The Nigerian government has phased out the previous personal income tax laws, introducing a new rent-based deduction capped at N500,000 for tenants.
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Big win for naira: CBN reveals $8.6bn FX turnover as dollar inflows surge, reserves hit new high
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Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
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Finally, relief for naira: Nigeria’s reserves hit 5-year high amid global uncertainty
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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Prices of rice, tomatoes, other food items soars as retailers struggle with unpredictable costs
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Asian stocks mostly up after US tech rally
Asian stocks were mostly higher on Tuesday after a tech rally on Wall Street, but their gains remained modest in thin Christmas Eve trade. US "stocks didn't really have any direction in the morning, then we got this tech rally that just sort of drifted higher all day," said Steve Sosnick of Interactive Brokers.
US panel could not reach consensus on US-Japan steel deal: Nippon
A US government panel failed to reach a consensus on whether US Steel's acquisition by Nippon Steel threatens Washington's national security, shifting the decision to the White House, the Japanese company said late Monday.
Five things to know about Panama Canal, in Trump's sights
US President-elect Donald Trump has threatened to demand control of the Panama Canal be returned to Washington, complaining of "unfair" treatment of American ships and hinting at China's growing influence.
Trump's TikTok love raises stakes in battle over app's fate
President-elect Donald Trump's repeated support for TikTok has sparked speculation about potential solutions to prevent the app's impending ban in the United States, though the path forward remains unclear. Even with Trump's decisive election victory and incoming Republican-led Congress, acquiescing to the president-elect's desire and preventing the ban faces significant hurdles.
Volkswagen boss hails cost-cutting deal but shares fall
Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to close factories, but the car giant's shares fell heavily on Monday. Even without shuttering factories, Blume said the agreement would lead to a reduction in production capacity of around 730,000 vehicles a year.
US probes China chip industry on 'anticompetitive' concerns
The United States said Monday it is opening an investigation into China's policies for its semiconductor industry, over concerns that Beijing is turning to "extensive anticompetitive and non-market means" to undermine other economies.
Year in review: How naira crash affected local, Foreign Companies in Nigeria in 2024
The naira crash and devaluation dealt a devastating blow to local and foreign companies operating in Nigeria in 2024, with most companies shutting down.
"No one will buy from you”: oil marketers urge members to reduce fuel prices ahead of Christmas, New Year
IPMAN has urged its members to reduce their pump price to reflect the price reduction from Dangote. IPMAN says no fuel queues or scarcity expected this yuletide.
FG's 50% discounted trips from Lagos, Abuja to other locations to commence on Christmas eve
The FG-sponsored discounted road trips, earlier billed to start on December 20, may now commence on December 24 running from Lagos and FCT to other locations.
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