Thursday 26 February 2026 6:45 am | Updated: Thursday 26 February 2026 8:02 am Welcome to the City AM FTSE 100 liveblog. Good morning and welcome back to the City AM liveblog. After a few days of tariff-induced risk aversion, the FTSE 100 was back on blistering form on Wednesday, finishing the day’s trading session
Nigeria’s tax authorities have brought cryptocurrency gains within the formal tax net, but the absence of sector-specific guidance on how such gains should be computed and reported is creating compliance uncertainty for investors and fintech operators. The reforms extend capital gains tax and Value-Added Tax (VAT) obligations to digital transactions and virtual asset service providers
Matthew Rozsa Matthew Rozsa Matthew Rozsa is a professional journalist with more than 14 years of experience. His past bylines include Salon, Democracy at Work, MSNBC, Mic, The Daily Dot, RawStory, Yahoo, Quartz, Reason and Dread Central. He is currently writing a memoir for Beacon Press about his life as an autistic journalist that advocates
Thursday 26 February 2026 5:32 am | Updated: Wednesday 25 February 2026 6:03 pm Rachel Reeves has been urged to keep her fiscal rules. Dan Kitwood/Getty Images Chancellor Rachel Reeves has been urged to keep her fiscal rules amid growing calls for tweaks to be made to factor in long-term investments and demands for higher
The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25 bp to 6.25% at a monthly policy meeting on Tuesday. The council also decided to lower the O/N deposit rate by 25 bp to 5.25% and the O/N collateralised loan rate by 25 bp to
President Donald Trump called for Congress to pass the so-called “Dalilah Law” requiring commercial drivers licenses to only go to legal residents — and in the process continued the MAGA movement’s targeting of the Sikh community. “Many, if not most, illegal aliens do not speak English and cannot read even the most basic road signs,”
The naira’s recent surge showed signs of cooling in the official foreign-exchange market after the Central Bank of Nigeria (CBN) stepped in to mop up dollars, moderating the pace of the currency’s appreciation. After a strong run in previous sessions, the local currency slipped marginally for the sixth consecutive trading day in the Nigerian Foreign Exchange Market
Tuesday 24 February 2026 1:56 pm Russia’s economy is ‘in stagnation’. (Vyacheslav Prokofyev/Sputnik via AP) Russia’s economy has “moved into a period of stagnation” after initial war efforts boosted output in the country, amid growing hopes in the West that further sanctions have been successful in limiting its growth. Four years on from the start
When Homes Depot suffers its state headquarters feels the pain — and swing state Georgia is definitely taking notice of the 800 jobs the company reported lost in January. Now the Atlanta Journal Constitution reports the company, whose founders are supporters of President Donald Trump, are reeling from a 4.4 percent net earnings decline from
Nigeria’s transition to electronic invoicing is no longer theoretical. With large taxpayers already onboarded and medium-sized businesses scheduled to go live from July 2026, companies are now moving from awareness to implementation. The reform represents a structural shift from manual or PDF-based invoice processes to real-time digital validation, directly connecting businesses’ sales systems to the