Minister Nyesom Wike approves enforcement against 1,095 property holders who defaulted on ground rent and related charges, FCTA aide Lere Olayinka confirmed.
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.
At Cuernavaca's Grill, a Mexican restaurant in the Fashion District of downtown Los Angeles, owner Nayomie Mendoza is used to seeing customers line up for lunch. Manuel Suarez, a street vendor near Cuernavaca's Grill, agreed.
As President Donald Trump ramps up tariff threats on US trading partners, his administration is taking aim at a tactic said to be used by Chinese companies to dodge the levies by moving goods through third countries.
Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney. The letter on Thursday came despite what had been warming relations between Trump and Carney.
Shares of Delta Air Lines rocketed higher Thursday after the carrier reported better-than-expected profits and reinstated its full-year forecast based on a reassuring travel outlook. For the quarter ending June 30, Delta reported profits of $2.1 billion, up 63 percent from the year-ago period.
The federal government has just set a new record, securing a $747 million loan, the largest-ever loan to be taken for a road infrastructure project in Nigeria.
The world's top industrial supplier of chocolate, Barry Callebaut, revised its financial guidance lower on Thursday as the global chocolate market suffered its worst drop in sales volume in a decade, with high prices weighing on consumers.
The latest version of Grok, known as the SuperGrok Heavy, is said to be the equivalent of a team of super-intelligent AI agents, collaborating to solve users' query.
The Ferrero Group will acquire US cereal mainstay WK Kellogg for $3.1 billion as the Italian food giant expands further in North America, the companies announced Thursday. "Over recent years, Ferrero has expanded its presence in North America," said Giovanni Ferrero.
E-commerce giant Shein faces a possible 150-million-euro ($175-million) fine in France for failing to properly get consent to track users on the internet. It also found during a 2023 inspection that when users refused the tracking cookies Shein continued to read information from them.
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