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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Naira gains N37, experts warn dollar hoarders of big losses
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
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Naira rally narrows FX gap to just N10 as CBN targets $1bn monthly remittances
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Naira hits highest level in months at N1,497 per dollar, black market rates appreciate
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Vietnam's young coffee entrepreneurs brew up a revolution
Ditching a lucrative career in finance, Vu Dinh Tu opened a coffee shop without telling his parents and joined a wave of young Vietnamese entrepreneurs using espressos to challenge family expectations around work.
Dangote, BUA, Lafarge smile to the bank as cement sales boom amid skyrocketing prices
The Nigerian cement market has shown remarkable growth in sales, even in the face of soaring prices as Dangote Cement, BUA Cement and Lafarge count their profits.
US trade chief defends tariff hikes when paired with investment
US Trade Representative Katherine Tai defended stiff tariff hikes against countries like China, arguing that paired with investment, they were a "legitimate and constructive" tool for re-invigorating domestic industries.
EU court blocks French ban on vegetable 'steak' labelling
A European court on Friday overturned a French government ban on makers of plant-based meats calling their products "steak" or "sausage", which Paris had imposed to protect livestock farmers. "This is a very welcome victory," said La Vie, a French maker of plant-based meats.
US dockworkers return to ports after three-day strike
Thousands of dockworkers returned to work Friday, the day after a longshoremen's union reached a preliminary deal with shippers, ending a three-day strike weeks before the US presidential election.
Irish regulator to probe Ryanair use of facial recognition
Ireland's data watchdog said Friday it will probe whether budget airline Ryanair's use of facial recognition to check the identity of customers booking through third-party websites violates EU privacy laws.
US hiring soars past expectations in sign of resilient market
Hiring in the United States picked up significantly more than expected in September while the jobless rate crept lower, according to government data released Friday, offering relief to policymakers ahead of November's election.
UK's Starmer hails 'landmark' carbon capture funding
Prime Minister Keir Starmer on Friday said planned government investments of nearly £22 billion ($28.8 billion) in the capture and storage of carbon emissions marked a "landmark week" for Britain. "It is a landmark week in our national story, because this week we saw the end of coal, the power that built this country for many years," Starmer said, speaking in Chester, near Liverpool.
As EU targets Chinese cars, European rivals sputter
As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear. Weaker demand for their cars in China, whose economy is slowing, and growing competition from cheaper Chinese EVs elsewhere are among the main drags on European automakers, which employ 2.4 million people.
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