Nigeria Suffers Another Power Outage As National Grid Collapses Again
From Victor Osula Abuja The national grid system, operated by the Transmission Company of Nigeria (TCN), collapsed again on Wednesday …
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Qatar Tightens Visa Regulations For Nigerian Travellers, Bans Men From Travelling Without Family
From Victor Osula, Abuja The Qatari Ministry of Interior (MOI) has introduced new visa regulations for Nigerian travellers, citing concerns …
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CNPP, Civil Society Groups Kick Against Tinubu’s $1.75bn World Bank Loan Plan, Warn of Rising Public Anger
The Conference of Nigeria Political Parties (CNPP) and the Coalition of National Civil Society Organisations (CNCSOs) have condemned the Federal …
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Strike: FG, NLC, NUPENG, Dangote Group Meeting Deadlocked
The Monday reconciliation meeting called by the Federal Government to resolve the dispute between Dangote Group and the National Union …
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Presidency Disengages John Umunubo, Alerts Nigerians
Stakeholders and constituents of the digital and creative economy, at home and abroad, as well as the general public are …
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Man Found Dead Inside Car Outside National Assembly Gate
From Victor Osula, Abuja A decomposed body of a man was discovered inside a parked car near the annex gate …
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FG Clarifies 5% Fuel Surcharge, Reaffirms Commitment To Macroeconomic Stability
By Barth Ikiebe The Federal Government has reassured Nigerians of its unwavering commitment to macroeconomic stability, private sector-led growth, and transparent fiscal management while also clarifying recent concerns surrounding the 5% fuel surcharge referenced in the Nigeria Tax Administration Act, 2025. Speaking during a media briefing in Abuja, the Finance and Coordinating Minister of the Economy, Mr Wale Edun stressed that, as already previously indicated by the Presidency and the Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, the fuel surcharge is not a new tax, and it predates the current administration. He reiterated that the surcharge was first introduced under the Federal Roads Maintenance Agency (FERMA) Amendment Act of 2007 to provide sustainable financing for …
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NNPC Boss Ojulari Seeks Investors For Nigeria’s Energy Sector At Milan Conference
By Ayo Kehinde The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Bashir Bayo Ojulari, has called on international investors to direct their attention to Nigeria and tap into the huge opportunities in the nation’s energy sector. Speaking in Milan, Italy, during the Energy Talk segment of the ongoing Gastech Exhibition & Conference, Ojulari said the existing crude oil assets have huge untapped reservoirs for investors to tap into towards boosting production from the current 1.7 million barrels per day, besides over 200 oil fields that are currently undeveloped According to him, while a number of investors were already coming into the country with gas-based industries such as petrochemicals and methanol plants, more investments were required …
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Nigeria’s Tax Reform Laws Published In Official Gazette, Says Taiwo Oyedele
From Victor Osula, Abuja The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has announced the publication of Nigeria’s new tax reform laws in the official gazette. “Nigeria’s tax reform laws have been published in the official gazette”, Oyedele said on Monday in a post on X. President Bola Tinubu had, on June 26, signed into law the four groundbreaking tax reform bills. They were passed by the National Assembly after extensive consultations with various interest groups and stakeholders. Expected to transform Nigeria’s fiscal and revenue framework, the laws are the Nigeria Tax Act, 2025 (NTA); the Nigeria Tax Administration Act, 2025 (NTAA); the Nigeria Revenue Service (Establishment) Act, 2025 (NRSEA); and the Joint Revenue Board …
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ECOWAS Hails Innoson Vehicle Assembly Plant; Set To Implement Regional Impact Strategic Framework
By Barth Ikiebe In a significant move to accelerate industrial growth and integration in West Africa, the ECOWAS Commission, in partnership with Nigeria’s Federal Ministry of Industry, Trade and Investment, paid a high-level follow-up visit to Innoson Vehicle Manufacturing Company (IVM) recently. The mission, part of the Regional Automotive Industry Development Framework, marks a critical step in ECOWAS’s drive to localize vehicle production and reduce dependency on imports across member states. The visit brought together top officials from the ECOWAS Commission, the National Automotive Design and Development Council (NADDC), and Innoson’s leadership. The delegation toured Innoson’s sprawling facility in Anambra State, inspecting its vehicle assembly lines, compressed natural gas (CNG) operations, and vehicle stability testing units. The tour offered firsthand …
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Reps Speaker Abbas Raises Alarm Over Rising National Debt
From Victor Osula, Abuja Speaker of the House of Representatives, Abbas Tajudeen, has expressed deep concern over Nigeria’s rising debt profile, warning that it has breached the country’s statutory threshold and now poses a serious threat to fiscal sustainability. Speaking on Monday at the opening of the 11th Annual Conference and General Assembly of the West Africa Association of Public Accounts Committees (WAAPAC) at the National Assembly, Abuja, Abbas said Nigeria’s debt had reached “a critical point” that demands urgent reforms in borrowing practices and oversight. “As at the first quarter of 2025, Nigeria’s total public debt stood at N149.39 trillion, about US$97 billion. This marks a sharp rise from N121.7 trillion the previous year. Even more concerning is the …
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INEC Officially Recognises Mark, Aregbesola As ADC Leaders
From Ayo Kehinde The Independent National Electoral Commission (INEC) has formally recognised former Senate President, Senator David Mark, as the …
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2027: INEC Raises Alarm Over Early Campaigns, Warns Of Threat To Democracy
From Victor Osula, Abuja The Independent National Electoral Commission (INEC) has expressed concern over the rising trend of premature political …
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Up Close To Prof Bart Nnaji & “The Boss” , By Uzor Maxim Uzoatu
The plan was that I should come in daytime, but I arrived at night. It was already completely dark when …
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Dangote’s Trucks and Their Drivers, ByPromise Adiele
Nigeria’s foremost business mogul, Aliko Dangote, needs no detailed introduction. His conglomerate, Dangote Group, is the largest multinational chain in …
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Who Wants Governor Lawal to Resign —A Rejoinder, By Danjuma Musa
First a disclaimer. I know Dauda Lawal, the Governor of Zamfara State, though I have not spoken to him since …
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Alleged Fraud: Wanted Sujimoto Boss Ogundele Surrenders Self To EFCC
The founder of Sujimoto Luxury Limited, Olasijibomi Ogundele, has surrendered himself to the Economic and Financial Crimes Commission (EFCC) in …
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COSFAN Raises Alarm over Poor Governance in Nigeria
From Joseph Amedu, Lokoja The Commonwealth Scholars and Fellows Alumni Association of Nigeria (COSFAN) has cried out over the nation’s …
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Senate Tells Natasha, You Can’t Resume Now
From Victor Osula, Abuja The Senate has rejected Senator Natasha Akpoti-Uduaghan’s bid to return to plenary, insisting that her six-month …
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JAMB Uncovers 190 AI Cheats, Over 4,000 Finger Blending, 1,878 Fake Disability In 2025 UTME
From Victor Osula Abuja The Joint Admissions and Matriculation Board (JAMB) has uncovered widespread malpractice, including 190 cases of AI-assisted …
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TUC Threatens Nationwide Strike Over Proposed 5% Petrol Tax, Puts Members, CSOs, Market Associations On Alert
From Victor Osula, Abuja The Trade Union Congress of Nigeria has warned of a nationwide strike if the Federal Government …
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