Nigerians will pay an additional amount of about N1tn (N973.6bn) annually on petrol imports following the Federal Government’s planned introduction of a 15 per cent import tariff on Premium Motor Spirit (petrol), a price analysis conducted by The PUNCH has shown. According to a petrol import trend report obtained from the Nigerian Midstream and Downstream […]
The Nigeria Civil Aviation Authority has concluded plans to introduce a new $11.50 levy on all international air tickets for inbound and outbound passengers, a move that could yield over $1bn in revenue over the next two decades, and has sparked concerns among operators. The new charge, classified as a security fee, is tagged the […]
Governor Monday Okpebholo of Edo State has signed into law a bill prescribing a 10-year jail term for anyone who violently or forcefully gains entry into state-owned property. The governor also assented to another provision stipulating a five-year imprisonment for individuals involved in the unauthorized sale or transfer of government property without the governor’s consent. […]
Ugandan security forces have said they repelled coordinated attacks on police stations over the weekend in several districts, including Kasese on the western border. The attacks resulted in the deaths of nearly 20 assailants, who the authorities described as criminals wielding firearms and machetes. The police have specifically dismissed speculations that the attacks could be […]
The Ekiti State Government has denied that it was constructing a new governor’s lodge for the governor, Biodun Oyebanji and his deputy, Monisade Afuye, for N1.8 billion. It would be recalled that a report by an online media had alleged that the state government has released and spent N470 million on the construction of a […]
President Bola Tinubu has approved the appointment of five new Permanent Secretaries in the Federal Civil Service to fill existing vacancies, the Office of the Head of the Civil Service of the Federation (OHCSF) announced on Monday. The newly appointed Permanent Secretaries are Ibrahim Abdulkarim Ozi (Federal Capital Territory), Ezemama John Chidiebere (Imo State), Garba […]
The Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has claimed that she was briefly stopped from travelling abroad on Tuesday after immigration officials seized her international passport at the Nnamdi Azikwe International Airport in Abuja. In a Facebook live video obtained on Tuesday, the lawmaker was seen confronting immigration personnel over the action, which she described […]
The Federal High Court in Abuja, on Tuesday, gave the leader of the Indigenous People of Biafra, Nnamdi Kanu, until November 5 to defend the terrorism charges filed against him or risk waiving his right to do so. The trial judge, Justice James Omotoso, advised Kanu to consult legal practitioners experienced in criminal law to […]
Nigeria’s star striker Victor Osimhen says he is ready to take Galatasaray to new heights in the UEFA Champions League, insisting, “It’s time to make a statement in the most prestigious games.” After starring for Lille and Napoli, the 26-year-old forward returns to Europe’s elite competition wearing Galatasaray’s yellow-and-red, where he has quickly become a […]
Speaking shortly after being sworn in for a second term at a closed-door ceremony held under tight security at a military base in Dodoma, President Samia Suluhu Hassan praised the country’s electoral body for conducting what she termed a “peaceful, fair, and efficient” election, and dismissed criticism from regional and international observer missions as “external […]
President Bola Tinubu is set to conclude the appointment of ambassadors to Nigeria’s foreign missions worldwide after months of diplomatic gaps and growing pressure over the country’s absence of envoys abroad, The PUNCH has learned. Multiple Presidency officials familiar with the development told our correspondent that the President had ordered a “final cleanup” of the […]
Nigeria’s sovereign dollar bonds, which initially plunged on Monday following US President Donald Trump’s threat of military action against the country, are expected to rebound as investors shrug off the remarks and refocus on the nation’s improving fundamentals. This is as the chief executive of the Centre for the Promotion of Private Enterprise (CPPE), Dr […]