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.
Chinese electric vehicle maker XPeng said Friday that European Union tariffs on EVs made in China have had a "large economic impact" but will not deter the firm's plans to tap European markets. The tariffs are "something we have to deal with... it's a large economic impact," XPeng vice chairman and president Brian Gu said at the opening of a Hong Kong store.
President Donald Trump suggested Friday that people who vandalize Tesla property -- the car brand owned by his billionaire ally Elon Musk -- could be deported to prisons in El Salvador. Attorney General Pam Bondi this week branded vandalism against property owned by Tesla as "domestic terrorism" in a public show of support for Musk.
US President Donald Trump denied media reports on Friday that his billionaire ally Elon Musk would receive a "top-secret briefing" on Washington's strategy in a potential war with China. According to the Times, Musk was set to receive a briefing Friday on US military plans in case of a war with China, including maritime tactics and targeting plans.
Germany's upper house of parliament on Friday gave the final seal of approval to a massive spending package to build up the military and overhaul infrastructure. The upper house is made up of representatives of Germany's 16 federal states, and several state leaders spoke in favour of the package before the vote.
Lagos state has turned out to be the highest consumer of red meat in Nigeria, with over 7,000 cows consumed daily. This is an investment opportunity.
Prices have been rising quickly across the Russian economy for months, pushed up by massive government spending on the Ukraine conflict and deep labour shortages. That spending has bloated the Russian economy, partially offsetting the impact of Western sanctions.
The issue of data privacy has been on the front burner. With this new tool, Nigerians can initiate a remediation process if and when any breach is detected.
Britain's Heathrow airport -- Europe's busiest -- shut down early on Friday after a major fire at an electricity substation cut power to the sprawling hub, causing disruption worldwide to hundreds of flights and thousands of travellers. The UK's second busiest airport, Gatwick, said it would accept some flights from Heathrow.
BAT Nigeria has been recognised and certified as a Top Employer for 2025 by the globally renowned Top Employers Institute. This is a big win for the company.
Economy
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