Despite President Bola Tinubu’s executive order in June 2024 aimed at reducing drug costs by abolishing tariffs, excise duties, and Value Added Tax on pharmaceutical machinery and raw materials, Nigeria continues to battle soaring medication prices. The intended policy, designed to ease the financial burden on patients, remains largely unenforced, leading to no relief for […]

The National Commission for Colleges of Education has uncovered and shut down 22 illegal Colleges of Education. The discovery was made during a crackdown on illegal colleges of education in the country. The development was revealed in the commission’s achievements, seen by our correspondent. “The NCCE identified and shut down 22 illegal Colleges of Education […]

Britain’s advertising regulator on Wednesday banned an advert for Sanex shower gel, owned by US consumer goods group Colgate-Palmolive, for suggesting black skin was “problematic” and white skin was “superior”. The Advertising Standards Authority said it took action after two complaints that the TV ad perpetuated negative stereotypes about people with darker skin. The ad, […]

The authorities of Nnamdi Azikiwe University, Awka, have banned final-year students from participating in examination orchestration signing off. In a press release on Tuesday, signed by the Registrar, Dr. Chinenye Okeke, the ban takes immediate effect. Okeke cited chaos, violence, and disruption of normal university activities as the reasons behind the directive. The statement read […]

The Federal Government has approved a 50 per cent increase in scholarship grants across all academic levels as part of a major overhaul of its national scholarship programme. Minister of Education, Dr Tunji Alausa, disclosed this on Wednesday during a high-level meeting with officials of the Federal Scholarship Board in Abuja. He said the scholarship […]

The Federal Government may rake in N796bn annually from the introduction of a five per cent surcharge on locally produced and imported petrol, based on its new tax policy slated to take effect from January 1, 2026, an analysis by The PUNCH has revealed. The five per cent surcharge on refined petroleum products is contained […]

President Bola Tinubu has approved a one-year extension of the tenure of the Comptroller-General of the Nigeria Customs Service, Bashir Adewale Adeniyi. Adeniyi, whose tenure was initially set to expire on August 31, 2025, will now remain in office until August 2026. According to a statement signed by the President’s Special Adviser on Information and […]

The Nigerian National Petroleum Company Limited has confirmed its intention to raise additional funding to complete the rehabilitation of the Port Harcourt Refining Company and the other two refineries it operates. The company also declared that the PHRC is not for sale. Within two decades, from 2002 to 2012, NNPC secured funding approval of over […]

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