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.
President Donald Trump said Sunday the United States wants to help China, not hurt it, striking a conciliatory tone days after threatening an additional 100 percent tariff on the world's second-largest economy. "Threatening high tariffs at every turn is not the right approach to engaging with China," it said in an online statement.
The Debt Management Office (DMO) has revealed that Nigeria's debt profile just crossed the N150 trillion ceiling, with N3 trillion borrowed in just three months.
French Prime Minister Sebastien Lecornu on Sunday was negotiating to form a government after losing a key political ally, with time running short before a fast-approaching budget deadline. But the right-wing Republicans (LR), a key political ally, dealt a blow to his chances Saturday by announcing they would not take part in the new government but only cooperate on a "bill-by-bill" basis.
Australian airline Qantas said Sunday that data from 5.7 million customers stolen in a major cyberattack this year had been shared online, part of a leak affecting dozens of firms. The hack of data from Australia's biggest airline comes as a string of major cyberattacks in the country has raised concerns about the protection of personal data.
China accused the United States of "double standards" on Sunday, after President Donald Trump threatened an additional 100 percent tariff on the world's second-largest economy. On Sunday, China's Ministry of Commerce called Trump's tariff threat a "typical example of 'double standards'".
Treading fine line, NBA money machine kicks into gear on China return
US President Donald Trump threatened on Friday to cancel an upcoming summit with Xi Jinping and hit China with "massive" tariffs after Beijing imposed export curbs on rare earth minerals. Trump said China had sent letters to countries around the world detailing export controls on "each and every element of production having to do with Rare Earths."
The Federal Inland Revenue Service (FIRS) under Zacch Adedeji has experienced a massive transformation with an innovative approach with a human face.
The Central Bank of Nigeria (CBN) has adjusted the Customs Exchange Rate for cargo clearance following the naira's appreciation in the FX market.
Economy
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