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.
If you are among those wondering who succeeded Aliko Dangote as board chairman of Dangote Sugar Refinery, this contains all you should know about Arnold Ekpe.
The Federal Inland Revenue Service (FIRS) has invited Nigerians to attend a public Webinar on Taxpayer Services and Fiscal Reforms to enhance tax understanding.
Spanish Economy Minister Carlos Cuerpo said a tariff pact between the EU and Washington should be "fair and balanced," although both sides remain far from a deal as a July deadline approaches. US Commerce Secretary Howard Lutnick told CNBC this week that an EU deal will likely be among the last that Washington completes, even as he remained optimistic that both sides would reach this goal.
Harnessing ocean currents to boost fuel efficiency of vessels, or tracking whales using sensor data and AI -- startups at Paris trade fair Vivatech have been showing off the latest innovations aimed at protecting the environment.
War, tariffs and the Air India crash will cast a shadow over the Paris Air Show as the aerospace industry's biggest annual gathering opens on Monday. Boeing chief executive Kelly Ortberg cancelled plans to attend the Paris Air Show to focus on the investigation into the crash.
Global airlines on Friday cancelled flights to Tel Aviv, Tehran and other Middle East destinations, or rerouted planes, as airspaces shut following Israeli strikes on Iran. Emirates, the Middle East's largest airline, cancelled flights to and from Iraq, Jordan, Lebanon and Iran after Israel launched the strikes.
Nigeria has sold over a trillion naira worth of crude to several African countries, even as Dangote Refinery still imports. India is Nigeria's biggest buyer now.
The MultiChoice report blamed the loss of 1.4 million subscribers to the recent economic hardships. The company is planning a new package to lure customers back.
The Central Bank of Nigeria (CBN) injected about $580 million into the foreign exchange market in May to save the naira from depreciation in the FX market.
Economy
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