On Sunday, December 14, 2025, Governor Francis Nwifuru announced a Christmas bonus of ₦150,000 to every workers in the civil service of Ebonyi state.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
Asian equities surged Monday as investors cheered a breakthrough in US-China trade talks that set the stage for leaders Donald Trump and Xi Jinping to finalise a deal, averting an escalation in the world's biggest trade dispute. Futures for US copper surged on the trade deal optimism, bolstering the outlook for global demand.
Brazil's President Luiz Inacio Lula da Silva said Monday a trade deal with the United States could happen within days, possibly easing punitive tariffs after months of animosity. Lula met President Donald Trump at an Association of Southeast Asian Nations (ASEAN) summit on Sunday, after urging the US leader earlier this month to lift punitive 50 percent trade tariffs.
The European Central Bank is expected to hold interest rates steady this week for its third straight meeting, with inflation under control and the long-struggling eurozone economy looking healthier. The eurozone economy has long been treading water, dragged down in particular by a poor performance in Germany, with growth rates lagging far behind those of China and the United States.
President Bola Tinubu-led federal government in the last one week announced three paid opportunities for Nigerian youths and entrepreneurs. Full list published.
Australia's competition watchdog accused Microsoft on Monday of misleading people into paying for its AI assistant Copilot. But there was a partly hidden third option -- visible only when people started to cancel -- of sticking to existing "Classic" plans without Copilot for the original price, the Australian Competition and Consumer Commission said in a statement.
Swiss pharmaceutical giant Novartis announced Sunday it had agreed to buy Avidity Biosciences, with the San Diego-based biopharmaceutical company being valued at $12 billion. Novartis, based in Basel in northern Switzerland, announced in April that it planned to invest $23 billion in the United States over five years. rjm/jj
The Network for Fiscal Transparency and Development (NFTD), has praised the Director-General of the Budget Office, Tanimu Yakubu for his transparency.
US Treasury Secretary Scott Bessent on Sunday signalled a tentative deal with China to de-escalate their damaging, tariff-fueled trade war -- just days before a summit between Presidents Donald Trump and Xi Jinping. Bessent said he expected the two leaders to formally announce the deal at their summit.
Nigeria's Dangote oil refinery, already the largest in Africa, aims to become the biggest in the world in three years' time with an expansion doubling its capacity, its owner said on Sunday. "This expansion reflects our confidence in Nigeria's future, our belief in Africa's potential and our commitment to building energy independence for our continent," Dangote said.
Economy
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