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
Economy Latest News
Asian stocks rise on electronics tariffs exemption, gold hits new high
Asian stocks rose Monday as trade war fears were tempered by Donald Trump's announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold hit a fresh record amid fears the relief would be short-lived.
Xi warns protectionism 'leads nowhere' as starts SE Asia tour
Chinese leader Xi Jinping warned Monday that protectionism "leads nowhere" and that a trade war would have "no winners", state media said, as he was due to kick off a tour of Southeast Asia with a visit to Vietnam. He also reiterated Beijing's line that a "trade war and tariff war will produce no winner, and protectionism will lead nowhere", the agency added.
Trump downplays tariffs walk-back, says no country 'off the hook'
US President Donald Trump warned Sunday that no country would be getting "off the hook" on tariffs despite a 90-day reprieve on some levies, while also downplaying exemptions for Chinese technology.
Trump advisor Navarro looks to cool spat with Musk
Donald Trump's trade advisor Peter Navarro on Sunday insisted that "everything's fine with Elon" Musk, after the Tesla chief called him a "moron." Everything's fine with Elon," Navarro told broadcaster NBC on Sunday.
CBN refuses to adjust FX rates for cargo clearance despite naira’s gain in all markets
The Central Bank of Nigeria (CBN) has not yet adjusted the Customs FX rate for cargo clearance for the second day, despite the naira's appreciation.
China calls on US to 'completely cancel' reciprocal tariffs
China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment. Beijing's commerce ministry on Sunday called the exemptions a "small step" by Washington and said that China was "evaluating the impact" of the decision.
Nigeria’s debt to countries rises by over $133m, China remains top lender
Nigeria continues to borrow to meet its budgetary demands, and now, public debt is at its highest level, with loans from external sources contributing 43 percent.
Bulgarian border city hails Schengen tourism boom
There always used to be a long line of traffic waiting to cross the steel truss Danube Bridge over the river between Giurgiu in Romania and the Bulgarian city of Rousse on the other side. On weekends, a long line of cars with mostly Romanian registration plates crosses the border bridge towards the Bulgarian commercial hub, bringing with them tourists who boost the local economy.
Indonesia palm oil firms eye new markets as US trade war casts shadow
Indonesia palm oil firms eye new markets as US trade war casts shadow
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