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
Hope sparkles anew for India's jewellers after US tariff pause
India's gems and jewellery industry is breathing a momentary sigh of relief after US President Donald Trump paused harsh tariffs that threatened to hit lucrative exports and tens of thousands of jobs. While Trump's pause has brought relief, India's exporters are keenly aware they could be in the same position in July.
FG moves to clamp down on clothing imports, targets $4 billion from textile manufacturing
The local cotton, textile and garment sector is about to get a major funding boost as the federal government is partnering with Bank of Industry to make it happen.
AGOA: US-Africa trade accord hangs in the balance
The African Growth and Opportunity Act (AGOA), whose future is in doubt since Donald Trump returned to the White House, provides duty-free access to the United States for certain African products.
“Use it or lose it”, NCC issues fresh guidelines to MTN, Airtel, others on unused subscriber airtime
As the customers line gets deactivated or churned after one year of no activity, NCC is extending further room for subscribers to claim unused airtime.
Naira gains against dollar as CBN reports highest remittance inflows in 5 years
The naira rebounded against the US dollar in the official foreign exchange market on Thursday, April 10, 2025, closing at N1,634.500 from N1,644 per dollar.
UK's unexpected economic rebound boosts govt amid Trump tariffs
Britain's economy grew far more than expected in February, official data showed Friday, in a rare piece of good news for the Labour government as it grapples with unpredictable US tariffs. But Friday's figures exceeded economists' expectations of a much smaller 0.1 percent increase in GDP in February.
Apple’s iPhone 16 hits Indonesia stores after monthslong ban
Smartphone buyers were cheered by shopkeepers in Jakarta on Friday after Apple's latest smartphone went on sale following a monthslong ban in Indonesia. Indonesia has also banned the sale of Google Pixel phones for failing to meet the 40 percent local parts requirement. mrc/ebe/tc
5 countries Nigerians can visit on a budget as the naira is stronger
As the naira contrinues to strenghten, here are top five countries Nigerians could visit. The naira is stronger than the local currencies, and one can get a lot.
Sweden drowns in discarded fast fashion items
Sweden's recycling centres are overflowing with clothes after an EU-wide ban this year on throwing away textiles, leaving overwhelmed municipalities eager to have fast fashion giants take responsibility.
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