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.
Record numbers of tourists flocked to Japan last year, figures showed Wednesday, as the weak yen bolstered the appeal of the "bucket list" destination despite overcrowding complaints in hotspots like Kyoto. Japan has long been a "bucket list" destination for many people, said Naomi Mano, president of hospitality and events company Luxurique.
Donald Trump's policies are not likely to cause inflation to reignite as many analysts fear, one of the president-elect's longtime economic advisors told AFP Tuesday, less than a week before Trump returns to the White House.
Elon Musk's SpaceX is gearing up for the seventh orbital flight test of Starship, the colossal prototype rocket the company hopes will help humans colonize Mars. - Betting on Starship - SpaceX already dominates the orbital launch market with its Falcon 9 and Falcon Heavy rockets, which serve commercial clients, NASA and the Pentagon.
One rocket, two missions: lunar landers built by US and Japanese companies launched their "rideshare" to the Moon on Wednesday, showcasing the private sector's growing role in space exploration.
Asian markets swung Wednesday, continuing their yo-yo start to the year as traders assess the economic outlook with Donald Trump back in the White House, with focus now on the release of key US inflation data. Also in focus this week is the release of Chinese 2024 growth data, with expectations that it could come in below the previous year and be among the slowest in more than three decades.
China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy. The specific trade imposts Trump intends to levy against China are not yet clear but the country's export surge last year "will ignite further fury among US trade hawks", Innes said.
China's economic growth likely fell fractionally short of the government's five percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Donald Trump amid fears of another painful trade standoff.
Billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg will attend Donald Trump's inauguration next week, NBC news reported Tuesday, further highlighting the tech moguls' efforts to develop closer ties with the incoming president.
Starbucks has stirred the coffee pot by reversing a policy that allowed anyone to use its bathrooms, with the US public warned they'll need to buy something or get out. Following the debacle, Starbucks adopted an "open bathroom" policy meaning its restrooms -- at the cafes that had them -- would be open to all.
Economy
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