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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Lab-grown diamonds robbing southern Africa of riches
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US Fed poised for first rate cut of 2025 as political tension mounts
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Naira gains N37, experts warn dollar hoarders of big losses
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Automakers hold their breath on Trump's erratic US tariffs
US President Donald Trump's aggressive but fast-changing trade policy has foisted difficult questions on carmakers that they have not yet been forced to answer. Parker, who quipped that US tariff policy might have changed since he last checked his phone, described the company's strategy as "quite simple."
CBN sells $150 million to authorised dealers at N1,593, N1,623 amid naira’s crash
The Central Bank of Nigeria (CBN) has injected an additional $150 million into the foreign exchange market as the naira crashed to N1,604 per dollar.
“Accessible and affordable”, FG rolls out funding for SMEs, announces date
Amid high lending rates, the Nigerian government is set to launch a de-risking fund in May 2025 to help micro, small, and medium entreprises (MSMEs) access funding.
China's forecast-beating growth belies storm clouds ahead: analysts
Forecast-beating growth in China's first quarter may have offered Beijing's economic planners some much needed good news -- but analysts warn they should strap in for tariff-induced woes further down the line. A top economic planner also stressed that more "proactive and effective macro policies" would be needed to boost growth.
Heineken beer sales dip, tariffs add to uncertainty
Heineken said Wednesday its beer sales were down in the first quarter but kept profit forecasts for the year unchanged despite noting increased uncertainty from tariffs. "Additionally, there are broader uncertainties, including recent tariff adjustments and potential increases, as we go forward," added Heineken.
Dutch flower industry grasps thorny pesticide issue
As Margriet Mantingh gazes at flowers stretching as far as the eye can see at the world's biggest flower market near Amsterdam, all she sees is a huge bouquet of pesticides. At Aalsmeer, near the Dutch capital, dozens of staff on electric scooters weave through the world's biggest flower market.
Solar boom counters power shortages in Niger
Solar panels like the ones on the roof of Elhadj Abdou's house are an increasingly common sight in Niger's capital, which is often hit by power cuts. "There are no more power cuts here and there are no bills to pay, everything works on solar energy," said Abdou, who lives in Niamey's Lazaret neighbourhood.
Mackerel and missiles: EU-UK defence deal snags on fish
Cod and herring are normally more likely to be on the dinner menu than the negotiating table at European security talks. But captained by France, some EU countries are pushing to link the opening of defence talks to successful negotiations in other areas, with fishing a major sticking point.
ASML CEO sees 'increased macro uncertainty' from tariffs
The head of ASML said on Wednesday there was "increased macro uncertainty" due to tariffs but the Dutch tech giant kept its sales forecasts for this year unchanged. "However, the recent tariff announcements have increased uncertainty in the macro environment and the situation will remain dynamic for a while," he added.
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