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601 Results / Page 1 of 67
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Govs propose new VAT sharing formula, okay tax bills

The Nigeria Governors’ Forum has reiterated its strong support for the comprehensive reform of Nigeria’s outdated tax laws and approved a revised Value Added Tax distribution formula, with 50% allocated based on equality. In a communique issued by its Chairman, Kwara State Governor, AbdulRahman AbdulRazaq, the NGF expressed its support for modernizing the country’s tax system. The statement, shared with journalists in Abuja after the subnational consultation and engagement with […]

todayJanuary 17, 2025 6

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Dangote refinery projects 650,000bpd June, plans crude import

Facility now producing 500,000bpd as officials look beyond Nigeria to meet demand for product The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company Limited becomes insufficient for fuel production at the $20bn Lekki-based facility. Officials at the plant said the facility has ramped up production to about 500,000 barrels per day, with the target of hitting the 650,000bpd mark by […]

todayJanuary 17, 2025 16

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Nigeria, China plan collaboration on military training, arms production

China announces CN¥1bn grant for Nigeria, others, to train over 7,000 military personnel The Federal Government says it is deepening its security partnership with the People’s Republic of China for local arms production and military training. It says this forms part of its broader strategy to tackle terrorism and other forms of insecurity within and outside its borders. Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, stated this when he briefed […]

todayJanuary 10, 2025 11

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Lagos private schools owners, US firm sign $1bn MoU on AI initiative

A US-based multinational company, Digital Learning Network, and the National Association of Proprietors of Private Schools Lagos, on Thursday signed a Memorandum of Understanding for the implementation of the transformation of the artificial intelligence smart schools initiative for the average student in Nigeria. The MoU will facilitate the provision of educational infrastructure, the launch of one laptop per learner, and the integration of technology in learning, enhancing the capacity of […]

todayJanuary 10, 2025 10

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IG orders clampdown on killers of policemen in Borno

The Inspector-General of Police, Kayode Egbetokun, has ordered an immediate clampdown on those responsible for the explosion at Nganzai Divisional Police Headquarters in Borno State, which claimed the lives of two police officers. The attack, which occurred on January 9, 2025, at around 12:10 a.m., resulted in the deaths of Inspector Bartholomew Kalawa and Corporal Mustapha Huzaifat. A statement by the Command’s Public Relations Officer, ASP Nahum Daso, noted that […]

todayJanuary 10, 2025 9

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Trump sets up meeting with Putin amid Ukraine conflict

US President-elect Donald Trump said Thursday that Russian leader Vladimir Putin wanted to meet and that a rendezvous between the pair was being arranged. He made the statement just a week and a half before taking office, following promises during his campaign to bring peace to Ukraine, which has been under Russian invasion since February 2022. “He wants to meet, and we’re setting it up,” Trump said at a meeting […]

todayJanuary 10, 2025 7

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Police nab suspected cult leader in Ogun, recover two pistols 

Operatives of the Ogun State Police Command have arrested a 25-year-old suspected leader of the Alora cult, Abiodun John, with an illegal firearm during a routine stop-and-search duty along the Akute/Olambe Road in the Ifo Local Government Area of the state. The command’s spokesman, Omolola Odutola disclosed this in a statement sent to journalists on Friday. Odutola said John was reportedly arrested on Thursday at about 3:30 p.m. following a […]

todayJanuary 10, 2025 7

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Naira abuse: Policeman in viral video with Okoya’s sons detained for misconduct

The Nigeria Police Force has detained a yet-to-be-named officer seen in a viral video with Wahab and Raheem, sons of billionaire businessman, Chief Razaq Okoya, abusing naira. This was disclosed by the Force Public Relations Officer, Olumuyiwa Adejobi on his X handle on Friday. According to him, the moment captured in the video involving the police officer is unethical and contrary to the values of the force, stressing that disciplinary […]

todayJanuary 10, 2025 9

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Lagos female teacher remanded for assaulting three-year-old pupil

A 45-year-old teacher, Stella Nwadigo, has been remanded by the Ogba Chief Magistrate Court on Thursday for assaulting a three-year-old pupil of Christ-Mitos Primary School in the Ikorodu area of Lagos State. A viral video on Wednesday showed Nwadigbo slapping the toddler at intervals for not learning to write numbers fast. The video attracted public condemnation and outrage, leading to the teacher’s arrest. During the arraignment, the police prosecutor, Supol […]

todayJanuary 10, 2025 13

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