The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
The mighty dollar is sliding sharply as President Donald Trump's turbulent trade agenda has battered US credibility in global markets and fanned fears of a self-inflicted economic downturn. "The market is re-assessing the structural attractiveness of the dollar as the world's global reserve currency and is undergoing a process of rapid de-dollarization," Saravelos said in a note to clients.
India's gems and jewellery industry is breathing a momentary sigh of relief after US President Donald Trump paused harsh tariffs that threatened to hit lucrative exports and tens of thousands of jobs. While Trump's pause has brought relief, India's exporters are keenly aware they could be in the same position in July.
The local cotton, textile and garment sector is about to get a major funding boost as the federal government is partnering with Bank of Industry to make it happen.
The African Growth and Opportunity Act (AGOA), whose future is in doubt since Donald Trump returned to the White House, provides duty-free access to the United States for certain African products.
As the customers line gets deactivated or churned after one year of no activity, NCC is extending further room for subscribers to claim unused airtime.
The naira rebounded against the US dollar in the official foreign exchange market on Thursday, April 10, 2025, closing at N1,634.500 from N1,644 per dollar.
Britain's economy grew far more than expected in February, official data showed Friday, in a rare piece of good news for the Labour government as it grapples with unpredictable US tariffs. But Friday's figures exceeded economists' expectations of a much smaller 0.1 percent increase in GDP in February.
Smartphone buyers were cheered by shopkeepers in Jakarta on Friday after Apple's latest smartphone went on sale following a monthslong ban in Indonesia. Indonesia has also banned the sale of Google Pixel phones for failing to meet the 40 percent local parts requirement. mrc/ebe/tc
As the naira contrinues to strenghten, here are top five countries Nigerians could visit. The naira is stronger than the local currencies, and one can get a lot.
Economy
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