Two currency exchange dealers were killed when suspected terrorists attacked the Durusar Gawo currency market in Kurdula District, Gudu Local Government Area of the state. The spokesperson of the State Police Command, DSP Ahmad Rufa’i, confirmed the incident in a statement issued on Sunday, January 11, 2025. According to him, the attackers struck around…
Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has assured Nigerians that the newly approved tax reforms will not lead to automatic debits from personal bank accounts. Speaking on Channels Television’s end-of-year programme, Oyedele said no tax authority anywhere in the world has the capacity to pursue every…
Despite objections from various quarters, President Bola Tinubu has affirmed that the reformed tax laws will take effect as scheduled on January 1, 2026. The President made this known in a statement released on Monday night, December 30. He described the tax reforms as a once-in-a-generation opportunity to establish a fair, competitive, and resilient…
Google just unveiled a new feature for Gmail users who are still stuck with their embarrassing email addresses from years back. In a long-requested change, account holders can now replace their existing @gmail.com address with a new one while retaining all data and services, according to an update to Google’s account help page. However,…
The Nigeria Labour Congress (NLC) has urged Nigerians to reject any tax law that “was distorted or falsified”, emphasizing the importance of inclusivity and fairness in the formulation of fiscal policies. The labour body stressed that laws affecting workers must be carefully crafted to avoid serious errors or political manipulations that could harm…
President Bola Tinubu has asked the Senate to confirm new chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority and the Nigerian Upstream Petroleum Regulatory Commission following the resignation of the heads of both agencies. The request was conveyed in separate letters sent to the Senate on Wednesday, December 17. Farouk Ahmed…
The Senate has summoned the Minister of Aviation, Festus Keyamo, and key stakeholders in the sector for an urgent interaction following public outcry over the sudden rise in domestic airfares. The resolution came during plenary today December 9 after Buhari Abdulfatai raised a motion on the floor of the Senate, warning that…
The European Union has fined Elon Musk’s platform X one hundred twenty million euros for violating the bloc’s digital rulebook, issuing the first penalty of its kind under the Digital Services Act and igniting tensions with Washington. The commission said X broke transparency rules through the “deceptive design” of its blue checkmark system and…
The Organisation of Petroleum Exporting Countries (OPEC) has decided to maintain Nigeria’s current oil production quota of $1.5$ million barrels per day (bpd), a level that will remain in effect until December 2026. This decision, which rolls over the existing output levels for Nigeria and other participating nations, is a strategic move aimed at ensuring…
A federal high court in Abuja has dismissed a fundamental rights enforcement suit filed by Tigran Gambaryan, a former Binance executive, who had challenged his 2024 detention by the office of the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC). Delivering judgment on Thursday, November 27, presiding judge Mohammed Umar…
