FCT Minister Nyesom Wike has hailed President Bola Tinubu for his new appointment. The reason for the jubilation of the former governor has been disclosed.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
The Federal Inland Revenue Service (FIRS) has finally launched the much-awaited e-invoicing platform for large taxpayers and firms with N5 billion annual turnover.
The ear-piercing beeps, squeals and buzzes of 90s-era dial-up internet will vanish from thousands of holdout American homes in September as historic provider AOL shuts down the service. "AOL routinely evaluates its products and services and has decided to discontinue dial-up internet," the pioneering internet service provider (ISP) said in a blog post.
The EU on Monday conditionally approved Dutch investment group Prosus's bid to buy Just Eat Takeaway.com for 4.1 billion euros ($4.8 billion). One of Europe's most popular food delivery platforms, Just Eat Takeaway.com operates in 17 international markets.
Bismarck Rewane, the Chief Executive Officer of Financial Derivatives Company has shared its projection for the naira in the Nigerian Foreign Exchange Market
Indonesia and Peru sealed a trade agreement Monday as their leaders met in Jakarta, with Southeast Asia's biggest economy looking to make inroads into South American markets. "Normally, this agreement would have taken years, but Indonesia and Peru managed to finalise this agreement within 14 months."
Asian markets mostly rose Monday as investors eyed a week dominated by speculation about US inflation data and a prolonged pause for Washington's tariffs on China. With Tuesday's US-China tariff truce deadline looming, investors are bullish about the prospects of another extension.
The National Bureau of Statistics (NBS) has provided a breakdown of Nigeria's Value Added Tax (VAT) collections and Manufacturing contributed the largest share.
The Nigerian currency, the naira, traded strongly in the official foreign exchange market following the injection of $150 million by the Central Bank of Nigeria.
US fashion designer Willy Chavarria said Saturday he regrets that sandals he created together with Adidas "appropriated" a traditional design from the southern Mexican state of Oaxaca.
Economy
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