A tax expert, Aderonke Atoyebi, has debunked the widespread misconception regarding the newly introduced Tax Identification, describing the rumours as dangerous.
Economy
Most viewed
Popular
-
FG orders immediate release of ₦250bn loan to farmers, targets food security
-
CBN crashes dollar with $29 million intervention in FX market
-
Naira gains N37, experts warn dollar hoarders of big losses
-
Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
-
New exchange rate: CBN crashes dollar as naira appreciates to N1,506 in official window
Economy Latest News
Ryanair says will fine 'disruptive passengers' 500 euros
Irish no-frills airline Ryanair said Thursday it will fine "disruptive passengers whose unruly behaviour" results in their removal from aircraft 500 euros ($580).
March quake to drive 2.5% drop in Myanmar GDP, says World Bank
Myanmar's economy is set to shrink 2.5 percent in the 2025/26 financial year, largely as a result of March's devastating magnitude-7.7 earthquake, the World Bank said on Thursday. A World Bank report predicted GDP will contract 2.5 percent in the financial year ending in March 2026 "mostly due to earthquake impacts", with output $2 billion lower than it would have been without the disaster.
Nigerians experience blackout in 6 states as FG commences repairs on national grid
It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
UK economy shrinks in April as US tariffs kick in
Britain's economy shrank more than expected in April following a tax hike on UK businesses and a record drop in exports to the United States due to President Donald Trump's tariffs, official data showed Thursday. Exports of British goods to the United States fell by a record £2 billion ($2.7 billion) the same month, the ONS revealed, following the introduction of Trump's tariffs onslaught.
Niger-Benin border standoff deepens as trade collapse bites
Nearly two years after Niger's military seized power and the border with Benin was shut, tensions over security, sovereignty and French influence have hardened into a stand-off throttling trade and paralysing ties between the west African neighbours.
EU crypto regulation hampered by national flaws
The first EU-wide cryptocurrency regulation was meant to impose some harmony, but disparities in implementation by member countries has allowed companies to exploit a flaw in the system. France, however, sees it as granting companies greater time to prepare their application, with the country implementing a transition period through to June 2026.
Rice prices Japan's hot political issue, on and off the farm
All is calm at Satoshi Yamazaki's rice farm, with its freshly planted rows of vivid-green seedlings, but a row over the cost of the staple in Japan is threatening to deal the government a blow at the ballot box.
Asian shares stumble after Trump's latest trade threat
Asian shares were rattled Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks, reigniting trade war fears soon after reaching a deal with China to dial down tensions between the superpowers. Most Asian markets fell on Thursday, with Tokyo, Hong Kong, Shanghai, Wellington, Taipei and Jakarta in the red after a broadly healthy run-up this week.
From fishing family to Big Tech: French CEO takes on Silicon Valley
At just 39 years old, Fidji Simo is poised to become OpenAI's second-in-command after leaving her mark at two other major tech firms, including Meta. - 'Never Intimidated' - In 2011, Simo joined Facebook, now Meta.
Economy
Load more