg. $299.95) through March 2. Ever found yourself three hours deep in a Wikipedia rabbit hole about obscure historical events or the mating habits of sea otters?

by: MSN

CNBC Daily Open: Elon Musk's money is not the issue for OpenAI

Elon Musk's 97-billion-dollar bid for OpenAI was soundly rejected by the artificial intelligence startup, which said the company "is not for sale."

by: MSN

Almost 300 pubs closed last year ahead of cost rises

Almost 300 pubs closed last year ahead of cost rises - The British Beer and Pub Association warned that urgent Government action is needed to avoid more 'completely avoidable' closures.

by: MSN

Broadcom, TSMC eye deals that would split storied chipmaker Intel: report

Intel rivals Taiwan Semiconductor Manufacturing Co. and Broadcom are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported Saturday, citing people familiar with the matter.

by: MSN

Is California government considering oil refinery takeovers? Yes, it is

As oil companies shut down refineries, California policymakers are weighing whether the state should get into the refinery business to ensure steady supplies. An industry group says it's not so simple.

by: MSN

Acting president with biz delegation

Acting president with biz delegation Acting President Choi Sang-mok (2nd from R, back) attends a dinner with a business delegation to the United States at the government complex in Seoul on Feb. 16, 2025,

by: MSN

Britain could bring back U.S. tariffs if steel and aluminum not exempted: UK business secretary

Britain's business minister Jonathan Reynolds said on Sunday the UK would impose tariffs on U.S. products if the country failed to get an exception for steel and aluminum from 25% U.S. tariffs. The business and trade secretary told the BBC that the UK could bring back tariffs on U.

by: MSN

Wedding expo connects couples with event experts in Elkhart

Calling all soon-to-be-brides!U-93 will host a bridal expo on Sunday.The Unveiled Wedding Expo will run from 11 a.m. to 3 p.m. at the Lenox Event Venue in Elkha

by: MSN

Broadcom, TSMC Eye Deals for Parts of Intel, Report Says

KEY TAKEAWAYS Broadcom and Taiwan Semiconductor Manufacturing Co. are reportedly weighing plans to bid for Intel that would result in the storied chipmaker breaking up.According to The Wall Street Journal in a report Saturday,

by: MSN

White House economist gives plan to control avian flu, lower egg prices after Biden admin 'killed chickens'

A White House economist says they are working toward a plan to control the avian flu, which will help lower egg prices that have skyrocketed after the Biden administration "killed all the chickens."

by: MSN

Factbox-How hard have US agencies been bit by Trump and Musk's layoffs?

U.S. President Donald Trump and billionaire Elon Musk, one of his closest advisers, have mounted a sweeping campaign to slash the size of the 2.3 million-strong federal workforce, firing at least 9,500 employees in an unprecedented effort that shows no sign of slowing.

by: MSN

Israel and India seek trade pact in 2025 as Trump touts US-India corridor via Israel

Economy Minister Nir Barkat says visit to New Delhi marks 'breakthrough' to advance a trade agreement, as Trump pushes vision of connecting India, Europe, and the US through Israel The post Israel and India seek trade pact in 2025 as Trump touts US-India corridor via Israel appeared first on The Times of Israel.

by: MSN

Steel & Aluminum Tariffs to Impact US Beer

The SEC is taking steps to roll back a climate disclosure rule requiring publicly traded companies to report their environmental impact. U.S. steel and aluminum tariffs are expected to raise costs for craft brewers,

by: MSN

'Business here is good': Alameda Books Inc. store thrives amid parent chain's bankruptcy

THERE WERE NO signs last Tuesday afternoon that Books Inc. in Alameda is facing financial trouble. A few people browsed, a worker replaced books on shelves, and it was quiet, save for some classic rock and muffled laughter from the back.

by: MSN

Trump's funding freeze leaves American farmers like me out in the cold

Every farm that goes out of business following Trump's federal funding pause means fewer families in rural communities, less money spent at the local businesses, fewer kids in the local schools, and fewer tax dollars for roads,

by: MSN

Ukraine-Russia war latest: European leaders to hold emergency summit as US plans talks with Russian officials

European leaders to hold emergency summit as US plans talks with Russian officials - Ukraine has insisted they will not accept a ceasefire deal 'made behind our backs'

by: MSN

'An achievement or a costly risk?' Tory plan to freeze Ribble Valley council tax

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: MSN

What's Going On With the SALT Deduction?

