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In a budget presentation, the Senate Committee on Finance criticized the Federal Inland Revenue Service (FIRS) for a significant N17 trillion loss in tax waivers over five years. They called for a suspension of these waivers and proposed a shift to a more controlled rebating system. The FIRS...
In a critical juncture for Nigeria's transport and energy sectors, the much-anticipated meeting between the Federal Government (FG), the Nigerian Association of Road Transport Owners (NARTO), and key stakeholders concluded on Monday without a consensus, exacerbating fears of an impending fuel...
The Niger State administration is set to take disciplinary action against schoolteachers following a viral video featuring a primary school pupil, AbdulKabir AbdulKadir, expressing vehement opinions during a classroom debate. The student criticized mandatory voting in Nigeria, citing a corrupt...
In a shocking turn of events, the Economic and Financial Crimes Commission (EFCC) launched a raid at Abuja's Zone 4 market, targeting Bureau De Change (BDC) operators as the Nigerian Naira faces a rapid decline to N1,700 against the dollar. Clad in their red vests, EFCC operatives used firearms...
In an investor call on Monday, Hans Essaadi, CEO of Nigerian Breweries Plc, the Nigerian unit of Heineken NV, delivered grim news, declaring that the company is currently facing its worst downturn in the history of operations in Nigeria. Essaadi attributed the challenges to a significant decline...
Amid economic hardship, Alhaja Folashade Tinubu-Ojo, the Iyaloja General of Lagos State and daughter of President Bola Tinubu, appealed to Nigerians for patience during the 2024 Mawlid Nabiyy celebration. Speaking at the event held at the National Stadium, Surulere, Lagos, she acknowledged the...
Presidential Candidate of the Labour Party, Peter Obi, has raised urgent concerns over the escalating violence and terror attacks in Zamfara, Kaduna, and Katsina states. In a statement, Obi stressed the need for immediate and decisive action to protect Nigerian lives and property. While...
The Abuja Electricity Distribution Company (AEDC) has issued a public notice warning of power disconnection to the Presidential Villa and several top government agencies due to unpaid electricity bills totaling N47 billion. The notice, published in Thisday newspaper, outlines that 86...
In a somber turn of events at Obafemi Awolowo University (OAU), the community is grappling with the loss of Olabode Olawuyi, a dedicated veterinary technologist and caretaker of the university's Zoological garden for over a decade. The sorrowful incident unfolded on Monday afternoon when...
In a significant development for the construction sector, cement manufacturers have agreed to reduce the price of their product from N10,000 to a range between N7,000 and N8,000 per 50kg, subject to certain conditions set by the Federal Government. The decision was reached during a meeting...
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