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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Court paper unravels Emefiele's salary and allowances as CBN Governor, overturns forfeiture of housing units
An appeal court has overturned the November 2024 ruling from a federal high court that ordered the forfeiture of several assets belonging to Godwin Emefiele.
List of countries buying Nigerian goods as exports hit over N20 trillion
The National Bureau of Statistics (NBS) has provided a detailed breakdown of how Nigeria traded with the world, who is the biggest customers and products.
Large volumes of stolen crude recovered as Navy takes down five illegal refining sites
A Nigerian Navy operation was conducted on June 14, leading to the discovery of five illegal refining sites. The Commander has shared details of products recovered.
Fighter jets, refuelling aircraft, frigate: UK assets in Mideast
Britain is deploying extra fighter jets and other assets to the Middle East amid the escalating conflict between Israel and Iran, UK Prime Minister Keir Starmer has said. RAF Typhoon jets aided Israel in April 2024 when they shot down an unspecified number of drones fired by Iran, as confirmed by the UK's then-prime minister, Rishi Sunak.
Struggling Gucci owner's shares soar over new CEO reports
Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group. Le Figaro newspaper reported that de Meo would take over at Kering, the French luxury group that owns Gucci, Yves Saint Laurent, Balenciaga and other premium brands.
France shuts Israeli weapons booths at Paris Air Show
Geopolitical tensions roiled the opening of the Paris Air Show on Monday as French authorities sealed off Israeli weapons industry booths amid the conflicts in Iran and Gaza, a move that Israel condemned as "outrageous".
FG insists on ending solar panel imports, shares alternative plan
Experts have warned the FG not to proceed with its ban on solar panel importation, as it could disrupt the progress made with adoption of renewable energy in Nigeria
China factory output slumps but consumption offers bright spot
China's factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy.
Oil prices rise further as Israel-Iran extends into fourth day
Oil prices extended gains Monday as Israel and Iran pounded each other with missiles for a fourth day and threatened further attacks, stoking fears of a lengthy conflict that could reignite inflation.
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