In a bold fiscal move, Nigerian President Bola Tinubu will sign into law four transformative bills on Thursday that aim to modernise the country’s tax system and boost its revenue-generation capabilities. The new laws – The Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill…
Nigeria’s Deputy Senate President, Barau Jibrin, has responded to speculation about potentially serving as President Bola Tinubu’s running mate in the 2027 election by declaring absolute loyalty to the President and downplaying the political conversation as premature. Addressing journalists during a media briefing on the upcoming regional hearings of the Senate Committee on Constitutional Review,…
Seventeen Nigerian soldiers have died and 10 others wounded during a large-scale battle with armed terrorists in Niger State, military officials have confirmed. The clash took place on 24 June near Bangi community in Mariga local government area, where terrorists attempted a covert movement into Kwatankoro Forest — a notorious sanctuary for armed groups operating…
Nigeria’s former military ruler, General Ibrahim Babangida, has expressed support for a new Northern-focused organisation aimed at strengthening regional unity, advancing development, and supporting national peace. Speaking at his hilltop residence in Minna, the former leader said Nigeria’s North needs a “coherent and powerful voice” to protect its interests and contribute to the broader unity…
The Nigerian stock market closed on a positive note Wednesday, adding N1.185 trillion to its value. Market capitalisation surged by 1.57 per cent to reach N76.761 trillion, up from N75.576 trillion recorded on Tuesday. Similarly, the All-Share Index (ASI) rose by 1,466.87 points, or 1.22 per cent, settling at 121,257.69 from its previous close of…
Nigerian President Bola Tinubu has commended the transformation underway in the nation’s capital, describing the improvements as a reflection of his administration’s economic and social development agenda. Speaking through Senate President Godswill Akpabio, Tinubu inaugurated a newly completed interchange in Abuja, connecting Wole Soyinka Way with the Murtala Mohammed Expressway. It is the 11th infrastructure…
Witnesses in the trial of ex-Kogi State Governor Yahaya Bello have testified that no payments were made by the defendants into the company accounts involved in a disputed real estate transaction. Bello, along with co-defendants Umar Oricha and Abdulsalami Hudu, is facing 16 charges brought by Nigeria’s anti-corruption agency, the EFCC, relating to allegations of…
Nigeria’s Senate has approved the ₦1.48 trillion 2025 budget for Rivers State, under the backdrop of emergency governance imposed in the state due to political instability. The budget was passed following the presentation of a detailed report by an ad hoc Senate committee led by Senate Majority Leader, Senator Opeyemi Bamidele. The committee had been…
In a move to safeguard consumers and support local manufacturing, Nigeria’s petroleum regulator has introduced a mandatory licensing framework for the importation of lubricants, aiming to stem the flow of substandard and counterfeit products into the market. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) made the announcement during a stakeholder workshop in Abuja…
Pope Leo XIV has issued a powerful plea for peace in his final general audience before entering his summer retreat, highlighting the volatile situations unfolding in Iran, Israel, and Palestine. Addressing a large crowd in St Peter’s Square on Wednesday, the Pope called for humility and dialogue over hostility and retaliation. “Let us reject arrogance…
