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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Lab-grown diamonds robbing southern Africa of riches
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Naira gains N37, experts warn dollar hoarders of big losses
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US Fed poised for first rate cut of 2025 as political tension mounts
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'Misinformation megaphone': Musk stokes tension before US election
With incendiary, misleading posts to his 200 million followers, Elon Musk has courted criticism for cranking up the political temperature ahead of an already polarized US election through his influential platform that is plagued with misinformation. - 'Much impact' – False or misleading election claims on X by Musk have amassed nearly 1.2 billion views, CCDH reported last month.
US Fed's preferred inflation measure edges down in August
An inflation metric closely watched by the US Federal Reserve crept lower Friday, according to government data, supporting the central bank's decision earlier this month to begin cutting interest rates -- ahead of November's presidential election. "We think the data show enough progress on key inflation metrics for policymakers to continue cutting rates," the economists added.
Ireland fines Meta 91 mn euros over EU data breach
An Irish regulator helping to police European Union data privacy said Friday it had fined Facebook-owner Meta 91 million euros ($102 million) for password-security breaches. The Data Protection Commission criticised Meta for failing to put in place appropriate security measures to protect users' password data and for taking too long to alert the regulator over the issue.
Stranded cruise ship passengers bid bitter-sweet farewell to Belfast
A luxury round-the-world cruise ship beset with technical delays and docked in rainy Belfast since May is finally set to depart, prompting mixed emotions among its passengers. - Delays - Passengers are able to either buy or rent long-term cabins on the so-called "residential" cruise ship, with the promise of unlimited voyages around the globe.
UK clears $4 bn AI partnership between Amazon, Anthropic
Britain's competition regulator on Friday cleared Amazon's investment of up to $4 billion in Anthropic, an American developer of artificial intelligence, following a short probe. The British regulator had probed whether the partnership caused "a substantial lessening of competition within any market or markets in the United Kingdom for goods or services".
60 'survivors' accuse ex-Harrods boss Al-Fayed of sex abuse: lawyers
Around 60 women have now come forward to allege they were sexually abused by former Harrods owner Mohamed Al-Fayed, lawyers representing them said on Friday. We expected that anywhere Mohamed Al-Fayed went, abuse would follow," the statement read.
Naira declines by 8.2% amid dollar shortage despite CBN’s policy decision
The value of the Nigerian naira resumed its declining trend on Wednesday, September 25, according to data compiled by Bloomberg from FMDQ website.
“Businesses suffering”: Nigerian bank MD calls for special banks for SMEs over high interest rates
The Managing Director and CEO of Fidelity Bank, Nneka Onyeali-Ikpe, has called out the Central Bank of Nigeria for increasing the country's interest rates.
UK watchdog bans Naomi Campbell from running charity over 'misconduct'
Former supermodel Naomi Campbell has been barred from running a charity after an inquiry found funds raised by an organisation she founded had been spent on spa treatment and room service charges. The regulator also looked at additional expenses totalling £6,600 for Campbell's hotel stay, including spa treatments, room service and the purchase of cigarettes.
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