President Bola Ahmed Tinubu has asked the National Assembly to summon the inspector general of police (IGP), Kayode Egbetokun. Legit.ng has the details.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
Rapidly deteriorating relations between India and Pakistan over a deadly shooting in Kashmir are starting to have small but prickly economic consequences for both nations. - Third country trade - But analysts say Pakistan's decision to halt trade is unlikely to have a major impact, as regular diplomatic flare-ups between the two nations over decades have prevented close economic ties.
Developing countries should strike swift trade deals with the United States at the "earliest possible" opportunity, the president of the World Bank told AFP Friday, after a busy week with global financial leaders in Washington.
A gathering of global economic leaders in Washington wraps up Saturday with tariff talks between the United States and partners still unresolved -- and anxiety building over the state of the global economy.
The head of the International Monetary Fund said Friday that financial leaders meeting in Washington this week had shown a "remarkably constructive spirit," despite the uncertainty from Donald Trump's tariff plans.
German prosecutors asked for jail sentences Friday in the trial of four former Volkswagen managers accused of fraud in the "dieselgate" emissions-cheating scandal.
The tribunal gives WhatsApp and Meta 60 days period to comply with all of its directives and pay the fines. They must also make major changes to data practices.
The United States and European Union need to "de-escalate" and "negotiate a deal" to help boost lackluster growth on the continent, the International Monetary Fund's Europe director said Friday. "An effort needs to be made to de-escalate and to negotiate a deal," he said, adding he hoped the negotiations would be successful.
A Dutch court Friday ordered a local concrete block mould manufacturer to scrap the word "Lego" on its website, saying using one of the world's most famous trademarks gave it an "unfair advantage". On Friday, "the judge ruled that Betonblock is taking unfair advantage of the use of the word 'Lego'," The Hague District Court said.
The World Bank has provided insight into the state of Nigerians amid various economic reforms embarked upon by the administration of President Bola Tinubu.
Economy
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