Chad Ends Defence Cooperation Agreement With France
Chad’s government has ended its defence cooperation pact with France, a move that could see French troops leave the Central African country. In a statement, Chad’s foreign ministry said the country, a key Western ally in the fight against Islamic militants in the region, wanted to fully assert its sovereignty after more than six decades […]
Super Eagles Drop Eight Places In Latest FIFA World Ranking
The latest FIFA rankings released on Thursday has Nigeria recording the most significant drop following unimpressive performances in the last international window. In the November rankings, the three-time African champions plummeted from 36th to 44th globally, an 8-place drop. From its previous 1503 total points, the team’s points now stands at 1482.23. Among African teams, […]
Senate Passes Tax Reform Bills For Second Reading
The Nigerian Senate has passed for second reading the Tax Reform Bills, a set of four legislative proposals, which among other things, seek to increase the Value-Added Tax (VAT) distributable to states to 55 percent while reducing the Federal Government’s share to 10 percent. The new legislative regimes also proposed zero VAT on exports and […]
President Tinubu Woos French Investors in State Visit
President Bola Tinubu has affirmed Nigeria’s strong commitment to enhancing cooperation in key sectors such as food security, energy, solid minerals, education, and defense during a high-profile meeting with French President Emmanuel Macron at the prestigious Palais des L’Élysée on Thursday. At a joint press conference, in France, President Tinubu highlighted the vast, yet largely […]
Akwa Ibom Declares Nov. 29 Holiday to Honor Late First Lady
Akwa Ibom State government has declared Friday, November 29, a work-free day in honour of the late first lady, Patience Umo-Eno. A statement from the Secretary to the state government, Enobong Uwah, said the public holiday is to allow Akwa Ibom residents and other well-wishers to pay their final respects to the departed First Lady […]
Van Nistelrooy Set To Be Appointed Leicester Boss
Ruud van Nistelrooy is set to be appointed as Leicester City’s new manager. The 48-year-old Dutchman would replace Steve Cooper, who was sacked after just 157 days in charge following Saturday’s 2-1 Premier League defeat by Chelsea. Van Nistelrooy’s appointment comes two weeks after he left his role as interim head coach at Manchester United, […]
Israel-Hezbollah Ceasefire Begins After Year of Conflict
A ceasefire between Israel and Hezbollah has come into effect in Lebanon after more than a year of fighting. It began at 04:00 AM local time today, putting an at-least temporary end to nearly 14 months of conflict between Israel and the Iran-backed militant group. The deal was announced on Tuesday evening by Israel, France […]
CBN Raise Monetary Policy Rate From 27.25 To 27.50
Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate to 27.50 per cent from 27.25 per cent as part of efforts to combat surging inflation. The CBN governor, Yemi Cardoso, announced this at the end of its last Monetary Policy Committee meeting in Abuja, making it the sixth rate hike this year. Cardoso […]
Man City’s Defensive Woes continue After Draw With Feyenoord
Pep Guardiola has said his Manchester City side were “fragile”, while they were also labelled “weak” and “frail” after surrendering a 3-0 Champions League lead against Feyenoord at Etihad Stadium. Instead of heading to Liverpool on the back of a morale-boosting win, the defending Premier League champions face their title rivals at Anfield on Sunday […]
President Tinubu Celebrates Port Harcourt Refinery Revival
President Bola Tinubu has extended his heartfelt congratulations to the Nigeria National Petroleum Company Limited (NNPCL) on the successful revitalisation of the Port Harcourt refinery, marked by the official commencement of petroleum product loading on Tuesday. A statement by Special Adviser to the President (Information & Strategy), Bayo Onanuga, said the president acknowledged the pivotal […]