The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
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Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
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Analysts predict naira to appreciate to N1,400/$ before December as inflation drops, reserves rise
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Access, Zenith, UBA, other banks, dealers sell dollar at new rate as USD shortage emerges
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Expert explains economic, investment implications of Tinubu’s presidential pardon
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Cargo plane skids off Hong Kong runway, kills two
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Lagos govt launches new tourism initiative to boost state’s GDP
The Lagos State government has launched a new initiative to attract Nigerians from the diaspora and lovers of Lagos to boost the state's Gross Domestic Product.
EU rules don't prohibit Musk's German far-right chat on X
Elon Musk's controversial plan for a live chat with a German extreme-right leader on X this week is allowed under European Union laws but will be scrutinised for potential violations of electoral interference rules, Brussels said on Monday. The EU's digital spokesperson said a live discussion on X was not a violation of EU rules and insisted the DSA did not "censor any type of content".
Mass layoff: Sacked staff drag CBN to court, make serious demand
Sacked CBN staff in the 2024 mass layoff have sued the bank, demanding reinstatement and payment of benefits and arrears to date. They also want compensation.
Access, Zenith, UBA, others borrow N131.42 trillion from CBN in 2024 over cash scarcity
The Central Bank of Nigeria (CBN) has revealed that commercial and merchant banks' borrowing rose by 636.6% in 2024 to N131/42 trillion in the past year.
Kenya Airways shares trade again after four-year hiatus
Trading in shares of Kenya's national carrier, Kenya Airways, has resumed after being suspended for more than four years, the Nairobi stock exchange said Monday. "Notice is hereby given of the lifting of the suspension... effective January 5, 2025," the Nairobi Securities Exchange said in a statement.
All incomes will be taxed no matter the source, says Tinubu's tax committee
Under the proposed tax reform, all income will come into the tax net regardless of source. This includes income from illegitimate sources and side gigs.
BUA Refinery: Management clarifies 90% completion reports, makes promises
BUA Refinery has dismissed reports that its project is now 90% completed and has promised Nigerians that it plans to deliver on the project soon.
Japan PM says blocked US Steel deal could hit investments
Japan's prime minister on Monday urged Washington to dispel concerns that a decision by Joe Biden to block Nippon Steel's takeover of US Steel could impact future investments. Prime Minister Shigeru Ishiba said the veteran Democrat's decision had sparked worries over future Japanese investments in the world's largest economy.
UK releases new salary requirements for skilled worker visas
The United Kingdom government has increased the minimum salary requirement for those wishing to apply for a skilled work visa from January 1, 2025.
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