Edun Defends Economic "Correction" Amid Revenue Shortfalls

Finance Minister Unveils Presumptive Tax Rules for MSMEs

The Federal Government has issued new presumptive tax regulations designed to simplify compliance for millions of micro, small, and medium enterprises (MSMEs). Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced the framework on Wednesday, framing it as a “structured pathway” for informal businesses to enter the formal economy. The rules replace…

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Uber Earnings: Revenue Surges 20%, Stock Price Drops

Uber Technologies released a complex fourth-quarter financial report that left Wall Street investors visibly shaken. The ride-hailing giant recorded a robust twenty percent jump in total quarterly revenue performance. However, this growth failed to mask a significant decline in the company’s net income levels. Markets responded immediately by pushing share prices downward during early trading…

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Google Introduces Landmark Update: Gmail Users Can Now Change Their Email Address.

In a major policy reversal, Google has begun rolling out a long-requested feature that allows Gmail users to change their primary email address without sacrificing their existing account, data, or history. This move ends a nearly two-decade restriction that permanently locked users into their original sign-up choice.   The update was first spotted on Google’s…

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Airfare Hike: NCAA Dismisses Multiple Tax Claims, Takes On Air Peace Boss

The Nigerian Civil Aviation Authority (NCAA) has pushed back strongly against claims that soaring domestic airfares are driven by multiple government taxes, insisting that airlines do not pay the levies being cited and that recent fare spikes are the result of market forces rather than regulatory burdens. In a statement posted on X on Sunday,…

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Tony Elumelu Foundation Annual Grant 2026: Funding African Entrepreneurs.

The Tony Elumelu Foundation (TEF) has officially announced the opening dates for its flagship 2026 Annual Grant program, reinforcing its decade-long commitment to catalyzing African entrepreneurship. Applications for the highly competitive program will be accepted from January 1 to March 1, 2026.   Widely recognized as one of the continent’s most comprehensive entrepreneurship support initiatives,…

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