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.
European lawmakers are expected on Thursday to back weakening a set of EU environmental and human rights rules, as part of a business-friendly push against red tape that has split parliament.
Asian markets trod water Thursday as euphoria over the end of a record US government shutdown petered, with focus back on Federal Reserve interest rates and tech bubble worries. The currency has come under pressure following dovish comments from Japan's central bank that tempered best on another interest rate hike and as the US moved towards reopening its government.
Global fossil fuel emissions are set to hit a new high in 2025, according to research published Thursday that also warns curbing warming under 1.5C would now be essentially "impossible".
A US jury in the first civil trial over a fatal Boeing 737 MAX crash determined Wednesday that the aircraft manufacturing giant owes $28.45 million to the family of a newly-wed Indian victim.
A renowned Brazilian tribal chief said Wednesday on the sidelines of UN climate talks that he would not hesitate to give the president a "talking-to" if he ignored concerns over oil exploration near the mouth of the Amazon River.
The United States pressed its final circulating penny on Wednesday, in a move made to save money as the one-cent coin denomination became less relevant over time. "For far too long the United States has minted pennies which literally cost us more than 2 cents.
Major Western ride-hailing platforms like Uber and Lyft sketched a gradual path towards introducing self-driving cars at this week's Web Summit in Lisbon, with infrastructure, developing regulation and passengers' preference for human contact weighing on the brakes.
Ukraine's energy and justice ministers resigned on Wednesday over their alleged involvement in a sweeping corruption scandal in the country's energy sector. Zelensky earlier called for the resignation of his Justice Minister German Galushchenko, who investigators alleged received "personal benefits" in the scheme, as well as Energy Minister Svitlana Grynchuk.
The Nigerian government changed the country's Personal Income Tax rules. However, citizens can still claim deductions legally under the new PIT guidelines.
Economy
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