Governors Back Tax Reforms, Propose New VAT Formula
The Nigeria Governors’ Forum (NGF) has rejected any immediate increase in the Value Added Tax (VAT), citing potential economic pressure on businesses and households already dealing with inflation. In a communique issued after a meeting with the Presidential Tax Reform Committee in Abuja yesterday, the governors expressed support for the ongoing legislative process to modernise […]
Israel and Hamas Reach Gaza Ceasefire Deal
Israel and Hamas have agreed a Gaza ceasefire and hostage release deal following 15 months of war. Qatari Prime Minister Sheikh Mohammed Al Thani said the agreement would come into effect on Sunday, so long as it was approved by the Israeli cabinet. Israeli Prime Minister Benjamin Netanyahu said the deal’s final details were still […]
CBN Sanctions Nine Banks for Failing to Dispense Vash via ATMs
The Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. The affected banks which include Fidelity Bank Plc, First Bank Plc, Keystone Bank Plc, Union Bank Plc, Globus Bank Plc, Providus Bank Plc, Zenith Bank Plc, United […]
Former World Heavyweight Champion Tyson Fury Retires From Boxing
Former world heavyweight champion, Tyson Fury, has retired from boxing. The 36-year-old former world champion announced this in a video posted on his Instagram, noting that his boxing career has been a blast and he has loved every single minute of it. Fury last fought in December when he lost his rematch against WBA (Super), WBC and […]
FG to Inaugurate Three Equipped Cancer Facilities by May 2025
The Federal Government is billed to inaugurate three major cancer facilities with equipment’s by May 2025, having already flagged off 10 other major cancer diagnostic centres across the country five months ago. Coordinating Minister of Health and Social Welfare, Prof Muhammad Pate, disclosed this yesterday, following the approval of the establishment of six quipped cancer […]
FG Sets up Special Unit as Implementation of LGAs Financial Autonomy Begins
The Federation Account Allocation Committee (FAAC) is scheduled to hold its first meeting of the year on Wednesday this week, during which operational details for direct fund allocations to Local Government Areas (LGAs) are expected to be a key agenda item. Necessary structures and processes are believed to have been put in place to ensure […]
TikToker Sentenced to 12 Years for 151 MPH Crash Killing 6 Farmworkers
Florida TikToker Noah Galle, 20, has been sentenced to 12 years in prison for a 2022 crash that killed six farmworkers in Palm Beach. Then 17, Galle was driving a BMW M5 at 151 mph when he rear-ended an SUV, killing all its occupants. He pleaded guilty to six counts of vehicular homicide to avoid […]
Chad Begins Investigation into Foiled Attempt to Storm Presidential Compound
Chad’s capital N’Djamena remains calm, hours after armed men attacked the presidential palace, sparking a battle that killed 19 people. Government spokesman Abderaman Koulamallah said a 24-member commando, who seemed intoxicated and disorganised, were only armed with knives and machetes, and attacked the guards of the presidential palace before being swiftly stopped. Koulamallah, who is […]
China Development Bank Approves $254.76m Loan for Kano-Kaduna Railway Project
The China Development Bank has announced approval of a $254.76m loan to support the Kano-Kaduna railway project in Nigeria. According to information released on its website, the financial backing is expected to ensure the seamless continuation of the railway, which is a standard-gauge line stretching 203 kilometres that will link Kano State to the nation’s […]
West Ham Sack Julen Lopetegui After Just Six Months in Charge
West Ham has parted ways with its manager Julen Lopetegui, after just 22 games in charge, with former Chelsea boss Graham Potter expected to replace him The Hammers who face Aston Villa in the FA Cup third round on Friday, are 14th in the Premier League table, seven points above the relegation zone, after just […]