Ademola Adeleke, governor of Osun state, has snubbed the ruling APC after resigning from the PDP. Adeleke officially announced his new party on Tuesday.
Nigeria’s new tax law modernises administration, strengthens compliance, imposes fines and jail for offences, while reducing tax burdens for most citizens.
Nigerian President Bola Tinubu on Thursday signed four landmark bills into law aiming to overhaul the country's tax system, after backing away from more controversial tweaks that would have upended revenue sharing among states.
After satisfying Donald Trump's calls for Europe to ramp up defence spending in NATO, EU leaders were meeting in Brussels Thursday on the next big challenge ahead: how to seal a trade deal with the US leader.
The Federal head of service confirmed that the personnel audit and skills gap analysis has started in two states, and will soon be extended to other states plus FCT.
A gardening game created by a teenager on online platform Roblox has attracted a record 21 million simultaneous players, a figure rarely seen in the industry. "(But) I think we can be confident it's a record for Roblox because Roblox has given us these these figures," he said.
VIPs whizzed by speed boat through Venice Thursday as the three-day wedding party of Amazon tycoon Jeff Bezos and Lauren Sanchez kicked off and protesters demonstrated in St Mark's Square. Protesters, some wearing carnival masks, demonstrated in St Mark's Square, accusing authorities of pandering to the super rich while the city drowns under tourists.
Vice President Kashim Shettima confirmed that Nigeria has received $52 billion intervention funds from the bank, and listed impactful projects executed with it.
The former NNPCL Chief Financial Officer, Alhaji Umar Isa, described the reports of his arrests as targeted at tarnishing his image. He explained what happened.
Once signed into law, the bill will consolidate Nigeria’s tax laws, repeal the FIRS, and create new national tax institutions and a tax ombudsman.
Swedish fashion giant H&M on Thursday reported a drop in sales and profit in the second quarter, as currency effects weighed on the company's earnings. In its quarterly earnings report it said net sales were hit by "a currency translation effect of around six percentage points due to the strengthened Swedish krona."
Economy
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