A tax expert, Aderonke Atoyebi, has debunked the widespread misconception regarding the newly introduced Tax Identification, describing the rumours as dangerous.
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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CBN crashes dollar with $29 million intervention in FX market
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Naira gains N37, experts warn dollar hoarders of big losses
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Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
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Naira hits highest level in months at N1,497 per dollar, black market rates appreciate
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Perrier ordered to remove water filters
Regional French authorities ordered Nestle on Wednesday to remove a system that filters Perrier and to renew its authorisation to call it natural mineral water, marking the latest turn in a saga that has ensnared the government. But having to remove the filtering system within two months and obtain reauthorisation to call Perrier natural mineral water was another blow for its owner Nestle Waters.
US safety officials slow operations at Newark airport after outage
Regulators said Wednesday they have been slowing arrivals and departures at one of the United States' busiest airports following a 90-second traffic control system outage last week that has industry experts sounding alarm bells.
CBN releases new exchange rate as naira hits lowest in three weeks
The Nigerian currency, the naira, has continued its downward spiral against the dollar, depreciating to N1,612 as of Wednesday, May 7, 2025, amid slow FX inflows,
Alphabet's share price plunges on traffic drop testimony
Shares in Google parent Alphabet plunged more than seven percent on Wednesday after an Apple executive told a federal court that the search engine's traffic fell on Apple products last month. Cue told the court this would have a significant impact on Apple's ability to invest in new products and services. arp/dw
South Africa launches reform of derelict municipalities
South African President Cyril Ramaphosa unveiled Wednesday a plan to revive South Africa's flagging local governments, weeks after publicly criticising the state of the financial capital Johannesburg as it prepares to host the G20 summit in November.
EU trade chief says accelerating free trade talks with Asia
The European Union is accelerating free trade talks with Asia following hefty tariffs by US President Donald Trump, the bloc's trade chief said Wednesday. He was speaking in Singapore after signing a digital trade agreement between the EU and the city-state on Wednesday.
Sheinbaum says Mexico will defend free trade deal with US, Canada
Mexico will fight to keep its free trade agreement with the United States and Canada in the face of President Donald Trump's trade war, Mexican President Claudia Sheinbaum said Wednesday. The United States-Mexico-Canada Agreement (USMCA) replaced the previous NAFTA accord in July 2020, after Trump successfully pushed for a renegotiation during his first term in office.
Gas supply set to increase in Nigerian markets following Seplat’s deal with NLNG
After months of battling gas supply problems, Nigeria's number one gas supplier, NLNG, has entered a deal with Seplat that has the potential to change the situation.
Forex inflow to Nigeria declines as naira trades at new rates in all markets
Foreign exchange inflows into the Nigerian forex market dropped significantly in April following the ongoing global tariff war and falling crude oil prices.
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