The Nigerian government has phased out the previous personal income tax laws, introducing a new rent-based deduction capped at N500,000 for tenants.
Economy
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Finally, relief for naira: Nigeria’s reserves hit 5-year high amid global uncertainty
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Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
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Big win for naira: CBN reveals $8.6bn FX turnover as dollar inflows surge, reserves hit new high
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Prices of rice, tomatoes, other food items soars as retailers struggle with unpredictable costs
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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Nvidia unveils plan for Taiwan's first 'AI supercomputer'
Nvidia boss Jensen Huang announced plans for Taiwan's "first AI supercomputer", as he showcased on Monday the company's latest advances in artificial intelligence. Huang said Nvidia would work with Taiwanese tech giants Foxconn and TSMC as well as the government to build Taiwan's "first AI supercomputer .. for the AI infrastructure and AI ecosystem".
Asian markets drop after US loses last triple-A credit rating
Asian stocks fell with the dollar Monday after Moody's removed the United States' last gold standard sovereign bond rating, citing the growing debt pile that it warned could balloon further.
China factory output beats forecasts, weathering tariffs
Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington. Data on Monday showed retail sales, a key gauge of domestic demand, grew 5.1 percent year-on-year last month, short of the 5.8 percent growth forecast by Bloomberg.
$TRUMP dinner blurs lines between profit and politics
More than two hundred guests on Thursday will make their way to a ritzy country club just up the Potomac River from Washington, ready for a sumptuous dinner hosted by the president of the United States.
France to unveil €37 bn in foreign investment at Versailles summit: presidency
France will announce 37 billion euros ($41.3 billion) in foreign investment on Monday as President Emmanuel Macron hosts more than 200 top executives at a business summit in Versailles, the French presidency said. The remaining 17 billion euros was announced in February and has now been finalised and tied to specific sites, the presidency added.
List of 10 most expensive states to live in Nigeria
The National Bureau of Statistics has revealed the list of states with the highest inflation rate for the month of April 2025, led by Enugu, Kebii.
Global chip giants converge on Taiwan for Computex
Global semiconductor chip giants will gather at Taiwan's top tech expo this week to showcase "the next frontier" for an industry dominated by artificial intelligence.
Control tower breakdown brings flight chaos to Paris airport
A control tower breakdown forced the cancellation of about 130 flights at Paris Orly airport Sunday, leaving thousands of passengers to scramble for alternative routes, officials said. The airport spokesman said about half the 130 cancelled flights were departures and half incoming flights.
CBN introduces N80,000 charges for Nigerians abroad to get BVN
The Central Bank of Nigeria (CBN) has introduced an N80,000 processing fee for Nigerians abroad to obtain the recently launched Non-Resident BVN.
Economy
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