President Bola Tinubu The 19 state governors in the Northern region have aired their strong displeasure on the recent Tax Reform Bill the Federal Government submitted to the National Assembly for approval. The governors particularly rejected the proposed shift to a Derivation-based Model for Value Added Tax distribution. They claim that the proposed model would…
A nascent Niger Delta Militant group has threatened to bomb and shut down oil installations in Niger Delta should any Judge rule and stop allocations to the 23 Local Governments in Rivers State. The group said they can no longer watch as FCT Minister, Nyesom Wike continue to use Federal might and his relationship with…
The Confederation of African Football (CAF) has awarded three points, and three goals to Nigeria for the abandoned game against Libya. The decision follows an investigation into the botched October 15 Africa Cup of Nations qualifier in Benghazi by the CAF Disciplinary Board. Nigeria had walked away from the tie following poor treatment by the…
By Johnbosco Agbakwuru ABUJA – PRESIDENT Bola Tinubu has sacked six Ministers from his cabinet and also forwarded to the National Assembly seven ministerial nominees to take over from the vacant positions. The Ministers that were relieved from the cabinet were Prof. Tahir Mamman, (Education), Uju Kennedy Ohanenye (Women Affairs), Mohammed Gwarzo (State for Housing),…
fuel Group Managing Director, Rainoil Ltd, Gabriel Ogbechie, has asked Nigerians to prepare to pay full market prices for petroleum products as a result of the full deregulation of the downstream sector.After President Bola Tinubu announced that subsidy was gone, the pump price of petrol rose from N198 to N545 per litre and the Nigerian…
Riding on its recently released half-year financials, Africa’s Global Bank – United Bank for Africa (UBA) Plc, has announced its unaudited results for the third quarter ended September 30, 2024, where it recorded strong and impressive growth across all its key indicators. As in the first two quarters of the current fiscal year, the bank’s…
By Elizabeth Adegbesan We are now going back to the old ways of living in Africa. No thanks to the excruciating economic conditions Nigerians are facing. Gone are the days when we compete with brands and qualities of toothpaste. Even the least of the toothpastes cost an arm these days, and only the super-rich can…
By Obas Esiedesa, Abuja Nigeria’s weak electricity grid collapsed again on Saturday morning throwing the country into a nationwide blackout. It is the third time the national power grid has collapsed in the past seven days and the eighth in total this year. A check by Vanguard on data supplied by the National System Operator,…
Police deny chasing man to death in Lagos canal Credit: X|Omorhemi A yet-to-be-identified man has succumbed to the injuries he sustained after falling into a canal in an attempt to escape arrest by policemen who reportedly labelled him a fraudster in the Ayobo area of Ipaja, Lagos State. City Round gathered that a friend to…
Super Eagles stranded for 12 hours at Al Abraq International Airport in Libya The Nigeria Football Federation has decided to pull the Super Eagles out of Tuesday’s 2025 Africa Cup of Nations qualifier against Libya. This follows a frustrating 12-hour ordeal at Al Abraq International Airport in Libya, where the team has been stranded…
