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.
The Nigerian currency weakened against the US dollar on Monday, February 3, 2024, amid CBN's extension of foreign exchange sales for Bureau de Change operators.
China on Tuesday said it would probe US tech giant Google over violations of anti-monopoly laws after Washington slapped 10 percent levies on Chinese goods. Beijing's State Administration for Market Regulation said the US tech giant was "suspected of violating the Anti-Monopoly Law of the People's Republic of China".
OpenAI chief Sam Altman inked a deal with tech giant Kakao in South Korea on Tuesday as the US firm seeks new alliances after Chinese rival DeepSeek shook the global AI industry.
From retaliatory tariffs on US goods like car parts and soy beans to controls on raw minerals essential for American manufacturing -- analysts say China has plenty of options if it wants to reply to fresh US levies.
Apple on Monday called a pornography app available for iPhones in the European Union a danger to children, saying landmark digital rules there allowed it to get on to its handsets via an alternative to its App Store.
Asian equities bounced Tuesday, while the Mexican peso and Canadian dollar rallied after Donald Trump said he would delay the imposition of stiff tariffs on imports from the US neighbours, soothing trade war worries for now.
France hosts top tech players next week at an artificial intelligence summit meant as a "wake-up call" for Europe as it struggles with AI challenges from the United States and China. "The summit comes at exactly the right time for this wake-up call for France and Europe, and to show we are in position" to take advantage of the technology, an official in Macron's office told reporters.
Elon Musk has begun swinging his wrecking ball at the US government, with concerns growing over the unprecedented power that President Donald Trump has handed to the world's richest man. Musk's powers have seemed almost unbounded, leading to accusations by Democrats of an unconstitutional power grab by both him and his fellow business mogul Trump.
After the loss of more than 10,000 homes in last month's Los Angeles fires, the region faces a daunting challenge to rebuild with a tight labor market, constrained construction supplies and strict regulations. Supplies have remained tight for some construction materials.
Economy
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