The Central Bank of Nigeria (CBN) has revoked the operating licenses of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for various offences. It disclosed this in a circular issued on Tuesday, December 16, signed by its Acting Director, Corporate Communications Department, Hakama Ali. According to CBN, the move was part …
As Nigerians look forward to the implementation of new tax laws, the Federal Inland Revenue Service (FIRS) said one key change in the Nigeria Tax Act (NTA) 2025 is the pegging of the development levy at a single rate of four per cent. The Coordinating Director of the Medium Taxpayers Group at the FIRS, Dick …
The Economic Community of West African States (ECOWAS) has resolved to impose targeted sanctions on individuals and groups responsible for the unconstitutional change of government in Guinea-Bissau. The regional bloc also called for a swift transition led by an inclusive government and the immediate release of all political detainees. ECOWAS Threatens Sanctions Reading the communiqué …
The Trump administration has unveiled a campaign to hire 1,000 engineers for two-year stints in federal government roles, according to a government website on Monday. The initiative seeks professionals with expertise in software engineering, artificial intelligence, cybersecurity, and data analytics. Successful candidates will be placed in positions across various government agencies, with most roles located …
ActionAid Nigeria has called on President Bola Ahmed Tinubu to intervene urgently and order a public investigation into allegations of financial misconduct against Mr Farouk Ahmed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The allegations surfaced following media reports and whistleblower revelations by business mogul Alhaji Aliko Dangote. It is …
Hundreds of thousands of displaced Palestinians face heightened danger from flooding and freezing temperatures as Storm Byron batters the Gaza Strip, the UN warned Monday. The enclave, already reeling from two years of war, has been devastated by the severe winter storm. Palestinian sources report that 12 people have died, thousands of makeshift homes have …
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has recovered N37.44 billion and $2.353 million so far in 2025, the agency’s spokesman, John Okor Odey, announced on Sunday. The recoveries were made through asset seizures and forfeitures, marking one of the commission’s most significant annual hauls to date. ICPC Chairman Dr. Musa Adamu …
As economic hardship continues to push more Nigerians into food insecurity, the Walkiya Humanitarian Foundation on Saturday in Abuja called on the Federal Government and corporate organisations to institutionalise social responsibility initiatives aimed at supporting vulnerable citizens who struggle to afford basic meals. The call was made by Dr Dominic Egwuda, Executive Director of Walkiya …
An estimated ₦22 billion investment in girls’ education could prevent over 327,000 child marriages, avert more than 35,000 adolescent pregnancies, and save thousands of young lives in Northern Nigeria, experts revealed during a high-level stakeholders’ meeting in Abuja. Education specialists, government officials, and development advocates warned that failing to protect adolescent girls from dropping out …
The Nigeria Immigration Service (NIS) has announced routine maintenance on its Passport Digital Platform to improve system performance and user experience. In a statement on Friday in Abuja, the Service Public Relations Officer, Mr. Akinsola Akinlabi, said the exercise would run from 12:00 a.m. on December 12 to 6:00 a.m. on December 14. During this …
