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).
Most Asian markets rose Monday, tracking gains on Wall Street, following US inflation figures that met expectations and soothed concerns about Donald Trump's latest tariff salvo. Still, investors in most markets were in a positive mood, building on Wall Street's gains.
Australian telecommunications giant Optus said Monday it had suffered a network outage that prevented calls to emergency services, just over a week after a similar interruption of service linked to four deaths. The outage prevented calls to emergency services, with four deaths now linked to the outage.
Hollywood stars Cate Blanchett, Glenn Close and Richard Gere turned out Sunday for the Giorgio Armani show in Milan, the final collection the Italian designer worked on before his death. "This collection, the last Giorgio Armani worked on personally, is in some ways a testament to style and the close of a cycle, so that new ones may begin," the group said.
Experts have hailed the newly introduced $300 duty-free threshold for online shoppers and luggage at Nigerian ports by the Nigeria Customs Service (NIS).
The main shows at Milan Fashion Week wrap up Sunday after another season of knock-out dresses, immaculate tailoring, leather coats and glorious handbags. At Tod's, oversized striped shirts were laid over leather minis, while there were more stripes, diagonal this time, on draped dresses and matching handbags in warm, natural tones.
The Central Bank of Nigeria (CBN) has injected $70 million into the foreign exchange market to boost the naira's value against the dollar and other currencies.
US President Donald Trump called on Microsoft on Friday to fire its head of global affairs, Lisa Monaco, a former senior official in Democratic administrations. "Monaco has been shockingly hired as the President of Global Affairs for Microsoft, in a very senior role with access to Highly Sensitive Information," he wrote.
President Donald Trump insists he has found a solution to keep TikTok alive in the United States through a group of investors who will buy the short-video app from its Chinese owners in accordance with US law. - Any sale of TikTok's US operations would require Chinese owner ByteDance to divest.
Moored off a Manhattan pier for New York's annual Climate Week is one of the world's first ammonia-powered vessels -- a green flagship for an Australian tycoon's drive to decarbonize his mining empire. The Green Pioneer is meant to be the first in a fleet of ammonia-powered ships.
Economy
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