FCT Minister Nyesom Wike has hailed President Bola Tinubu for his new appointment. The reason for the jubilation of the former governor has been disclosed.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
Chinese drinks company Mixue Group, which has surpassed McDonald's and Starbucks in store count to become the world's largest food and beverage chain, reported a spike in profits on Wednesday as it laid out further expansion plans.
The CBN governor said the central bank remains dedicated to maintaining discipline in the country's fx market by identifying and eliminating dishonest participant
The court held that by filing the suit, First Bank of Nigeria was seeking to do precisely what it was prohibited from doing in an earlier court order.
Industry insiders at a semiconductor trade fair in Shanghai urged more cooperation between the Chinese chip sector and the rest of the world, despite growing trade tensions with Washington. Xiao, whose company sells chip-making equipment, said he still believed that "in the future we may need cooperation across the global industrial chain".
Following the meeting in February, the cement manufacturers agreed to crash the prices, and even reduced the price to N9,000 in a show of good faith.
Nigeria's households are facing a rising cost of living, leaving them with difficult decisions following the rise in petrol prices and transportation costs.
The current trend is a source of worry to stakeholders. The widening gap between the official and parallel market rate signify a return to old times.
By 2030, Coca-Cola products will account for an estimated 1.33 billion pounds (602,000 metric tons) of plastic waste entering the world's oceans and waterways each year, according to a stark new analysis published Wednesday by the nonprofit Oceana. The result: the company's plastic use is projected to exceed 4.13 million metric tons (9.12 billion pounds) annually by 2030.
Britain's finance minister Rachel Reeves is set to detail billions of pounds of spending cuts in her Spring Statement on Wednesday to address the country's ailing public finances. An advocate of iron discipline over public finances, Reeves is set to detail cuts to welfare payments and government departmental budgets in Wednesday's highly-anticipated update.
Economy
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