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The Nigeria Revenue Service has dismissed widespread reports claiming that Value Added Tax is being imposed directly on bank transfers, clarifying that the 7.5 per cent levy applies exclusively to service fees charged by financial institutions and not to the actual funds being moved by customers. In a statement issued on Thursday, the federal…
Down Syndrome Is Not a Curse. It Is a Name That Honors Dignity Chinwe Igbokwe In Nigeria, when people hear “Down syndrome,” many assume it is a curse, a spiritual punishment, or a sign that something has gone terribly wrong in a family. Some believe the word “down” means the person is less than human,…
Investors on the Nigerian stock market suffered a loss of N457 billion on Thursday as the bourse reversed course after 23 consecutive sessions of gains, marking the end of one of the longest bullish streaks in recent trading history. The downturn, which saw the market capitalisation shed 0.43 per cent, was attributed to widespread…
The Lagos State University of Science and Technology (LASUSTECH), Ikorodu, is set to establish the Bola Ahmed Tinubu Institute of Politics and Policies, following a partnership with the BAT Ideological Group aimed at strengthening ideological orientation and political leadership development in Nigeria. The Director of Media and Publicity of the BAT Ideological Group, Arabinrin Aderonke,…
Defending champions Nigeria have been drawn alongside Zambia, Egypt and Malawi in Group C of the 2026 Women’s Africa Cup of Nations (WAFCON), following the official draw conducted ahead of the tournament. The Super Falcons, who are record 10-time champions, will play all their Group C fixtures at the Larbi Zaouli Stadium in Casablanca, Morocco….
The United States has approved $413.046 million (about ₦587 billion) for counter-insurgency and security operations in Nigeria and other African countries in 2026, amid worsening insecurity across West Africa and renewed geopolitical competition on the continent. The allocation is contained in the United States National Defense Authorization Act (NDAA) for Fiscal Year 2026, obtained on…
Nigerian music superstar David Adeleke, popularly known as Davido, has lost an estimated ₦75 million after the Super Eagles failed to defeat host nation Morocco in the semi-finals of the 2025 Africa Cup of Nations (AFCON). The loss followed a high-stakes $50,000 bet placed by the singer ahead of Wednesday night’s clash at the Prince…
The Federal Government has approved a 40 per cent salary increase for lecturers in federal tertiary institutions and introduced a new professorial cadre allowance that will see university professors receive a monthly top-up of over ₦140,000. The Minister of Education, Dr Tunji Alausa, disclosed this on Wednesday during an appearance on Channels Television’s Politics Today,…
US President Donald Trump on Wednesday reiterated that the United States “needs” Greenland for national security purposes, insisting that Denmark cannot adequately protect the strategically located Arctic island, even after high-level talks with Danish and Greenlandic officials. Trump made the remarks following a tense, high-stakes meeting involving US, Danish and Greenlandic representatives, a discussion that…
The United States has announced the suspension of immigrant visa processing for citizens of 75 countries, including Nigeria and Ghana, in a sweeping move that further tightens entry into the country. The decision, announced on Wednesday, is President Donald Trump’s latest action aimed at restricting immigration as the US government reassesses its screening and vetting…
