7.5% VAT on Bank Transfers

Agent Association Rejects 7.5% VAT on Bank Transfers, Alleges Double Taxation

  The National President of the Agents Association of Nigeria, Sarafadeen Atanda Fasasi, has strongly opposed the planned implementation of a 7.5 per cent Value-Added Tax on bank transfers and Unstructured Supplementary Service Data transactions, describing the measure as double taxation and warning it could undermine Nigeria’s financial inclusion objectives. The controversy erupted following indications…

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Rivers Assembly Insists on Fubara, Odu Impeachment

Rivers Assembly Insists on Fubara, Odu Impeachment, Accuses Governor of Constitutional Violations

  The Rivers State House of Assembly has reaffirmed its determination to proceed with impeachment proceedings against Governor Siminalayi Fubara and his deputy, Professor Ngozi Odu, accusing both officials of waging war against the Constitution of the Federal Republic of Nigeria. The lawmakers, addressing journalists during a media briefing in Port Harcourt on Friday, also…

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EU Removes Nigeria from High-Risk Money Laundering List

EU Removes Nigeria from High-Risk Money Laundering List

  Nigeria has been removed from the European Union’s list of high-risk jurisdictions for anti-money laundering and counter-terrorism financing, a development that is expected to significantly ease trade, payment systems and investment flows between Africa’s largest economy and European markets. The European Commission confirmed on Wednesday that Nigeria, along with South Africa, Burkina Faso, Mali,…

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Osayi-Samuel: AFCON Semi-Final Exit Painful, but I’m Proud of the Super Eagles

  Super Eagles defender Bright Osayi-Samuel has voiced his disappointment following Nigeria’s penalty shootout defeat to Morocco in the Africa Cup of Nations semi-final on Wednesday, describing the exit as deeply painful while maintaining pride in his team’s resilience against the tournament hosts. Nigeria’s campaign to reach the AFCON final ended in heartbreak at a…

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X Moves to Block Grok AI From Creating Sexualised Images

X Moves to Block Grok AI From Creating Sexualised Images After Global Investigation Wave

  Elon Musk’s social media platform X has announced sweeping restrictions on its artificial intelligence chatbot Grok, preventing the tool from generating images of real people in revealing clothing, a move that follows mounting international pressure and regulatory investigations into the platform’s role in enabling the creation of non-consensual sexually explicit content. The announcement, made…

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