Cybersecurity levy, other taxes to fuel inflation and impede business growth – CPPE

Cybersecurity levy, other taxes to fuel inflation and impede business growth – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) in Nigeria has stated that the newly introduced cybersecurity levy and other taxes are impeding businesses’ capacity to drive economic growth, leading to job losses and inflation.

Gasoline demand growth to slow this year on EV growth

Gasoline demand growth to slow this year on EV growth

Global petrol demand growth is expected to halve in 2024 due to a shift to electric cars in China and the United States, as well as a return to normal consumption levels after the COVID-19 pandemic.

Digital Taxation around the World

Digital Taxation around the World

Digital Taxation around the World | Tax Foundation Skip to content taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. policies, a significant number of countries adopted unilateral tax measures targeted at digital businesses, … Read more

Heineken sells more beer in first quarter, sticks to outlook

Heineken sells more beer in first quarter, sticks to outlook

Heineken sold more beer than expected in the first quarter, reporting its first year-on-year growth in quarterly volumes in a year.

Aboriginal spears snatched by British in 1770 to return to Australia

Aboriginal spears snatched by British in 1770 to return to Australia

Four spears taken from Australia by British explorer James Cook more than 250 years ago will be returned by Cambridge University to descendants of the indigenous Gweagal community who crafted them.

WHO says wider alert on contaminated J&J cough syrup ‘likely’

WHO says wider alert on contaminated J&J cough syrup ‘likely’

The World Health Organization is likely to issue a wider warning about contaminated Johnson and Johnson-made children’s cough syrup found in Nigeria last week. Nigeria’s regulator recalled a batch of Benylin syrup due to high levels of diethylene glycol. The contaminant has been linked to the deaths of more than 300 children in other countries since 2022, though not linked to the new recalls. Five other African countries have also pulled the product from shelves. The WHO is collaborating with the manufacturer and regulatory authority in South Africa to investigate the source of the contamination.

Nigeria becomes first country to roll out new meningitis vaccine, WHO says

Nigeria becomes first country to roll out new meningitis vaccine, WHO says

Nigeria has become the first country to roll out the new Men5CV vaccine against meningitis, aiming to eliminate the disease by 2023. The vaccine protects against the five major strains of the disease prevalent in Nigeria, unlike the previous vaccine that only targeted one strain.