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CPPE warns reversing economic reforms could harm Nigeria’s economy

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Proposed VAT reform provides 0% tax on intellectual property, exports – Oyedele

The Presidential Fiscal Policy and Tax Reforms Committee has proposed a 0% VAT rate on intellectual property and services as part of a broader initiative aimed at stimulating Nigeria’s export sector. This proposal is among seven key changes suggested in the new VAT regime designed to overhaul the country’s tax system. This was disclosed in […]

Google to pay $30m to settle YouTube children’s privacy lawsuit
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Google loses final appeal against EU’s €2.4bn antitrust penalty

Google has lost its final legal challenge on Tuesday against a European Union penalty, concluding a prolonged case that resulted in a substantial fine. The European Union’s Court of Justice upheld a lower court’s ruling, affirming the €2.4 billion ($2.7 billion) penalty imposed by the European Commission. The fine was levied for providing an illegal […]

British YouTuber sets Guinness World Record with largest iPhone
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British YouTuber sets Guinness World Record with largest iPhone

British YouTuber Arun Maini has unveiled the world’s largest functional smartphone, capturing the Guinness World Record. Standing an impressive 6.74 feet (2.054 meters) tall and weighing around 200 kilograms—equivalent to a bottlenose dolphin—this giant gadget redefines the term “mobile device.” The creation, a scaled-up version of the iPhone 15 Pro Max, is fully operational, featuring […]

Apple faces $1.1bn in tariff costs as trade tensions escalates
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Apple loses €13bn Irish tax case, boosting EU’s tax crackdown

Apple Inc. has lost its court battle over a €13 billion ($14.4 billion) Irish tax bill, marking a significant victory for the European Union’s efforts to address preferential tax arrangements for large corporations. The European Union’s Court of Justice in Luxembourg upheld a landmark 2016 decision that Ireland violated state aid laws by providing Apple […]

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FG to lead AI adoption in Nigeria – Minister

The Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijan has announced that the federal government is taking a leading role in advancing Artificial Intelligence adoption in Nigeria to set an example for the private sector. This was disclosed by Tijani during a one-day AI stakeholders engagement in Abuja, on Monday, according to Nairametrics. […]

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CBN, NDIC to address bank recapitalization at summit

The 2024 Finance Correspondents Association of Nigeria conference will feature discussions on the impact of current recapitalization efforts on the real sector, with key contributions from the Nigeria Deposit Insurance Corporation, the Central Bank of Nigeria, the Bank of Industry, the United Bank for Africa, Access Holdings Plc, and other financial institutions. This was disclosed […]

How FG can boost Nigeria's digital growth - Analyst
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Telecom services face shutdown as 800 workers begin strike

The strike by about 800 workers from the Private Telecommunications and Communications Senior Staff Association poses a significant risk to Nigeria’s telecom sector. The union, which represents mostly contract workers, threatened to cause severe disruptions to telecom operations if its demands were not satisfied, perhaps resulting in a communication blackout that would affect millions of […]

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NNPCL, Chevron complete conversion of five JV assets

The Nigerian National Petroluem Company Limited and Chevron Nigeria Limited have successfully transitioned five of their joint venture assets to align with the PIA framework in compliance with the Petroleum Industry Act 2021. This was disclosed in an X post by the Chief Corporate Communications Officer, Olufemi Soneye via his official account on Monday. The […]

Apple to launch macOS Sequoia September 16
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Apple to launch macOS Sequoia September 16

Apple will launch macOS Sequoia on September 16, marking its earliest major desktop OS release ever, as the tech giant focuses on AI-driven features to boost hardware sales. Introduced at WWDC 2024, Sequoia brings the highly anticipated Apple Intelligence suite and iPhone Mirroring to the forefront. Analysts view this rapid release as a strategic move […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
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NCC launches device mgt system to register all mobile devices

The Nigerian Communications Commission has launched the Device Management System (NCC-DMS), a Central Equipment Identity Register aimed at overseeing mobile devices on the country’s communication networks, according to Nairametrics. The NCC has mandated all Mobile Network Operators (MNOs) to connect to this system under the new ‘Type Approval Business Rule 2024’. The NCC-DMS will serve […]

Apple to roll out iOS 18 software update September 16
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Apple to roll out iOS 18 software update September 16

Apple’s latest software update, iOS 18, brings a range of new features and aesthetic changes, beyond the much-anticipated Apple Intelligence. Unveiled at the iPhone 16 “Glowtime” event on Monday, the update will roll out on September 16. iOS 18 introduces greater flexibility in customizing home screens, allowing users to place icons anywhere, leave blank spaces, […]

Apple launches AirPods Pro 2 with hearing aid
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Apple launches AirPods Pro 2 with hearing aid

Apple is set to introduce a new certified hearing test with iOS 18 and AirPods Pro 2, aimed at helping users assess their hearing health. The five-minute test, which will be available through a software update this fall, asks users to tap their smartphone screen when they hear a series of tones at varying volumes […]

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