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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Naira gains N37, experts warn dollar hoarders of big losses
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US Fed poised for first rate cut of 2025 as political tension mounts
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Amazon to launch first batch of satellites rivaling Musk
The US retail giant Amazon is preparing to launch Wednesday its first full batch of Project Kuiper satellites, marking a crucial milestone in the battle with Elon Musk's Starlink to provide high-speed internet. With this launch, Amazon is going into direct competition with SpaceX's Starlink and other satellite internet providers.
Who stands in the crosshairs of Trump's tariffs?
With sweeping tariffs targeting key US trading partners, President Donald Trump sent the world economy into a tailspin Wednesday before backing down hours later -- with a 90-day reprieve for all but China. Here is a rundown of what tariffs Trump has implemented in his second presidency, as a trade fight between Washington and Beijing again heats up.
Strength in numbers: Latin America urges unity in face of Trump tariffs
Latin American leaders on Wednesday urged a united front to tackle US President Donald Trump's tariff onslaught and the economic uncertainty it has brought. Trump's tariffs on imports of non-US products, some of them suspended and altered numerous times, threaten economic disruption for CELAC economies.
Tariff war could cut US-China goods trade by 80 percent: WTO chief
The World Trade Organization chief said Wednesday the US-China tariff war could reduce trade in goods between the two economic giants by 80 percent, pulling down the rest of the world economy. President Donald Trump raised tariffs on China to 125 percent on Wednesday as the world's two largest economies fought over retaliatory levies.
Argentina braces for 24-hour strike as it awaits news on IMF loan
Argentina is bracing for fresh austerity protests Wednesday, with a 24-hour general strike slated to start at midnight against President Javier Milei, who remains focused on Washington and a new IMF loan. Thursday's labor action will be the third general strike in budget-slashing Milei's 16-month-old presidency, and was called by unions to protest his brand of "chainsaw" austerity.
Volkswagen says first-quarter profits impacted by Trump tariffs
German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President Donald Trump had dragged down its first quarter operating profit. Trump last month announced a 25-percent tariff on autos imported to the United States, which is the number one destination for German car exports.
“We have commenced”, NDIC announces plans to reimburse Heritage Bank depositors
Heritage Bank’s operating license was revoked in June 2024, and the Nigeria Deposit Insurance Corporation took over its assets to liquidate and settle depositors.
NIMC arrests individuals for allegedly buying NIN amid discoveries of over 6,000 illegal NIN holders
The arrests were made in a South-eastern state in Nigeria, after the commission received a tip-off about the unauthorised buying of NIN from the public.
Trump tells US to 'be cool' as China, EU strike back
US President Donald Trump brushed off global market panic Wednesday after China and the European Union announced retaliatory tariffs, telling Americans to stay "cool" despite his spiraling trade war.
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