There is currently a $10,000 cap on SALT deductions. Filers can deduct on Schedule A any combination of state and local property taxes, and income or sales taxes, up to a $10,000 limit. Married couples who file separate returns can each deduct up to $5,

by: MSN

How much value does the Marriott Bonvoy program provide when you book directly?

You'll usually only get benefits and earnings when you book hotel stays directly with Marriott. Here's how to decide when it's worth booking directly.

by: MSN

In national DEI dismantle, corporate charity efforts won't escape scrutiny

Companies are scaling back or abandoning DEI goals related to hiring and suppliers. Corporate charities are not safe from Trump administration attacks either.

by: MSN

What is Cutout.pro? Everything we know about AI video tool

Cutout.pro is an AI-powered image and video editing tool designed for fast and automated background removal, image enhancement, and content creation. The service is widely used in ecommerce, social media,

by: MSN

Lori Loughlin lists LA mansion for $16.5 million

Lori Loughlin and husband Mossimo Giannulli have re-listed their Los Angeles mansion for $16.5 million. The couple purchased the home during their college admissions scandal.

by: MSN

Trump's steel tariffs would damage UK and US, says Business Secretary

US President Donald Trump's planned tariffs on imports of UK steel will cause damage on both sides of the Atlantic, Business Secretary Jonathan Reynolds said. The Government has promised a package of up to £2.

by: MSN

Top Wall Street analysts are optimistic about the potential of these 3 stocks

TipRanks' analyst ranking service reveals three stocks favored by Wall Street, including Pinterest and Amazon.

by: MSN

Meet Shapoor Mistry, who is leading 155-year-old Shapoorji Pallonji Group, he is elder brother of..., his net worth is...

The advisory board for SP Finance and SC Finance includes four family members: Shapoor Mistry, his son, and Cyrus Mistry's sons, Firoz and Zahan.

by: MSN

Ukraine-Russia war latest: Starmer to join crisis summit as US and Russian officials to meet in Saudi Arabia

Starmer to join crisis summit as US and Russian officials to meet in Saudi Arabia - Ukraine has insisted they will not accept a ceasefire deal 'made behind our backs'

by: MSN

Meet Shapoor Mistry: Steering the 155 Year Old Shapoorji Pallonji Legacy Amid Challenges; What Is His Net Worth?

Following the passing of Pallonji Mistry and Cyrus Mistry, Shapoor Mistry has taken charge of the Shapoorji Pallonji Group, one of India's oldest infrastructure conglomerates. As he navigates financial challenges and a major restructuring,

Tariff Tsunami: How Tinubu's Government Raised Prices Across Telecoms, Ports, Power,Others

As Tinubu's government approaches its second anniversary, Legit.ng highlights the tariffs that have been adjusted or introduced under his leadership.
The article from Legit.ng discusses the recent economic policies under President Tinubu's administration in Nigeria, which have led to a significant increase in tariffs across various sectors. Key points include the removal of fuel subsidies, which has indirectly raised costs in transportation and goods, and the floating of the naira, leading to its devaluation. Specifically, the telecom sector has seen a 10% hike in tariffs, affecting services like calls, data, and SMS. Additionally, electricity tariffs have surged by 40% for Band A customers, impacting both residential and commercial users. Port charges have also increased, with terminal operators raising tariffs by 10% to 15%, which affects import and export costs. These changes are part of a broader economic reform aimed at reducing government expenditure and encouraging market-driven pricing, but they have sparked concerns about the cost of living and doing business in Nigeria.

Read the Full legit Article at:
https://www.legit.ng/business-economy/economy/1640919-tariff-tsunami-how-tinubus-government-raised-prices-telecoms-ports-others/

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