FIRS Explains 4% Levy, Says It's Not an Additional Tax
The FIRS clarifies that Nigeria's new 4% development levy consolidates existing charges, aims to simplify compliance, and boost investment. Learn how the tax reforms affect businesses and FTZs.
Category : Search result: free trade agreement
Costco Challenges US Tariffs in Court, Seeks Refund
US retail giant Costco sues the Trump administration, demanding a refund for tariffs paid on imports. The case challenges the legality of Trump's trade policy. Read the full story.
Major Banks Back MMC 7.0 for Africa's Industrial Growth
Leading commercial banks unite behind MMC 7.0 to mobilize capital for African entrepreneurs. Join the event on Dec 4-5 in Lagos to unlock funding opportunities.
Kano Free Trade Zone Hits N18.8b Revenue in 2025
Kano Free Trade Zone reports N18.8 billion revenue from Jan-Oct 2025, signaling growth in Nigeria's non-oil sector. Discover how this achievement boosts economic diversification.
Hashim's 2021 Defence Proposal Resurfaces Amid Crisis
Nigerians demand government adopt Olawepo-Hashim's 2021 defence cooperation strategy as US warns of worsening insecurity. Join the #HashimSecurityVision conversation.
China to Bid for Panama Canal Ports Construction
China plans to bid for building two new ports on the Panama Canal despite US concerns. The $8.5 billion project includes ports, gas pipeline and reservoir. Read more.
US-Nigeria Security Agreement to Fight Terrorism
Nigeria and United States establish security cooperation framework with intelligence sharing and defense equipment to combat terrorist groups. Joint Working Group to coordinate efforts.
Nigeria Champions Africa's $3.4 Trillion Single Market
Nigeria takes charge of Africa's $3.4 trillion AfCFTA single market. Minister Oduwole outlines strategy for economic growth, digital trade, and continental leadership. Act now to seize the opportunity!
2025 Lagos International Trade Fair Opens for Business
The 2025 Nigeria International Trade Fair is now open in Lagos, running from November 21-30. Discover West African business opportunities, workshops, and exclusive shopping deals.
EU urges US to cut steel tariffs in trade talks
The EU will press the US to implement their July trade deal, focusing on reducing 50% steel tariffs. High-level talks begin in Brussels. Read more.
COP30 Delivers Climate Finance Boost, Skips Fossil Fuel Plan
COP30 concludes with $1.3 trillion annual climate finance target by 2035 but fails to adopt fossil fuel transition roadmap. Key outcomes include adaptation funding tripling and just transition mechanism.
COP30: $1.3 Trillion Climate Finance Deal Reached
COP30 concludes with historic $1.3 trillion annual climate finance commitment by 2035, but fails to deliver fossil fuels transition roadmap. Key outcomes for Nigeria analyzed.
COP30 Climate Deal Reactions: Global Response
Global leaders react to COP30 climate agreement in Brazil. Mixed responses emerge as deal faces praise and criticism. Key outcomes and future implications analyzed.
COP30 Climate Summit Results: What Nations Agreed
COP30 climate summit in Belem concluded with agreements on fossil fuels, adaptation finance, and methane emissions. Learn about the global climate progress made.
LTIF 2025 Forum Drives Ethical Investment for Africa
The Loveworld Trade & Investment Forum in Lagos united global leaders to champion trust and capital inflows for Africa's growth. Discover how ethical trade is reshaping the continent's economic future.
Belarus pardons 31 Ukrainians in diplomatic pact
Belarus has pardoned 31 Ukrainian citizens as part of diplomatic agreement between Lukashenko and Trump. Read details of this significant political development.
Nigeria International Trade Fair 2025 Opens in Lagos
The 2025 Nigeria International Trade Fair launched in Lagos with calls for industrial growth and policy consistency. Key officials emphasized investment opportunities and economic revival.
EU Seeks More US Tariff Exemptions in Key Talks
EU trade ministers will press for more US tariff exemptions on wines, spirits, and pasta during a crucial meeting with US Commerce Secretary Howard Lutnick. The talks aim to resolve ongoing trade tensions.
Afghanistan Diversifies Trade Amid Pakistan Dispute
Afghanistan is urgently seeking new trade partners after a border clash with Pakistan. The Taliban government is turning to Iran and Central Asia as $100 million in losses hit traders. Discover the economic fallout.
Makinde Signs Oluyole Free Trade Zone JV Agreement
Oyo State Governor Seyi Makinde has signed the Oluyole Free Trade Zone joint venture with Euro FMCG Universal Beverages, promising thousands of jobs and economic transformation for residents.
Trump Tariffs Cause 5.1% Drop in US August Imports
Delayed data reveals US imports fell 5.1% to $340.4 billion in August as Trump's new tariffs hit trading partners. Trade deficit narrowed to $59.6 billion. Read the full analysis.
Post Malone Settles Custody Battle with Ex-Fiancée
Post Malone and his ex-fiancée, Jamie Park, have officially ended their custody dispute over their daughter. Get the full story on their private settlement.
China Overtakes US as Germany's Top Trade Partner
China has reclaimed its position as Germany's number one trading partner, dethroning the US amid new tariffs. Discover the economic implications for global trade.
ASUU rejects FG's proposed salary increment
ASUU's Benin Zone rejects Federal Government's proposed salary increase, calling it insufficient to reverse brain drain in Nigerian universities. Read the full details.
COP30: Urgent Call to Accelerate Paris Agreement
At COP30 in Brazil, UN and global leaders issue a stark warning: the Paris Agreement is lagging behind the climate crisis. They demand immediate, tangible action for a faster energy transition.
Pope Decries Lack of Political Will on Climate Change
Pope Leo XIV urges concrete climate action, defends the Paris Agreement, and criticizes leaders' inaction at the COP30 summit in Brazil. Read his powerful message.
Nigerian Students Can Apply for ₦50m Venture Grant
Federal Government launches Student Venture Capital Grant portal offering up to ₦50 million equity-free funding for student innovators. Apply now at svcg.education.go.ng
Tinubu Warns Fragmented Markets Threaten African Trade
President Tinubu reaffirms Nigeria's commitment to efficient African borders that facilitate trade. Learn how AfCFTA reforms aim to boost intra-African commerce by 2030.
FG Pays N10m Interest-Free Loans to Varsity Staff
Federal Government disburses N10 million interest-free loans to tertiary institution staff. Over 9,000 workers receive payments in first batch with 12-month moratorium.
FG Opens N50m Student Venture Grant Portal
Federal Government launches Student Venture Capital Grant offering up to ₦50 million equity-free funding for STEMM students. Apply now for mentorship and business support.
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