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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Highlights from Nigeria’s Q4 trade data as exports rise above imports
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Naira gains N37, experts warn dollar hoarders of big losses
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Lab-grown diamonds robbing southern Africa of riches
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CBN crashes dollar with $29 million intervention in FX market
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Trump's meme coin venture sparks backlash
Cryptocurrencies launched by Donald and Melania Trump have angered some digital currency advocates and sparked fresh allegations of leveraging the presidency for profit. Melania Trump launched an $Melania coin the night before her husband was inaugurated as US president on Monday.
TUC asks FG to increase tax exemption threshold to N2.5 million, speaks on VAT increment
The TUC leadership requested the tax committee to increase the threshold for tax exemption, and also joined voice with the governors on the VAT issues.
Good news as FG shares plan for Nigeria to begin manufacturing aircraft
The Federal Government plans to establish an aircraft manufacturing company in Nigeria, according to Festus Keyamo, Minister of Aviation and Aerospace Development.
Nigeria’s public debt skyrockets to N142 trillion Amid Tinubu’s new borrowings
Nigeria's total debt profile has skyrocketed to N142.3 trillion following borrowings from the World Bank, the IMF and other external creditors in 2024.
Prince Harry settles lawsuit against Murdoch's UK tabloids
Prince Harry settled on Wednesday a hotly-disputed lawsuit against Rupert Murdoch's UK tabloid publisher, which apologised for hacking the British royal's phone and agreed to pay him "substantial damages".
Access, Zenith, other Nigerian banks begin sale of dollars to Nigerians as naira falls slightly
Nigerian banks have re-kickstarted the sale of foreign exchange for Personal Travel Allowance and Business Travel (BTA) to customers amid improved FX liquidity.
Sudan 'political' banknote switch causes cash crunch
Sudan's army-aligned government has issued new banknotes in areas it controls, reportedly aimed at undermining its paramilitary rivals but causing long queues at banks, disrupting trade and entrenching division. In RSF-held areas, civilians could become further isolated economically, struggling to trade with regions under army control.
Masa Son, Trump's Japanese buddy with the Midas Touch
Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push, is the son of an immigrant pig farmer with a spectacular but also sketchy investment record. The aim is to build infrastructure to develop AI with an initial $100 billion and reaching $500 billion during Trump's second term, Son said.
Lesotho's king pitches green energy to Davos elites
Lesotho's King Letsie III has embarked on an ambitious mission in snowy Davos, where global powerbrokers have converged, to make a royal pitch: invest in his small African nation's green transition.
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