The Nigerian Air Force (NAF) has finally reacted to the detention of 11 Nigerians soliders by the Confederation of Sahel States (AES) in Burkina Faso.
Nigeria’s new tax law modernises administration, strengthens compliance, imposes fines and jail for offences, while reducing tax burdens for most citizens.
The Chatham House recently warned the federal government against strengthening the naira. Legit.ng spoke to an economic analyst who offered explanations.
Traders across Nigerian markets have claimed fuel price slashes and other factors to be responsible for the recent slight decline in the prices of food.
German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year that saw Europe's top carmaker increasingly struggle with high production costs and fierce Chinese competition.
Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move that follows the failure of merger talks with rival Honda.
Nigerian authorities are warily moving to regulate Africa's largest cryptocurrency market in long-delayed efforts to create legal certainty in a field still fraught with fraud and volatility.
Fires were still raging on Tuesday after a cargo ship laden with toxic materials slammed into a tanker carrying flammable jet fuel in the North Sea, as questions mounted about how the accident happened. The Stena Immaculate was carrying around 220,000 barrels of jet fuel.
Lego's CEO told AFP that US President Donald Trump's tariff threats do not keep him "awake at night" as the world's largest toymaker posted on Tuesday record earnings for 2024.
Amid complains of inflation and cost-of-living crisis, Chatham House in London has warned the federal government against strengthening the naira.
The naira recovered in the official foreign exchange market on Monday, March 10, 2025, after days of depreciation, trading at N1,528 to a dollar from N1,542.
Economy
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