Justice James Omotosho has begged the IPOB leader, Mazi Nnamdi Kanu, “in the name of God Almighty, to consult properly” before proceeding to defend himself.
The Nigerian government has phased out the previous personal income tax laws, introducing a new rent-based deduction capped at N500,000 for tenants.
The announcement is meant to inform air travellers that the Terminal 1 at the Murtala Mohammed International Airport Lagos is scheduled for a phased renovation.
The Reps committee on Customs and Excise noted that the constitution only backs one levy - the 4% Free-On Board levy, and declared the others illegal.
The naira remains stable at N1,548.52 following the CBN’s $86.6m intervention, with the gap between official and parallel market rates continuing to widen.
US Federal Reserve Chair Jerome Powell will tell Congress Tuesday that the central bank can afford to wait for the impact of tariffs before deciding on further interest rate cuts -- despite President Donald Trump's calls to do so.
European lawmakers pushed on Tuesday to ban airlines from charging passengers for small carry-on luggage in a move strongly opposed by the aviation sector. Many low-cost air carriers include only one small on-board item in the ticket, charging extra for other hand baggage.
In 2025, Nigeria reports N6.9 trillion in revenue for the first 4 months, fueled by fiscal reforms and efforts to grow the economy. The FG has shared a strategy.
Germany's government pledged Tuesday to make massive new investments by taking on record debt as it presented its budget plans with the aim of reviving the economy and building up the military. "Our primary goal is to boost the economy, to secure jobs in our country and to create new ones," said Finance Minister Lars Klingbeil, presenting the budget plans.
French anti-fraud authorities said on Tuesday they have ordered US electric car giant Tesla's local subsidiary to stop "deceptive commercial practices" after an investigation found several violations harmful to consumers and contrary to law.
Oil prices sank 3.5 percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran. At around 0830 GMT on Tuesday, Brent was down 3.5 percent at $69.00 per barrel, while the main US crude contract WTI was 3.5 percent lower at $66.10 per barrel.
Economy
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