There was a tension at the Federal High Court in Abuja on Friday, December 2, when the operatives of the EFCC and that of the NCoS threatened each other with guns.
Federal Government denied plans to monitor bank accounts for tax; small businesses earning below ₦12 million exempt from income tax under new reforms.
The US Energy Secretary vowed Monday to reset federal energy policy to favor fossil fuels and deprioritize climate change as industry leaders gathered at their biggest event since President Donald Trump returned to office.
Seven out of these companies have acknowledged their debts and promised to pay up in a few months, but the others refused to appear before the commitee.
A French court fined Swiss bank UBS 75,000 euros on Monday for the psychological harassment of two whistleblowers who had denounced a system that helped moneyed French clients dodge taxes. The bank and its French subsidiary were also definitively convicted of having set up a system of massive tax evasion between 2004 and 2012.
A major rescue operation was under way after a collision between an oil tanker and a cargo ship in the North Sea Monday which sparked a huge blaze and left 32 people injured. In October 2023, two cargo ships, the Verity and the Polesie, collided near Germany's Heligoland islands in the North Sea.
While Nigerians are heaving a sigh of relief over the recent drop in food prices, former special adviser on Agriculture has hinted when the prices will go up again.
The proposed Tax Reform Bill introduced by President Bola Tinubu contains some issues which have divided Nigerians along ethnic lines and ideologies.
Three former top executives from French video game giant Ubisoft, the maker of "Assassin's Creed" and "Far Cry", went on trial on Monday accused of psychologically and sexually harassing employees for nearly a decade. The third defendant, former game director Patrux, 39, has been accused of psychological harassment.
Petrol station attendant Amadou Sani gesticulated to approaching motorists in Niamey to keep going because the garage had no more fuel. At the few garages in the city centre that still had fuel on Sunday, motorists and motorbike riders waited patiently and the roads were quieter than normal.
Italian opposition parties stepped up criticism Monday of a proposed deal between the government and SpaceX's Starlink following founder Elon Musk's suggestion he could cut Ukraine from the satellite network.
Economy
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