No New Tax On Vehicles – NRS

The Nigeria Revenue Service (NRS) has described as false and misleading a viral infographic claiming that a new vehicle tax has been imposed by the government effective July 1. The NRS made this known in a statement by Mr Dare Adekambi, Special Adviser to the NRS chairman, Dr Zach Adedeji, and spokesperson for the service….

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Alleged Copyright Infringement: Court Remands Founder Of “Netnaija” Media

The Federal High Court Abuja on Wednesday, remanded the Chief Executive Officer (CEO) of Netnaija Media Enterprises, Emmanuel Analike in Kuje corrections facility for alleged copyright infringement. Justice  Suleiman Liman fixed the date  after the counsel to the defendant, Nnemeka Ejiofor notified the court that he filed a bail application. Ejiofor told the court that…

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Yuan Weakens To 7.1879 Against Dollar

The central parity rate of the Chinese currency renminbi, or the Yuan, weakened three pips to 7.1879 against the on dollar Tuesday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…

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Nigeria Commits $538m On SAPZ – Shettima

Vice-President Kashim Shettima said Nigeria has already committed $538.05 million to the first phase of the Special Agro-Industrial Processing Zones (SAPZ) programme. Shettima made this known on Tuesday  at the United Nations Food Systems Summit Stocktake (UNFSS+4) in Addis Ababa, Ethiopia. The News Agency of Nigeria (NAN) reports that SAPZ is  a flagship initiative aimed…

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S/Korean Investigators Summon Yoon For Questioning Over Martial Law

South Korea’s law enforcement authorities on Monday summoned impeached President Yoon Suk Yeol for questioning over charges of insurrection and abuse of power related to his failed attempt to impose martial law. The joint investigation team, consisting of the police, the Corruption Investigation Office for High-ranking Officials, and the defence ministry’s investigation unit, said it…

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