As Nigerians look forward to the implementation of new tax laws, the Federal Inland Revenue Service (FIRS) said one key change in the Nigeria Tax Act (NTA) 2025 is the pegging of the development levy at a single rate of four per cent. The Coordinating Director of the Medium Taxpayers Group at the FIRS, Dick …
FCMB Pensions Limited has announced that it has disbursed over N200 billion to Retirement Savings Account (RSA) holders, while its Assets Under Management (AUM) have surpassed the N1 trillion mark. Speaking to journalists on Monday during a sensitisation walk marking the 20th anniversary of the Pension Fund Administrator (PFA), the Managing Director/Chief Executive Officer of …
Tax MoU: The Only Mistake France Made Was Codifying Our Requests for Assistance – Oyedele The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Professor Taiwo Oyedele, has stated that the only error committed by France in the landmark Memorandum of Understanding (MoU) aimed at strengthening bilateral cooperation and advancing the digital transformation …
In a rapidly digitalising Nigeria, the home, once a sanctuary for children, is no longer guaranteed to be safe. Smartphones, tablets, social media, and even seemingly harmless educational apps have become conduits for predators, quietly grooming children while parents, busy with work or distracted by their own devices, remain unaware. Digital grooming is no longer …
China’s oil market is expected to remain largely insulated from recent disruptions in Venezuelan crude exports, at least in the near term, thanks to pre-arranged shipments, abundant floating storage, and subdued seasonal demand, analysts and traders say. The disruption follows the U.S. seizure of a tanker off Venezuela’s coast last week, coupled with new sanctions …
Canada’s annual inflation rate remained at 2.2% in November, unchanged from October, Statistics Canada reported on Monday. The steady rate was primarily driven by rising food prices, which increased at their fastest pace in more than two years. A year-on-year drop in gasoline and shelter costs partially offset the food price surge. November marked the …
Families living on the Akuak islands in South Sudan are battling severe floods from the Nile, as climate change transforms their traditional way of life into an ongoing struggle for survival. The islands, located among countless channels of the Nile, are home to huts built on grass and clay platforms. Here, families sustain themselves through …
The Trump administration has unveiled a campaign to hire 1,000 engineers for two-year stints in federal government roles, according to a government website on Monday. The initiative seeks professionals with expertise in software engineering, artificial intelligence, cybersecurity, and data analytics. Successful candidates will be placed in positions across various government agencies, with most roles located …
ActionAid Nigeria has called on President Bola Ahmed Tinubu to intervene urgently and order a public investigation into allegations of financial misconduct against Mr Farouk Ahmed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The allegations surfaced following media reports and whistleblower revelations by business mogul Alhaji Aliko Dangote. It is …
Hundreds of thousands of displaced Palestinians face heightened danger from flooding and freezing temperatures as Storm Byron batters the Gaza Strip, the UN warned Monday. The enclave, already reeling from two years of war, has been devastated by the severe winter storm. Palestinian sources report that 12 people have died, thousands of makeshift homes have …
