Abdelhakim Al-Shalmani, President of the Libyan Football Federation, has tendered his resignation. According to The Libya Observer, Al-Shalmani’s resignation was announced during a regular meeting of the Federation’s General Assembly on Sunday. “I do not want to be part of the failure in Libyan sports,” Al-Shalmani stated. While expressing gratitude […]
Other News
Nigeria Must Sustain 15 Years Of Reforms To Ensure Impact — World Bank
The World Bank has stated that Nigeria must maintain its ongoing economic reforms for the next 10 to 15 years to establish itself as a leading economic power, not only in sub-Saharan Africa but also on the global stage. These reforms, according to the bank, are crucial for ensuring sustainable growth […]
Petrol Smugglers Made ₦17m Per Truck Under Subsidy Regime, Says Kyari
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, says petrol smugglers took advantage of the loopholes in the subsidy regime by making around ₦17m per truck in neighbouring countries. Briefing journalists in Abuja, the NNPCL boss said cross-border smuggling was rampant due to the fuel subsidy, with […]
Again, National Grid Collapses
The national electricity grid has collapsed again, The PUNCH reports. The grid collapsed at about 6:18 pm on Monday, leaving Nigerians in darkness. Checks by our correspondent confirmed that power generation dropped from 3.87 gigawatts at 5 pm to 3.56GW at 6 pm and 0.00GW at 7 pm and 8 […]
Passenger Operations Begin On The Lagos Red Line Rail System Today
https://www.youtube.com/watch?v=g2yDpZUEXJc?si=yGwZjU76t8EswG4G Lagos Metropolitan Area Transport Authority LAMATA @Lamataonline On Tuesday, 15th October 2024, Lagos State Governor, Mr. Babajide Sanwo-Olu will flag off passenger operations of the first phase of the Lagos Rail Mass Transit (LRMT) Red Line, second rail system to become operational in less than two years in Lagos. […]
₦1,030: Petrol Price May Go Up Again, Experts Warn
•We have to be extremely careful when we push for a complete deregulation – Muda Yusuf Against the backdrop of the presumed full deregulation of Premium Motor Spirit (PMS), also known as petrol, which was believed to have led to the hike in the price of the product, last week, the […]
NNPCL To Release N15bn Worth Of Products To Marketers After DSS Intervention
A peace agreement has been reached between the Nigerian National Petroleum Company Limited (NNPCL) and independent oil marketers, following a mediation led by the Director General of the Department of State Services (DSS), Adeola Ajayi. The agreement will see NNPCL allow the loading of products to cover the N15 billion owed […]
NASS Considering Bill Seeking To Increase VAT From 7.5% To 10% By 2025
any other company, at the rate of-(i) 27.5% in 2025 year of assessment, and(ii) 25% from 2026 year of assessment,” the document added. “Notwithstanding any provision of this Act or any other enactment, where, in any year of assessment, the effective tax rate of a company is less than 15%, […]
US To Send Air Defense Battery And American Troops To Israel
The United States will send a Terminal High Altitude Area Defense battery and troops to Israel, the Pentagon said Sunday, even as Iran warned Washington to keep American military forces out of Israel. Maj. Gen. Pat Ryder, Pentagon spokesman, said in a statement that Defense Secretary Lloyd Austin authorized the […]
NFF Pulls Super Eagles From AFCON Qualifier After Libyan Airport Nightmare
The Nigeria Football Federation has decided to pull the Super Eagles out of Tuesday’s 2025 Africa Cup of Nations qualifier against Libya. This follows a frustrating 12-hour ordeal at Al Abraq International Airport in Libya, where the team has been stranded since their arrival on Sunday afternoon. The PUNCH reports […]