Senate Gives NNPCL 10 Days to Answer ₦200tn Financial Queries

Senate Gives NNPCL 10 Days to Answer ₦200tn Financial Queries

The Senate Committee on Public Accounts has issued a 10-day ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) Group Chief Executive Officer Bayo Ojulari to respond to 11 critical financial queries related to discrepancies in its audited financial statements, warning that failure to comply could attract serious constitutional consequences. The committee, chaired by Senator Aliyu […]

Nigeria Loses $1.1bn Annually to Medical Tourism — Afreximbank

Nigeria Loses $1.1bn Annually to Medical Tourism — Afreximbank

The African Export-Import Bank has revealed that Nigeria loses an estimated $1.1bn annually to medical tourism, a trend it described as a significant drain on the country’s foreign exchange and a major impediment to the development of its healthcare sector. Speaking during the 32nd Afreximbank Annual Meetings held in Abuja on Thursday, the Bank’s Export […]

INEC Sets Dates for Bye-Elections, Resumes Voter Registration

INEC Sets Dates for Bye-Elections, Resumes Voter Registration

The Independent National Electoral Commission (INEC) has announced dates for a series of crucial electoral activities, including bye-elections, court-ordered re-run polls, and the resumption of the Continuous Voter Registration (CVR), as part of preparations for upcoming polls across the country. INEC Chairman, Prof. Mahmood Yakubu, disclosed this during the second quarterly consultative meeting with leaders […]

President Tinubu Signs New Tax Bills Into Law

President Tinubu signs new tax bills into law

President Bola Tinubu  on Thursday signed the four new tax bills passed by the National Assembly into law, describing it as the most comprehensive, pro-poor tax reform in Nigeria’s history.The bills signed into law are: the Nigeria Tax Bill (Ease of Doing Business), the Nigeria Tax Administration Bill,  the Nigeria Revenue Service (Establishment) Bill, and […]

Senate Passes ₦1.485 Trillion Rivers State 2025 Budget 

Senate Passes ₦1.485 Trillion Rivers State 2025 Budget 

The Senate has passed the 2025 budget of Rivers State, totaling ₦1.485 trillion, following the third reading of the appropriation bill on the Senate floor on Wednesday. The passage came after the upper chamber considered the report of the Ad-Hoc Committee on Rivers State during the Committee of Supply session. The bill seeks to authorize […]

NYSC Denies Extending Rita’s Service Year Over Tinubu Criticism

NYSC Denies Extending Corps Member Raye’s Service Over Tinubu Criticism

The National Youth Service Corps (NYSC) has denied extending the service year of Lagos corps member Rita Uguamaye, popularly known as Raye, over her past criticism of President Bola Tinubu and Lagos State. Rita went viral months ago for condemning economic hardship under the current administration and describing Lagos as “smelling” with “poor living conditions.” […]

Sanwo-Olu Marks 60th Birthday with Joyful Worship and Dance

Sanwo-Olu Marks 60th Birthday with Joyful Worship and Dance

Lagos Governor Babajide Sanwo-Olu celebrated his 60th birthday today, June 25, marking the milestone with a heartwarming praise and worship session. The governor, in high spirits for his diamond jubilee, joined family, friends, and well-wishers at a morning thanksgiving service held in his honor. During the event, Governor Sanwo-Olu expressed deep gratitude to God, dancing […]

Kenya Protest Anniversary Turns Violent

Kenya Protest Anniversary Turns Violent

Protesters clashed with police in Kenya on Wednesday as the country marked one year since deadly anti-government demonstrations over tax hikes and economic hardship. Last year’s unrest peaked on June 25 when demonstrators stormed parliament, leading to the deaths of at least 60 people at the hands of security forces. While some called for peaceful […]

Favour Ofili Switches Allegiance to Turkey

Favour Ofili Switches Allegiance to Turkey

Nigerian sprinter and 150m world record holder, Favour Ofili, has reportedly switched her sporting allegiance to Turkey, just months before the 2025 World Athletics Championships in Tokyo. According to reports, the 22-year-old athlete informed the Athletics Integrity Unit (AIU) that her decision was not financially motivated, but stemmed from her long-standing dissatisfaction with how Nigerian […]

Oil Prices Surge as U.S., Israel Strike Iran

Oil Prices Surge as U.S., Israel Strike Iran

Oil prices have jumped today to their highest since January as the United States’ weekend move to join Israel in attacking Iran’s nuclear facilities stoked supply worries. Brent crude futures was up $1.92 or 2.49% at $78.93 a barrel as West Texas Intermediate crude advanced $1.89 or 2.56% to $75.73. Both contracts jumped by more […]