Death toll in South Africa bar shooting rises to 18
The death toll in a mass shooting in a South African tavern has risen to 18 after one person died in hospital, police said Monday, announcing at least two of the dead were Lesotho nationals.
White House releases list of products US, China could tax less
The White House released Sunday lists of products that could benefit from lower tariffs under an arrangement with China affecting $30 billion in goods in each direction, without specifying the rates or timetable.
Brent crude jumps over 3% after Trump rejects Iran offer
Brent crude jumped more than three percent Monday after Donald Trump rejected an Iranian offer of a seven-day truce that Tehran said would see it reopen the Strait of Hormuz.
PenCom to commit N300bn into infrastructure investment
By Rosemary Iwunze The National Pension Commission, PenCom, said it is targeting a total capital commitment of N300 billion to deepen critical infrastructure investment across Nigeria, with actual asset deployments set to commence by the second quarter of 2027. Speaking to the media at the backdrop of the Pension Industry Leaders Council (PILC) meeting in […]
NEPC targets $10bn non-oil exports from S/W region by 2035
By Cynthia Alo & Kafayat Kokumo The Nigerian Export Promotion Council, NEPC, has said that it is targeting between $9 billion and $10 billion in non-oil exports by 2035 from the South-West region through increased agricultural production, value addition and export-oriented industrialisation. Regional Coordinator, Southwest, NEPC, Mr. Benedict Itegbe, disclosed this on Wednesday at the […]
FG slashes interest rate on late tax payment
By Emma Ujah, Abuja Bureau Chief The Federal Government (FG) has reduced the penalty interest rate for late settlement of tax liabilities, with the new regime taking effect from October 1, 2026. Under the new arrangement, interest on tax liabilities payable in naira will be pegged to the Central Bank of Nigeria’s (CBN) Monetary Policy […]
