October 19, 2025
Lagos, Nigeria

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Nigeria Nets ₦600bn in VAT from Facebook, Netflix as Tax Act Reforms Kick In

Nigeria has successfully collected more than ₦600 billion in Value Added Tax (VAT) from global digital service providers, including Facebook, Amazon, and Netflix. This milestone follows amendments to the VAT Act, which empowered the Federal Inland Revenue Service (FIRS) to bring non-resident companies offering services in Nigeria into the tax net. These firms, though not

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Politics

Cross River PDP Leaders Endorse Ikem for Continuity, Pledge to Unseat Otu in 2027

The Peoples Democratic Party (PDP) in Cross River State has declared its determination to reclaim the governorship in 2027, pledging to unseat Governor Bassey Otu of the All Progressives Congress (APC). The resolve was made public after a meeting of party leaders and stakeholders in Calabar, where members also reaffirmed their confidence in Barrister Venatius

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News

NUPENG Calls Off Strike After Dangote Agrees to Unionise Workers

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its two-day strike after reaching an agreement with the Dangote Refinery and the Federal Government. The strike, which had led to widespread fuel supply disruptions across several states, was called off on Tuesday following a conciliation meeting in Abuja. The agreement was brokered

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News

JAMB Panel Uncovers Over 6,000 Tech-Driven Exam Malpractices

The Special Committee on Examination Infractions, set up by the Joint Admissions and Matriculation Board (JAMB), has revealed more than 6,000 cases of advanced, technology-enabled malpractices in the 2025 Unified Tertiary Matriculation Examination (UTME). The committee’s chairman, Dr. Jake Epelle, presented the report on Monday at JAMB’s headquarters in Abuja. According to the findings, the

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Uncategorized

Presidency dismisses Melaye’s criticism of Nigeria’s debt profile

The Presidency has dismissed remarks by former Kogi West senator, Dino Melaye, on the country’s rising debt, describing them as political theatrics rather than a substantive economic critique. In a statement posted on his verified X handle on Tuesday, Special Adviser to President Bola Tinubu on Media and Public Communication, Sunday Dare, characterised Melaye’s recent

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Politics

INEC: Over 3.5 Million Nigerians Pre-Registered; North Steps Up Voter Outreach

Southern states are dominating the ongoing Continuous Voter Registration (CVR) exercise, with Osun, Lagos, and Ogun consistently topping online pre-registration figures, while northern states intensify mobilisation drives to close the widening gap ahead of the 2027 general elections. According to the Independent National Electoral Commission (INEC), more than 3.5 million Nigerians have completed online pre-registration

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News Politics

Tinubu Fires Digital Economy Aide

President Bola Tinubu has sacked Fegho John Umunubo, the Special Assistant to the President on Digital and Creative Economy in the Office of the Vice President. The announcement was made on Monday in a statement signed by the State House Director of Information and Public Relations, Abiodun Oladunjoye, which confirmed that Umunubo’s disengagement takes immediate

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Economy

CBN Signals Lending Rate Relief As Inflation Eases

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has hinted that lending rates may decline in the coming months as inflation continues to ease, raising hopes for improved access to credit and stronger investment flows. Speaking at the European Business Chamber (Eurocham Nigeria) C-Level Forum in Lagos on Saturday, Cardoso explained that headline

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News

NUPENG Absent at Abuja Conciliation, Strike Action Continues

The ongoing face-off between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Dangote Petroleum Refinery has escalated, with the union commencing a nationwide strike on Monday, September 8, 2025, despite the intervention of the Federal Government. The strike, which effectively halts the distribution of fuel across the country, stems from allegations

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News

Nigeria Intensifies Border Screening Amid Ebola Outbreak in DR Congo

Nigeria has stepped up monitoring and screening procedures at all ports of entry, airports, seaports, and land borders, in response to a fresh outbreak of Ebola Virus Disease (EVD) in the Democratic Republic of Congo (DRC). The Federal Government said measures are being tightened to prevent the importation of the virus, which has resurfaced in

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