Search Results for "tax"
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Oyedele, Wike meet to finetune taxation in FCT

…Federal Capital Territory (FCT) counterpart, Barr. Nyesom Wike have met to finetune the tax administration in the FCT. Mr. Oyedele, in a statement on Sunday, described it as a, “productive bilateral meeting,” adding, “the two Ministers also reviewed plans to harmonise tax administration within the FCT.” The harmonisati…

Investment by nigerianewsfeedofficial · 3 mons ago · 0 comments · 42 views
TechCrunch Mobility: A new robotaxi scorecard shows China's dominance

…on that data and provides an update every 12 hours. There are four indices that rank robotaxis, autonomous driving licensing companies, autonomous trucks, and delivery bots. One important note, per Autnmy AI co-founder Rob Grant, the AI platform doesn't just scrape information off the internet. "We agreed early on, we…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 37 views
UK's King Charles to disclose personal tax bill - Palace

King Charles III will reveal his personal tax bill in a bid to improve transparency, Buckingham Palace confirmed to AFP on Sunday, as royal finances come under increasing public scrutiny in Britain. British monarchs are legally exempt from paying certain taxes, though they have paid some duties voluntarily for decades.…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 29 views
Beyond Siri: Here are the practical AI features coming to your iPhone in iOS 27

…like Messages and Apple Cash. It's also smart enough to request everyone's share of the tax and tip along with the item prices. Password update Thanks to password managers like Apple's Passwords app or others from third parties like 1Password, Dashlane, or Bitwarden, you've now likely created complex passwords that are…

Entertainment by nigerianewsfeedofficial · 3 mons ago · 0 comments · 29 views
SAHCO targets UAE expansion after posting N12 billion pre-tax profit

…in 2024, driven by increased passenger and cargo handling activities. Profit before tax rose sharply to N12.01 billion from N6.49 billion in the previous year, reflecting robust growth in earnings, while profit after tax stood at N9.74 billion. The improved profitability translated into stronger shareholder returns, wi…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 32 views
Why CBN's UBO directive could change how Fintechs are regulated

…ownership structures that are difficult to fully understand. Another factor may be taxation and financial crime prevention. Beneficial ownership transparency has become a global regulatory priority as authorities seek to combat money laundering, sanctions evasion, illicit financial flows, and tax avoidance schemes. The…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 28 views
Being a traditionalist has affected how people see me - Alhassan Aisha

…major challenge is policy inconsistency. Changes in foreign exchange regulations, taxes, and import policies can happen suddenly, making long-term planning difficult. Entrepreneurs can handle difficult policies, but uncertainty makes it difficult to build sustainable businesses. Poor infrastructure, logistics challenge…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 32 views
Passenger, cargo traffic boost SAHCO revenue

…Annual General Meeting. In terms of profitability, SAHCO reported a Profit Before Tax, PBT, of approximately N12.007 billion, compared to N6.486 billion achieved in 2024, demonstrating strong year-on-year growth. Profit After Tax, PAT, also stood at approximately N9.742 billion for the 2025 financial year. The company…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 36 views
Entertainer Fakepoco becomes Countryside Group's brand ambassador 

…three flagship brands under the Countryside Group such as BlowPay Global Services, CTC Taxi (Countryside Taxi Company Ltd) and Countryside Travels & Tours Speaking during the signing ceremony, the Chairman of Countryside Group, High Chief Dr. Ndubisi George Ugo (Dr. Blow Money), described the partnership as a strategic…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 26 views
IMG strengthens balance sheet, equity grows 100%As shareholders get N365.5m dividend

…of N8.45 billion, up slightly from N8.38 billion in the previous year. Profit After Tax stood at N990 million, compared with N1.62 billion in 2024, as economic headwinds weighed on earnings. Nevertheless, the company continued to enhance shareholder value through a stronger balance sheet and sustained returns to invest…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 29 views
Digital Nomads: Alma Asinobi learned to build mobility by confronting her own immobility

…and only a few days before the COVID-19 pandemic locked the world down. "We got a taxi, took a drive to the border, and then we stayed in Benin Republic for the weekend," she said. Asinobi documented all the trip entailed, and pulled it all together into an ebook and put it up for pre-order while she was still travelli…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 35 views
Aradel reports N835 billion pre-tax profit in 2025, announces N23 final dividend

