The ruling APC has announced the seventh governor of PDP has dumped the party and joined its folds, now controlling second geopolitical zone in Nigeria.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
The global music industry raked in a record $29.6 billion last year as online streaming propelled revenues to their highest level since records began in the 1990s, new figures showed on Wednesday. Streaming now accounts for more than two-thirds (69 percent) of global revenues, or $20.4 billion.
Spanish bank Santander announced Wednesday plans to close one fifth of its UK branches, impacting 750 jobs, as the switch to online banking gathers pace. As part of the restructuring, Santander plans to contribute to the expansion of local banking hubs and to use "community bankers" who will provide face-to-face support.
Groups from five African countries filed fraud and corruption complaints Wednesday accusing French billionaire Vincent Bollore and one of his sons of illegally obtaining and benefitting from port concessions. Wednesday's complaint now accuses Bollore of corruption, benefitting from influence peddling and the unlawful taking of interests of local officials in Cameroon, Ghana and Ivory Coast.
The FX crisis started in 2023 and has since continued, resulting in almost 300% depreciation of the naira. Businesses like Dangote's have suffered huge losses.
PENGASSAN members had staged a protest at the company headquarters, over discrimination against Nigerians and other anti-labour practices, but nothing was done.
For the second time this month, the Debt Management Office is opening auction of two FGN bonds with attractive returns. The agency has listed benefits of subscribing
Tech firms are fighting the scourge of deepfakes, those deceptively realistic voices or videos used by scammers that are more available than ever thanks to artificial intelligence. Ever-improving generative artificial intelligence (GenAI) tools have become weapons in the hands of bad actors intent on tricking people out of their money or even their identities.
Since avian flu turned eggs into a luxury item, pastry chef Annie Clemmons has spent countless hours in her Maryland workshop, racking her brains about how to replace them in her recipes. "Never in a million years did I think it would be a luxury item."
Malaysia is making great strides in its effort to become a major player in the global semiconductor industry as it looks to capitalise on a surge in demand driven by the AI explosion but analysts warn it faces headwinds. Malaysia, however, is not starting from scratch, the analysts said.
Economy
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