The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
French Prime Minister Francois Bayrou will on Monday try to force through his government's budget without a vote using a controversial parliamentary mechanism, which might lead to a no-confidence motion from the left.
With a Mediterranean coastline, natural thermal springs, clement weather and affordability, Tunisia has become the world's second-largest destination for seawater-based treatments known as thalassotherapy.
US tech giant OpenAI on Monday unveiled a ChatGPT tool called "deep research" ahead of high-level meetings in Tokyo, as China's DeepSeek chatbot heats up competition in the AI field. OpenAI chief Sam Altman is in Tokyo to meet Japan's Prime Minister Shigeru Ishiba later Monday along with Masayoshi Son, head of Japanese tech investment behemoth SoftBank Group.
Asian stocks tanked and the dollar surged Monday after Donald Trump signed off huge tariffs on China, Canada and Mexico, and warned the European Union would be hit "pretty soon". Oil prices jumped as Trump's tariffs on Canada and Mexico include the commodity.
Mexican agricultural and auto-parts producers called Sunday for "dialogue" to head off the trade war prompted by US President Donald Trump's decision to impose 25 percent tariffs on imports from Mexico and Canada.
US Secretary of State Marco Rubio on Sunday threatened action against Panama without immediate changes to reduce Chinese influence on the canal, but the country's leader insisted he was not afraid of a US invasion and offered talks.
President Donald Trump said Sunday that Americans may feel economic "pain" from his tariffs on key trading partners, but argued it would be "worth the price" to secure US interests. A spokesperson for the bloc vowed Sunday that it would "respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs." des/bbk
The Central Bank of Nigeria (CBN) has approved the use of the CFA franc on the Nigeria Export Proceeds (NXP) form for export earnings repatriation.
Donald Trump's new tariffs will probably not have a major impact on China's economy but may herald the opening salvo of another bruising trade war with Beijing, analysts said Sunday. However, his action against Beijing was "not a big shock to China's economy", according to Zhiwei Zhang, president of Pinpoint Asset Management.
Economy
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