Monday 21 October 2024 NASS moves to reintroduce 5% excise duty on telecom, betting services High cost of toothpaste: Nigerians return to chewing stick CSOs kick as Police arrest, disperse #EndSARS memorial protesters Civil war: You supervised Igbo massacre, IPOB replies Gowon Out-of-school syndrome, recruitment for future Boko Haram – Obasanjo Current insecurity worse than […]
Despite the huge investment in the power sector, the national grid collapsed about 105 times under the administrations of President Bola Tinubu and his predecessor, Muhammadu Buhari, The PUNCH reports. Findings on Sunday showed that Nigeria secured about 10 loans worth $4.36bn from the World Bank over the past decade to address key challenges in […]
The price of Liquefied Petroleum Gas (cooking gas) has skyrocketed from N700/kg in June 2023 around when President Bola Tinubu assumed office to N1,500/kg in October 2024, The PUNCH reports. This represents about a 114 per cent increase within the 16 months. Our correspondent gathered that the increase in LPG is connected to the rising […]
The Department of State Services (DSS) has replaced Adegboyega Fasasi as chief security officer (CSO) to President Bola Tinubu. TheCable understands that the DSS has deployed Rasheed Lawal, a deputy director within the secret police, as the president’s new CSO. A State House source said the request for the replacement reportedly came from Tosin Ajayi, […]
The Central Bank of Nigeria (CBN) has once again extended the suspension of processing fees on cash deposits above N500,000 for individuals and N3,000,000 for corporates until March 31st, 2025. This latest decision allows individuals and corporate entities to continue depositing cash exceeding these thresholds without incurring additional charges until the end of the first […]
Thomas Olamide, one of the protesters arrsted at Lekki tollgate in Lagos, on Sunday, has raised an alarm over alleged theft. Daily Trust had reported how some of the protesters who converged on the Lekki tollgate in commemoration of the shooting by soldiers on October 20, 2020, were arrested. Traveling across Quang Binh to stunning […]
The Nigerian Army has dismissed the rumoured death of Taoreed Lagbaja, the chief of army staff (COAS), as fake news. There have been public concerns about the whereabouts of the army chief. On Sunday, Jackson Ude, an X user, made a post claiming that COAS had died of cancer in a hospital abroad. “CHIEF OF […]
The Transmission Company of Nigeria (TCN), has promised a backup or buffer system to ensure that Nigerians won’t be thrown into blackout whenever the national grid collapses. TCN Managing Director, Sule Abdulaziz, stated this Channels Television’s Sunday Politics programme. He blamed aged infrastructure as old as 50 years for the frequent grid collapses in the […]
No fewer than 15 generals of the Nigerian Army from the Artillery Corps have bowed out of service. PUNCH Online reports that the Artillery Corps delivers heavy firepower support to allied forces positioned at the front lines on the battlefield. In a post on Sunday on X, the Nigerian Army said the retired officers consist […]
The national assembly has proposed a five percent excise duty on telecommunications services, gaming, betting, and lottery activities. On July 6, 2023, President Bola Tinubu signed four executive orders, including the suspension of the 5 percent excise tax on telecommunication services to ameliorate the negative impact of tax adjustments on businesses and households. According to […]
