IGP Kayode Egbetokun has finally commented on the confrontation between the FCT Minister and some naval officers in Abuja and disclosed the steps taken so far.
Nigeria plans to cut Capital Gains Tax to 25% by 2026, ease corporate tax to 25%, and introduce full VAT input credits to support businesses nationwide.
United Airlines reported a drop in second-quarter profits Wednesday on higher costs and predicted a rise in travel as geopolitical worries ease. United had higher salary costs compared with the year-ago period.
Woodhall Finance House and Polaris Bank are partnering with two governments to launch a N1.5 billion Creative Sector Fund to support export-ready MSMEs.
Goldman Sachs reported a jump in second-quarter profits Wednesday behind significant increases in financial advisory revenues that chief executive David Solomon said could presage an uptick in dealmaking. Goldman said increases in advisory fees reflected strength in the Americas, Europe, the Middle East and Africa.
The government pledged to reduce the incidence of Nigerian youths paying for healthcare out of their pocket by driving improved coverage and better services.
US President Donald Trump said Wednesday that he was not currently planning to fire Federal Reserve Chair Jerome Powell, but added that he did not rule it out. "I don't rule out anything, but I think it's highly unlikely," he added.
In Javier Milei's Argentina, falling inflation has stimulated a boom in car and real estate sales and foreign-bound planes take off laden with tourists. "The change in government has been very positive for this sector," third-generation real estate agent Diego Sardano told AFP. "Under the previous government, we went months without making a single sale.
Within the 12 months, crypto-related scams led to the loss of $9.3 billion, almost 70% growth from the year before. The report shows a massive growth in cybercrimes.
The federal government, through the Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB), is set to recruit qualified Nigerians into service.
Eulogies are pouring in for Nigeria's former president Muhammadu Buhari, but how true are they? This is what the economic indicators say about his 8 years in office.
Economy
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