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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New exchange rate: CBN crashes dollar as naira appreciates to N1,506 in official window
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Auditor General accuses CBN of misusing N2.7 trillion Ways And Means interests
The Nigerian government, via the Office of the Auditor General, has accused the Central Bank of Nigeria (CBN) of misusing N1.7 trillion Ways and Means interests.
Indian workers replace Palestinians in Israel's building sector
Wearing a safety belt, helmet and work boots, Raju Nishad navigates the scaffolding, hammering blocks that will form part of a building in a new neighbourhood in central Israel's town of Beer Yaakov. While he and other Indians working alongside him do not look out of place on the expansive construction site, they are relative newcomers to Israel's building industry.
Asia stocks mostly down after Wall St losses
Asia stocks mostly fell in thin holiday trade on Monday after tech losses killed off the traditional year-end lift on Wall Street at the end of last week. "As US stock markets concluded with a downturn on Friday, Asia-Pacific markets are bracing for a slippery penultimate trading day of 2024," said Stephen Innes at SPI Asset Management.
Cement: Skyrocketing prices of building materials put homeownership out of reach for many Nigerians
The cost of building supplies particularly cement and iron rods, sometimes referred to as reinforcement, increased by more than 100 percent in the past 12 months.
Some Americans in Panama reject Trump's canal threat
For dozens of US tourists watching a cargo ship pass along the Panama Canal, Donald Trump's threat to possibly wrest back control of the waterway is nonsensical. None of those interviewed backed President-elect Trump in his repeated threats that he could seize control of the canal after he returns to the White House next month.
“No More N80k/50kg”: Sellers quote rice at new price as cost Jollof doubles in 2024
A recent survey shows that the price of preparing jollof rice more than doubled, as the price of a 50-kilogram bag of rice increased eight percent in 2024.
Experts predict new exchange for the naira in 2025 as dollar crashes in official window
A report by Afrinvest, a Lagos-based investment firm, said that the naira would depreciate to N1,800 per dollar in the coming year despite the rise in FX reserves.
Trump sides with Musk in right-wing row over worker visas
Donald Trump weighed in Saturday in a bitter debate dividing his traditional supporters and tech barrons like Elon Musk, saying that he backs a special visa program that helps highly skilled workers enter the country.
Political turmoil shakes South Korea's economy
After South Korea's president and his replacement were both deposed over a failed bid to impose martial law, deepening political turmoil is threatening the country's currency and shaking confidence in its economy. Choi has pledged to do all he can to end "this period of turmoil" and resolve the political crisis gripping the country.
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