NEWS
First Lady Flags Off Recapitalization Grants For Traders In Abuja
The Renewed Hope Initiative, Economic Empowerment Programme commences the recapitalization grants for 1,000 women petty traders in Abuja. The wife of the president, Senator Oluremi Tinubu, while flagging off the programme in Abuja revealed that a total of N1,850,0000,000.00 would be disbursed to 37,000 women petty traders across the nation. She said that the event would take place simultaneously across the...
TUC Slams VAT Hike, Urges Pro-People Tax Reforms
The Federal Government's proposed increase in the value-added tax rate, as detailed in the Trade Union Congress of Nigeria's Tax Reform Bills, has drawn opposition from the organization, which warns that the action could make Nigerians' financial situation worse. The Federal Government had proposed a phased VAT hike from the current 7.5% to 10%, 12.5%, and ultimately 15%, a move...
Nigeria Ranks 36th On 2024 World Corruption Index
Nigeria has been ranked as the 36th most corrupt nation in the world by Transparency International, a global coalition against corruption. Nigeria was joined by Uganda, Mexico, Madagascar, Iraq, and Cameroon in the same spot with a total score of 26 points. The ranking released on Tuesday highlighted the 2024 corruption perceptions index. The list ranks Denmark as the least corrupt country...
Abia New Commissioner Of Police Assumes Duty (Video)
The newly appointed Commissioner of Police in Abia State, CP Danladi Isa has assumed duty as the 34th CP in the South East state, ABN TV reports. He succeeds AIG Kenechukwu Onwuemelie who has been promoted and redeployed to zone 15 Maiduguri. https://youtube.com/live/DJSy7upyR3U The PPRO in charge of the command, ASP Maureen Chioma Chinaka in a release said CP Isa hails from...
Police Arrest Three Over Forged JAMB Admission Letters
The police have arrested three members of a syndicate that specializes in falsifying admission letters of the Joint Admissions and Matriculation Board, JAMB. This was disclosed by the Police Force Public Relations Officer, Olumiyiwa Adejobi, on Thursday. According to him, the three suspects were arrested in connection with the cases of conspiracy, computer-related forgery and system interference, contrary to sections 8,...
Imo LGA Polls: ISIEC Announces Recruitment
In preparation ahead of the local government elections exercise scheduled to take place on September 21 across the 27 LGAs in the state, the Imo State Independent Electoral Commission, ISIEC, has announced the recruitment of ad hoc staff into some critical vacant positions in the commission to deliver a credible and transparent exercise. A release from the Chairman of the...
FG Launches ₦300bn Series VII Sukuk As Investors Demand Grows
The federal government on Monday launched the ₦300 billion Sukuk Series VII in Abuja as part of efforts to boost infrastructure financing through ethical investment instruments. The issuance received strong interest from investors, with calls for increased allocation to match demand. In her remarks at the launch, Director-General of the Debt Management Office (DMO), Ms Patience Oniha, emphasized that the...
Tinubu Awaits NASS Approval For $21.5bn Loan, ₦758bn Pension Bond
On Tuesday, President Bola Tinubu sent three letters to the National Assembly asking for legislative approval for a new external borrowing plan worth over $21.5 billion and the issuance of ₦757.9 billion in domestic bonds to pay off outstanding national pension liabilities. Tinubu made these requests in three separate letters transmitted to the National Assembly, which were read on the...
Nigerian National Anthem No Longer Allowed In South East, IPOB Declares
The Indigenous People of Biafra (IPOB) has banned the singing of Nigeria’s national anthem in schools and the use of Fulani cows during festive seasons in the South East region. Its Head, Directorate of State, Chika Edoziem, who made the announcement in Enugu, yesterday, urged IPOB members to prepare for a global protest with a focus on the British, Nigerian...
Court To Rule On Nnamdi Kanu’s Bail Application March 19
A Federal High Court in Abuja has fixed March 19, 2024, to rule on the fresh bail application filed by the leader of the Indigenous People of Biafra, Nnamdi Kanu. The court also scheduled March 20, for the commencement of the resumed trial. The trial judge, Justice Binta Nyanko, adjourned after listening to the argument by counsel to parties in the...
