WTO reappoints Ngozi Okonjo-Iweala as DG

The World Trade Organisation (WTO) has reappointed Ngozi Okonjo-Iweala as its director-general for a second term. In a post on X on Friday, WTO said the reappointment will take effect on September 1, 2025.The former Minister of Finance assumed office as the seventh Director-General of the World Trade Organization on March 1 2021. She…

Tax reform bills will cripple North economy, Zulum warns

Governor Babagana Umara Zulum of Borno State has voiced strong criticism of the tax reform bills currently under consideration, stating that their implementation would hinder the progress of the northern region and adversely affect other parts of the country. The bills, introduced by President Bola Ahmed Tinubu in September, have sparked significant opposition, particularly…

Two suspected cult members set ablaze in Jos

Angry youths on Friday, Nov. 29, burned down suspected cult members in Jenta Adamu community, Jos North Local Government Area of Plateau State. The spokesman of the state police command, DSP Alabo Alfred, who confirmed the incident to newsmen, said it happened around 9:20am but did not state how many the victims were. Mr…

FG’s electricity subsidy increases by 269%, rising from N650 billion in 2023 to an estimated N2.4 trillion in 2024

The Federal Government’s electricity subsidy has surged by 269%, rising from ₦650 billion in 2023 to an estimated ₦2.4 trillion in 2024. This increase comes despite the implementation of the Band A tariff service category in April, which was expected to reduce subsidy obligations by ₦1.14 trillion. Dr Yusuf Ali, Commissioner for Planning, Research,…

Gunmen abduct three in Anambra community

Gunmen have abducted three persons along Onitsha-Owerri Road end of Nnewi in the Nnewi North Local Government Area of Anambra State. Eyewitnesses said the incident occurred near the Innoson Motorcycle Showroom on Tuesday, November 26, 2024, as the victims were driving along the road. “The three persons were in a vehicle when armed men…