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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Highlights from Nigeria’s Q4 trade data as exports rise above imports
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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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'A man of steel': Analyst hails Zacch Adedeji's impact on approval of tax bills
A tax expert, Atoyebi Arabirin Aderonke, has outlined the immense contribution of the Federal Inland Revenue Service Chairman, Zacch Adedeji, to tax bills.
Boost for naira as CBN records $6 billion external reserves growth
The Central Bank of Nigeria (CBN) has disclosed that Nigeria's external reserves grew by $6 billion in 2024, driven by the bank's robust policy changes.
Oyedele highlights key benefits of GDP rebasing to Nigeria's economy
Chairman of Tax committee, Taiwo Oyedele has listed out several benefits Nigeria stands to gain from rebasing GDP. He says it sends strong signal to investors
Trump, Xi speak by phone, vow improved ties despite threats
Donald Trump and Chinese President Xi Jinping spoke by phone on Friday, days before the incoming US president returns to the White House, with both leaders vowing to take a positive approach to improving ties between the rival countries.
US Supreme Court upholds law banning TikTok
The US Supreme Court on Friday upheld a law that will ban TikTok in the United States, potentially denying the video-sharing app to 170 million users in two days. The Supreme Court last week heard arguments from the company, ByteDance, that the law should be stopped because it was a violation of free speech.
IMF raises global growth outlook and flags rising economic divergence
Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries. The Fund left its outlook for growth in Japan unchanged this year and next, and slightly increased its outlook for the United Kingdom in 2025.
Trump's economic plans could cause inflation: IMF chief economist
Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House. Other proposals the president-elect has floated, such as cutting red tape and taxes, could also fuel inflation by boosting demand, he added.
Bootleg liquor deaths revive debate on Turkey alcohol tax
With 33 dead in four days and 29 in intensive care after drinking bootleg liquor in Istanbul, the politically-charged debate over Turkey's soaring alcohol taxes has swung back into the spotlight. Last year, 48 people died in Istanbul after drinking tainted alcohol, the governor's office said.
'No money': gloom on Beijing streets as economic growth slows
Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing back -- the mood was grim in Beijing as China posted some of its lowest growth in decades. "For us who do business, it's obvious that there are much fewer customers coming to our store, and customers' consumption levels don't compare to before," Yang said.
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