Webster Financial Corp.’s shareholders accepted the $12 billion takeover proposal from Banco Santander SA, clearing one of the last remaining hurdles for the deal. https://t.co/MPGQMpVVlR
TPG is considering selling Southeast Asian school operator XCL Education and has attracted preliminary interest from industry peers and buyout firms, sources say. https://t.co/uHfnpxqITd
Canada’s budget watchdog urged Prime Minister Mark Carney to release an update on the federal government’s finances soon or risk eroding the government’s credibility with investors. https://t.co/9pgIsCXtEK
BREAKING NEWS: TINUBU SIGNS FOUR TAX BILLS INTO LAW
President Bola Tinubu has signed four tax reform bills into law, which his administration describes as a landmark step toward overhauling Nigeria’s economic governance.
The signing ceremony at the Presidential Villa moments ago was witnessed by Senate President Godswill Akpabio, Speaker of the House of Representatives Tajudeen Abbas, principal officers of the National Assembly, the Minister of Finance, the Attorney-General of the Federation, and other senior government officials.
The president says the new laws the Nigeria Tax Bill, Tax Administration Bill, Revenue Service Establishment Bill, and Joint Revenue Board Bill aim to unify Nigeria’s fragmented tax system, cut red tape, eliminate duplication, and promote transparency across all levels of government.
He adds that the reforms deliver Nigeria’s first major pro-people tax cuts in a generation, targeting low-income earners, small businesses, and struggling families.
President Tinubu said the old tax regime was complex and inequitable, burdening the vulnerable while protecting inefficiencies. He called the new laws the beginning of a fairer system that rewards enterprise and protects productivity.
He commended the Fiscal Policy and Tax Reform Committee, the National Assembly, and Nigerians for supporting the vision, but stressed the work is not over.
🎥: @DOlusegun
Bank of England’s Andrew Bailey says Labour’s payroll tax is hitting jobs, pay, and food prices, warning of two-sided inflation risks https://t.co/9yF8UnVzXT
Today in Bloomberg Deals: Hong Kong IPO fever, Circle is likely to price above marketed range and private market giants pin hopes on Europe https://t.co/1uPOYUJgOW
Brookfield Asset Management says it plans to take advantage of the recent volatility in global markets by deploying some of its $119 billion of uncalled capital to pick up high-quality assets https://t.co/chFtiTT7JM
💡 What kind of funding is right for you?
VC? Incubators?
Next week, we’re sitting down with Aramide Abe to break it all down—what founders need to know about different funding types & how to choose the right path.
📅 Feb 26 | 6PM WAT
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@_namedNameless@Mochievous This has been my dads way of doing things. He bought bakery equipments way ahead of time (11yrs before). Today those equipment are functioning well