The President of the Senate, Senator Godswill Akpabio, has issued a stern warning to all chairmen of Senate standing committees, emphasizing that underperformance will not be tolerated. He made it clear that committee leaders who fail to deliver on their mandates may be replaced to ensure effective oversight and legislative accountability. Senate Oversight on Revenue-Generating […]
A Delaware judge has reaffirmed her decision to reject Tesla CEO Elon Musk’s controversial $56 billion compensation package, despite a recent shareholder vote in favor of reinstating it. The ruling, issued by Chancellor Kathaleen McCormick of the Court of Chancery, underscores the legal and ethical complexities surrounding executive pay at the world’s most valuable carmaker. […]
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Suspected bandits have abducted Hon. Dr. Joseph Haruna Kigbu, a former member of the House of Representatives, in a tragic incident that also claimed the life of his police escort. The attack occurred yesterday evening around 6:00 p.m. on the highway connecting Nunku in Akwanga Local Government Area of Nasarawa State and Gwantu in Sanga […]
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Uyo, Akwa Ibom State – The Akwa Ibom State Police Command has apprehended a suspect, Promise Boniface, for allegedly stealing five children in Obio Ibiono Local Government Area. Boniface was paraded along with other suspects accused of various crimes at the State Police Command headquarters in Uyo. The Commissioner of Police, Joseph Eribo, confirmed that […]
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In a move that has sparked widespread dissatisfaction, operators of Point-of-Sale (POS) terminals have increased their charges, following the implementation of the Federal Inland Revenue Service’s (FIRS) Electronic Money Transfer Levy (EMTL). This N50 levy applies to any electronic transfer of N10,000 or more, in line with the new tax regulations. Starting December 1, 2024, […]
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The Nigerian government, led by President Bola Ahmed Tinubu, has formally sought South Africa’s support to secure full membership in the G20, BRICS, and the BRICS New Development Bank. This appeal was made during the ministerial session of the 11th Nigeria-South Africa Bi-National Commission (BNC) held in Cape Town. A Call for Strategic Partnerships Nigeria’s […]
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The Federal Government of Nigeria has commenced the implementation of a N50 Electronic Money Transfer Levy (EMTL) on transactions of ₦10,000 and above, affecting users of financial technology platforms such as Opay, Moniepoint, and Kuda. This levy, introduced under the Finance Act 2020, applies to the recipient of any electronic transfer meeting the stated threshold. […]
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The Igala people of Kogi East have firmly rejected their inclusion in the Indigenous People of Biafra’s (IPOB) proposed “United States of Biafra.” Speaking through the Igala Youth Council, they criticized IPOB for including their nation without consultation or consent. During an emergency meeting held on December 1, 2024, the Igala Youth Council condemned IPOB’s […]
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Nasarawa State Governor, Abdullahi Sule, has clarified that Nigerian governors are not opposing the proposed Tax Reform Bills. Instead, they sought further understanding and adjustments to ensure the reforms align with public interests and economic realities. Speaking at a Channels Television Townhall on the Tax Reform Bills, Governor Sule commended the initiative but pointed out […]
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The Presidency has firmly denied allegations that the government intends to abolish the National Information Technology Development Agency (NITDA), National Agency for Science and Engineering Infrastructure (NASENI), or the Tertiary Education Trust Fund (TETFUND) through the proposed tax reform bills currently under review by the National Assembly. In a statement issued on Monday, Mr. Bayo […]
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The bustling city of Lagos has added a significant boost to its maritime and logistics sector with the launch of Snake Island Port. This state-of-the-art, 85-hectare multipurpose facility is now operational, thanks to an agreement between Nigerdock and the Nigerian Ports Authority (NPA). The concession agreement spans 45 years, with a provision for an optional […]
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Nigeria has officially requested South Africa’s support to gain full membership in influential global and regional alliances such as the G20, BRICS, and the BRICS New Development Bank (NDB). This appeal was made by Ambassador Bianca Odumegwu-Ojukwu, Nigeria’s Minister of State for Foreign Affairs, during the conclusion of the 11th Nigeria-South Africa Bi-National Commission (BNC) […]
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The National Agency for Food and Drug Administration and Control (NAFDAC) has made a significant breakthrough in its fight against counterfeit goods. Acting on a public tip-off, the agency uncovered an illicit alcohol production hub located on Offin Road, Balogun, Lagos Island. The operation, carried out on Monday, revealed a shop covertly transformed into a […]
