Nigerians earning less than N250,000 monthly will be exempt from income tax under new laws, according to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.
Economy
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The African Export-Import Bank has revealed that Nigeria loses an estimated $1.1bn annually to medical tourism, a trend it described as a significant drain on the country’s foreign exchange and
The Nigerian National Petroleum Company Limited on Thursday failed to appear before the Senate Committee on Public Accounts probing alleged financial discrepancies amounting to over N210tn in its audited reports
A new African-led credit rating agency is set to begin operations by the end of September, in a move designed to challenge the dominance of established global firms and provide
The Minister of Art, Culture, Tourism, and the Creative Economy, Hannatu Musa Musawa, has reiterated the commitment of the Federal Government to partner with the 36 states of the federation
The Naira ended the trading week on a positive note, recording a bullish close on Friday at the official foreign exchange market. It appreciated N1,598.72 against the U.S. Dollar, reflecting
The National Association of Nigerian Students has commended the Joint Admissions and Matriculation Board for transparency in handling the glitches that affected the 2025 Unified Tertiary Matriculation Examination. In a
The Nigeria Labour Congress (NLC) has called for the full enforcement of the N70,000 national minimum wage.
Zenith Bank Plc has generated N311.83 billion as profit after tax for the first quarter of 2025. The figure represents an increase from N258.34 billion realised as profit in the same
The Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala, says Africa needs to strengthen intra-regional trade and be more self-reliant in the face of reciprocal tariffs.
