As Nigeria ushers in 2026, the nation operates under a landmark fiscal framework, the 2025 Tax Reform Laws. Designed to modernize the tax system, broaden compliance, and strengthen national revenue, these reforms have generated both optimism and anxiety. A wave of misinformation circulating online has raised fears that the new system could allow authorities to …
Chairman of Dangote Industries Limited (DIL), Aliko Dangote, has escalated an alleged corruption case against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission (EFCC). The petition was submitted through Dangote’s legal representative, barely 24 hours after he …
European Union member states are expected on Friday to approve the bloc’s largest-ever free trade agreement with the South American Mercosur group. Negotiations have spanned more than 25 years, with months of last-minute wrangling to secure backing from key EU nations. The deal will be signed between EU Commission President Ursula von der Leyen and …
Super Eagles forward Ademola Lookman has revealed how Nigeria plans to approach their 2025 Africa Cup of Nations (AFCON) quarter-final against Algeria on Saturday. Both teams reached the last eight after defeating Mozambique and DR Congo in the Round of 16. READ ALSO: AFCON 2025: Oliseh Predicts Big Teams Will Exit in Quarter-Finals Lookman told …
Senator Ned Nwoko has challenged the recent negative drug test result of his estranged wife, Regina Daniels, claiming it reflects only short-term abstinence rather than genuine sobriety. In a statement on his official X account, Nwoko’s communication team emphasized that recovery and accountability require sustained professional support, not occasional social media posts. “Temporary abstinence does …
Somalia’s government has denied U.S. allegations that authorities in Mogadishu destroyed a World Food Programme (WFP) warehouse and seized food aid intended for vulnerable civilians. The dispute prompted the U.S. State Department to suspend all assistance to Somalia’s federal government, citing a zero-tolerance policy for the waste or diversion of life-saving aid. A senior U.S. …
Nigerian singer Ayodeji Balogun, popularly known as Wizkid, has made history as the first African artist to surpass 10 billion streams on Spotify. The milestone reflects his cumulative streams across all credits on the global platform. Wizkid’s collaboration with Canadian superstar Drake and British singer Tyla is his most-streamed song, nearing 4 billion streams. READ …
At least 16 vessels have arrived at Lagos ports, including Lekki, Tincan Island, and Apapa, carrying petrol, diesel, bulk gas, and food items, the Nigerian Ports Authority (NPA) has confirmed. According to the NPA’s latest Shipping Position report, made available to journalists on Thursday, a total of 40 ships transporting petroleum products, food items, and …
The United Bank for Africa (UBA Plc) has successfully exceeded the N500 billion minimum capital requirement set by the Central Bank of Nigeria (CBN) for banks with international licences, ahead of the March 31, 2026, deadline. According to UBA’s 2025 half-year audited results, the bank’s share capital and share premium stood at approximately N350 billion. …
The Indian government has capped Vodafone Idea’s adjusted gross revenue (AGR) dues at $13.79 million per year for the next six years. The move aims to ease cash flow pressure on the debt-saddled telecom operator. The decision offers near-term relief to India’s third-largest carrier, which has struggled with heavy debt and declining market share. Following …
