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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Highlights from Nigeria’s Q4 trade data as exports rise above imports
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CBN crashes dollar with $29 million intervention in FX market
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Lab-grown diamonds robbing southern Africa of riches
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Naira gains N37, experts warn dollar hoarders of big losses
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Trump says ordering '100% tariff' on all movies produced abroad
US President Donald Trump said Sunday he was ordering new tariffs on all films made outside the United States, claiming Hollywood was being "devastated" by a trend of US filmmakers and studios working abroad. Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States," Trump wrote Sunday.
'Bombshell' OPEC+ output hike hits oil price
Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed. The output increase of 411,000 barrels a day announced by Saudi Arabia, Russia and six other members of the oil cartel on Saturday added to concerns about over-supply.
Trump says 'I don't know' if must uphold US Constitution as president
US President Donald Trump said in remarks airing Sunday that he does not know whether he must uphold the US Constitution, the nation's founding legal document. Pressed on whether he believes he needs to uphold the supreme law of the land, Trump repeated: "I don't know."
CBN records N13.9 trillion loss as Nigeria’s foreign exchange reserves decline
The Central Bank of Nigeria (CBN) has incurred a loss of N9 billion, about N13.9 trillion, as it tries to save the Nigerian currency, the naira in 2024.
CBN adjusts Customs exchange rates to clear goods as naira records highest weekly fall
The Central Bank of Nigeria (CBN) has pegged the Customs exchange rate for cargo clearance at N1,601 to the dollar, due to the naira's depreciation at N1,606.
Dangote, BUA, Lafarge record N1.53trn revenue amid high cement demand, forex stability
Dangote cement, BUA cement and Lafarge cement started 2025 with a strong performance, posting a total revenue of N1.53 trillion in the first quarter (Q1).
US Fed expected to pause cuts again and wait for clarity on tariffs
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world's largest economy.
Mozart chocolate row leaves bitter taste in Austria
At a small high-end confectionery in Vienna, chefs put the finishing touches to one of Austria's signature souvenirs: Mozart chocolate balls filled with marzipan, pistachio, and rich almond and hazelnut nougat.
US solar tariffs could drive Asia transition boom
Massive planned US duties on solar panels made in Southeast Asia could be a chance for the region to ramp up its own long-stalled energy transition, experts say. Earlier this month, Washington announced plans for hefty duties on solar panels made in Cambodia, Vietnam, Thailand and Malaysia.
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