The significant increase in Value Added Tax (VAT) collections in Q3’24 compared with the previous quarter partly mirrors the impact of the naira’s depreciation as well as the persistently high cost of living in the country, analysts at CSL Research have said. The analysts stated this in a report which focused […]

Out of the N5.718 trillion distributable Value Added Tax (VAT) revenue shared by the Federation Accounts Allocation Committee (FAAC) between January and November 2024, three states and the FCT earned N4.183 trillion as their share, leaving the remaining 33 states to share the remaining N1.534 trillion. Based on the current […]

More than 200 suspects who were linked with the terrorism activities in different parts of the country have been convicted by the Federal High Courts (FHC) in the country after they were found guilty of the offences, Daily Trust reports. Some of the suspects, according to the National Counter-Terrorism Centre […]

A former Kano State governor, Ibrahim Shekarau, has said that Nigerians should not be bothered about zones but should place priority on credibility ahead of the 2027 presidential election. The debates about power returning to the northern part of the country in 2027 have been going on for a while […]

The ongoing construction of the federal government’s multi-billion Naira “Renewed Hope” Bio-Methanol Pilot Plant in Akpugo, Enugu State, has been halted by the Chairmen of Nkanu West and Nkanu East Local Governments, Mr. John Ogbodo and Mr. Sidney Edeh, respectively. Reports indicate that the two council leaders, accompanied by police […]

The People’s Democratic Party (PDP) has denied reports that it invited former President Goodluck Jonathan to join the 2027 presidential race on its platform. Deputy National Publicity Secretary of the PDP, Ibrahim Abdullahi, denied the reports in an interview with BBC Hausa, saying the party did not issue its presidential […]

Nigeria has made its first full payment of the Economic Community of West African States (ECOWAS) levy in 19 years, contributing N85.54 billion and $54 million for 2023 and part of 2024. Omar Touray, president of the ECOWAS Commission, made the announcement during the 66th ordinary summit of ECOWAS in […]

🇨🇳 Chinese President Xi Jinping has reportedly rejected Donald Trump’s invitation for a history-making guest appearance at next month’s presidential inauguration. The snub, reported by CBS News, will come as a blow to the president-elect and his plans for a spectacular swearing-in event on January 20 to mark his return […]

Governor Abba Kabir Yusuf of Kano State has in a landmark cabinet reshuffling, sacked his Secretary to the Government, Abdullahi Bichi and Chief of Staff, Shehu Sagagi and redeployed his Deputy Governor, Aminu Abdussalam. The hints were dropped by the Governor Spokesperson, Sunusi Bature Dawkin Tofa, explaining that SSG Bichi […]