…Share of profit from associates also rose 246% to N109.5 billion, further supporting pre-tax profit. Cost pressure remained visible as finance costs increased to N26.5 billion from N22.2 billion, while general and administrative expenses increased to N93.1 billion from N56.2 billion. The company also recorded non-recur…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 27 views
Every new iOS 27 feature that's worth knowing about

…the feature can identify individual items on a receipt, calculate each person's share of taxes and tips, and facilitate repayment directly through Messages or Wallet. Wallet is also gaining support for digitizing physical membership and loyalty cards. Users can simply point their iPhone camera at a barcode or scan a di…

Entertainment by nigerianewsfeedofficial · 3 mons ago · 0 comments · 24 views
Aradel's profit jumps 192% on acquisition gains, higher sales

Aradel Holdings Plc reported a 192 percent surge in full-year profit after tax for 2025, driven by strong growth across

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 20 views
Why Nigerian banking stocks are in blood bath

…supported by strong fundamentals and expected fiscal reforms like reduced corporate tax rates that could bolster market confidence in future.

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 19 views
National Assembly's dirty papers, by Emmanuel Aziken

…The third and perhaps most consequential case concerns allegations that Nigeria's tax reform laws were altered after passage by the National Assembly. This is far more serious than an internal leadership endorsement or a committee report. It touches directly on the authenticity of laws that bind citizens and businesses…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 22 views
Businesses retain approved tax incentives under new tax framework

The Federal Government has assured businesses that tax incentives granted under repealed tax laws will remain valid until their expiration

Investment by nigerianewsfeedofficial · 3 mons ago · 0 comments · 31 views
Go eyes robotaxis and acquisitions after Japan's biggest IPO of 2026. Here's why it matters

…much-needed boost to the country's languishing listing season. It has also supplied the taxi-hailing app with the capital required to address an existential issue: Japan's shortage of drivers. Go, which raised ¥88.6 billion ($553 million) in its IPO on Tuesday, plans to allocate ¥8 billion ($50 million) of the proceeds…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 24 views
Top South Africa tech investor says it is no longer just a Tencent story

…$7.3 billion in revenue and $1.1 billion in ecosystem adjusted Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) for the year ended March 31, 2026. Core headline earnings per share are expected to increase by between 19% and 28%, while headline earnings are forecast to rise by between 6.7% and 15…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 33 views
Wall Street's Deregulatory Campaign: Who Pays When Banks Lose?

…historical market failures. Reducing capital would heighten risks for depositors and taxpayers in future financial crises, as robust capital buffers are essential safeguards. Regulators have already granted concessions, and further relief would erode critical post-2008 protections, increasing systemic vulnerability. Th…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 17 views
5 Key Tax Considerations When Betting On The 2026 World Cup

MoneyTaxes5 Key Tax Considerations When Betting On The 2026 World CupByNathan Goldman,Contributor.Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ.Jun 19, 2026, 10:49am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice exp…

Sports by nigerianewsfeedofficial · 3 mons ago · 0 comments · 24 views
Trump Approval Rating Holds Steady At 37% Amid Iran Deal

…established to settle Trump's lawsuit against the IRS and is widely expected to offer taxpayer-funded payments to Jan. 6 rioters and other Trump allies. May 20In the only poll to show an improvement in Trump's standings this week, the president's approval rating increased four points, to 37%, from a second-term record…

Politics by nigerianewsfeedofficial · 3 mons ago · 0 comments · 36 views
VFD Group appoints Azeez Adetayo as Acting CFO

…financial results for the first quarter ended March 31, 2026, VFD Group reported a pre-tax profit of N5.1 billion. This represents an increase from the N4.1 billion recorded in the corresponding period of 2025. The performance was largely driven by stronger top-line income. Investment and related earnings rose to N23.9…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 29 views
Even the Coke is big' - visiting World Cup fans take in US culture

…added that he was also intrigued at the American practice of not including sales tax in the listed price of an item, something that is commonly done in England. This group of Portuguese fans are heading to the US south for classic cuisines including barbecues and a seafood boilBalogun noted that he's noticed the mood i…

Sports by nigerianewsfeedofficial · 3 mons ago · 0 comments · 14 views
The US says ASML's top chip tool may be in China. ASML says it isn't

…under Lutnick's leadership, agreed late last year to put up to $150 million of taxpayer money into xLight, a startup developing a next-generation light-source technology that's been written about as a long-term challenge to the core of ASML's EUV monopoly. xLight's own CEO told me last year that the company sees itself…

Business by nigerianewsfeedofficial · 3 mons ago · 0 comments · 24 views
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