Mohammed Badaru and four other ministers and appointees of President Bola Ahmed Tinubu have resigned. The full list of exits from his administration has emerged.
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified the government's position on TINs on bank accounts.
To mitigate incidence of mortality among firefighters in active service, the Federal Airports Authority of Nigeria (FAAN) has mandated annual fitness tests.
Swiss mining and commodity trading giant Glencore said Wednesday it was considering shifting its stock listing from London after it stumbled into a net loss last year on falling coal prices and writing down the value of assets. - Coal business take a lump - The company earlier Wednesday reported $1.6 billion net loss for 2024 compared to a net profit of nearly $4.3 billion the previous year.
British military equipment maker BAE Systems on Wednesday announced a five percent rise in annual net profit, boosted by government defence spending amid the war in Ukraine. The results came in a week when shares in European defence companies rallied as European leaders gathered in Paris on Monday to discuss the war in Ukraine amid talk of greater defence spending.
Swiss mining and commodity trading giant Glencore said Wednesday that falling coal prices and writedowns to the value of its assets pushed it into a net loss for 2024. The $1.6 billion net loss for fiscal year 2024 compared to a net profit of nearly $4.3 billion the previous year, the company said in a statement.
The Federal Inland Revenue Service (FIRS) has commenced a stakeholders' consultation on its planned pilot phase roll-out of e-invoicing solution nationwide.
President of the Africa Finance Corporation (AFC), Samaila Zubairu has called on leaders across Africa to address food production in the continent.
Tech giant Google has paid 326 million euros to Italy following an investigation into alleged unpaid taxes, Milan prosecutors said Wednesday, as they recommended criminal proceedings be dropped.
US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors. Asked about threatened tariffs on pharmaceuticals and chips, Trump said: "It'll be 25 percent and higher, and it'll go very substantially higher over (the) course of a year."
Britain's annual inflation rate rose more than expected last month, official data showed Wednesday, adding pressure to the Labour government which is also facing sluggish economic growth. The reading is a blow to Prime Minister Keir Starmer's centre-left government as it tries to tackle the dual pressures of rising prices and slow economic growth.
Economy
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