On Sunday, December 14, 2025, Governor Francis Nwifuru announced a Christmas bonus of ₦150,000 to every workers in the civil service of Ebonyi state.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
A UK court Tuesday awarded £700 million ($946 million) compensation to IT firm Hewlett Packard in a fraud case involving late British tech tycoon Mike Lynch, killed last year when his superyacht sank off Sicily.
The governor of the Central Bank of Nigeria (CBN) has revealed that about eight Nigerian banks have met the recapitalisation target ahead of March 31, 2026.
The Central Bank of Nigeria's Monetary Policy Committee (MPC) has decided on the benchmark interest rate, as well as the Cash Reserve and liquidity ratio.
Struggling French video games giant Ubisoft shed light on a far-reaching reorganisation of its business Tuesday, as it reported disappointing sales in April-June.
Kwara Assembly raises concern over soaring flight ticket prices at Ilorin Airport, citing monopoly by few airlines. Residents demand increased competition.
US President Donald Trump voiced confidence Tuesday at reaching a trade deal with the Philippines to ease his threatened tariffs as he welcomed his counterpart Ferdinand Marcos to the White House. A big trade deal, actually," Trump said as he met Marcos in the Oval Office.
The Chairman of the Federal Inland Revenue Service (FIRS), Zaach Adedeji, revealed how Nigeria's tax reform will lead to national transformation and not bureaucracy.
General Motors reported Tuesday that second-quarter profits tumbled by more than a third due to tariffs as it confirmed its full-year forecast. Profits overall fell 35.4 percent to $1.9 billion year-on-year, with a $1.1 billion hit from tariffs accounting for much of the drop.
Major social media platforms are enabling and profiting from misinformation around extreme weather events, endangering lives and impeding emergency response efforts, a research group said Tuesday. "The influence of high-profile conspiracy theorists during climate disasters is drowning out emergency response efforts," the report said, adding that the trend was "putting lives at risk."
Economy
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