President Bola Tinubu has approved a 15 percent ad-valorem import duty on diesel and premium motor spirit (PMS), also known as petrol. This was announced in a letter dated October 21, 2025, where the private secretary to the president, Damilotun Aderemi, conveyed Tinubu’s approval to the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream […]
The Inspector-General of Police, Kayode Egbetokun, has approved the appointment of Assistant Inspector-General of Police, Nkechi Eze, as the first Director of the newly established Directorate of Force Medical Services. In a statement on Thursday, the Force Public Relations Officer, CSP Benjamin Hundeyin, said Eze’s appointment follows the recent upgrade of the Nigeria Police Force […]
Nobel laureate, Professor Wole Soyinka, on Tuesday announced that the United States of America has revoked his visa, making his entry into the country impossible for now. Soyinka disclosed this during a media parley held at Kongi’s Harvest Gallery, Freedom Park, Lagos Island, saying he was unaware of any wrongdoing that could have warranted the […]
A new report published by Quartus Economics has revealed that Nigeria’s economy has experienced a significant improvement; however, poverty levels in the country continue to rise. Between 2014 and 2023, Nigeria’s GDP growth slowed due to internal policy challenges, structural weaknesses, and external economic shocks. The country’s apex bank, the Central Bank of Nigeria (CBN), […]
The Senate will on Wednesday screen the newly appointed service chiefs nominated by President Bola Tinubu as part of ongoing efforts to overhaul Nigeria’s security architecture. Tinubu, in a letter read by Senate President, Godswill Akpabio, during Tuesday’s plenary, urged lawmakers to give “expeditious consideration” to the appointments. The President named General Olufemi Oluyede as […]
The Federal Capital Territory High Court in Maitama, Abuja, on Monday, adjourned till December 1 for the hearing of a preliminary objection filed by Senator Natasha Akpoti-Uduaghan in her trial for alleged defamation of Senate President, Godswill Akpabio, and former Kogi State Governor, Yahaya Bello. The trial judge, Justice Chizoba Oji, fixed the date after […]
The detained leader of the proscribed Indigenous People of Biafra, Nnamdi Kanu, on Monday, abandoned his earlier plan to call witnesses in his ongoing trial before the Federal High Court in Abuja. Kanu is being prosecuted on seven counts of terrorism charges brought against him by the Federal Government. On Friday, Kanu had prayed the […]
Nigeria Association of Resident Doctors (NARD) has announced a total and indefinite nationwide strike beginning on Friday at 11:59 p.m. This decision means that public hospitals nationwide may experience major service disruptions in the coming days. The strike decision was reached after a five-hour emergency National Executive Council meeting on Saturday. The NEC, which is […]
The Central Bank of Nigeria has released a total sum of $1.259bn to oil sector players for the importation of petroleum products and other related items into the country, The PUNCH reports. The amount released between the first three months of 2025 is against the backdrop of the insistence of marketers to continue fuel import […]
Less than three months to the take-off of the new tax system, the Federal Government has activated a broad package of revenue optimisation measures anchored on technology, institutional reform and fiscal transparency. The series of fiscal reforms is aimed at weaning the economy off dependence on oil, reducing revenue leakages that have plagued public finance […]
