News

Senate Passes Two Tax Reform Bills, Rejects VAT Increase

  • May 8, 2025
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  The Nigerian Senate has passed two of the four tax reform bills proposed by President Bola Tinubu, marking a significant step towards overhauling the country’s tax system. The two bills that were approved are the Nigeria Revenue Service Establishment Bill and the Joint Revenue Board Establishment Bill. The bills were passed on after the […]

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Nigeria Clears $1.61 Billion IMF Debt, Removed from List of Debtors

  • May 8, 2025
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  Nigeria has fully repaid its $1.61 billion debt obligation to the International Monetary Fund (IMF). According to the IMF’s website, Nigeria has been removed from the list of countries owing the international financial agency. Data from StatiSense, a popular data company, reveals that Nigeria paid off the debt in gradual installments, from $1.61 billion […]

Police Officers Caught in Viral Misconduct Video Summoned for Investigation

Several police officers captured in a viral video allegedly engaging in misconduct have been summoned by authorities for questioning, sparking widespread public attention and renewed calls for accountability within the police force.   The video, which surfaced online earlier this week and quickly gained traction across social media platforms, appears to show uniformed officers involved […]

FG Orders NNPC to Boost Oil Production by Year-End

In a bold move to strengthen Nigeria’s economy and reassert its dominance in Africa’s oil sector, the Federal Government on Wednesday directed the Nigerian National Petroleum Company Limited (NNPC Ltd.) to significantly increase crude oil production beyond current levels by the end of the year.   The directive comes as part of President Bola Ahmed […]

2027 Polls: Bwala Dismisses Coalition Talks as ‘Political Hallucination’

Daniel Bwala, Special Adviser to President Bola Tinubu on Policy Communication, has dismissed recent efforts by opposition figures to form a coalition ahead of the 2027 general elections, describing the move as nothing more than “political hallucination.”   Bwala made the remark following the defection of former Kaduna State Governor Nasir El-Rufai from the ruling […]

LAMATA Pushes for Mass Transit Reform as Over 75,000 Commercial Buses Operate in Lagos

The Lagos Metropolitan Area Transport Authority (LAMATA) has disclosed that over 75,000 commercial minibuses, popularly known as danfos, are currently operating on Lagos roads, highlighting the urgent need for a more efficient and modern mass transit system in the state. The revelation was made by LAMATA’s Managing Director, Engr. Abimbola Akinajo, during the second edition […]