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ABUJA — The Nigeria Revenue Service (NRS) has shattered previous records by generating N28.3 trillion in tax revenue during the 2025 fiscal year. This figure represents a staggering 30 percent increase over the N21.7 trillion collected in 2024. Executive Director of Government and Large Taxpayers, Hajiya Amina Kurawa, announced these results during a management retreat…
LAGOS — Global oil prices surged toward the $70 threshold this week following a breakdown in diplomatic negotiations between Washington and Tehran. Brent crude climbed to $69.25 per barrel, marking a sharp ascent from the $67 recorded just last week. This rally intensified after nuclear talks in Oman collapsed without a resolution between the two…
LAGOS — Two commuters met a gruesome end on Tuesday as a commercial minibus erupted into a fireball along the Okota-Isolo corridor. The yellow vehicle, popularly known as “Faka” and bearing registration number SMK 823 YK, somersaulted repeatedly before the fatal explosion occurred. According to the Lagos State Traffic Management Authority (LASTMA), the driver and…
President Bola Tinubu has announced the appointments of Hon. Magaji Da’u Aliyu as Managing Director of the Sheda Science and Technology Complex (SHESTCO) in Abuja and Engr. Adesayo Olusegun Michael as the Managing Director/Chief Executive Officer of the Nigerian Electricity Management Services Agency (NEMSA). SHESTCO, a pivotal federal research institution, is responsible for advancing…
Former Vice President Atiku Abubakar has urged opposition political parties to come together and advocate for a transparent and credible electoral process, emphasizing the need for a fully electronic transmission system to enhance the credibility of Nigeria’s elections. In a statement made at a press briefing in Minna, Niger State, Atiku warned that the…
LONDON — The Premier League’s independent Key Match Incident (KMI) Panel has officially invalidated a controversial penalty awarded to Chelsea during their recent 3-1 victory over Crystal Palace. In a unanimous 5-0 verdict, the five-member oversight body ruled that the Video Assistant Referee (VAR) should not have intervened in the Selhurst Park clash. Referee Darren…
ABUJA — An investigator with the Economic and Financial Crimes Commission (EFCC) has officially linked commercial banks to the currency crisis of 2022. Testifying before the FCT High Court on Tuesday, Chinedu Eneanya confirmed that various banks hoarded newly redesigned notes. This institutional infraction reportedly intensified the severe cash scarcity that crippled businesses and households…
The Senate chamber descended into disorder on Tuesday as lawmakers clashed over moves to reverse an earlier decision on electronic transmission of election results in the Electoral Act amendment bill. The controversy erupted when the Senate Chief Whip, Senator Tahir Monguno, representing Borno North on the platform of the All Progressives Congress, raised a…
The United Nations Interim Force in Lebanon plans to withdraw most of its troops by mid-2027, its spokesperson has said, following the expiration of the peacekeepers’ mandate at the end of this year. UNIFIL spokesperson Kandice Ardiel told AFP on Tuesday that “UNIFIL is planning to draw down and withdraw all, or substantially all,…
Apple intends to maintain the visual DNA of its current flagship for the upcoming iPhone 18 Pro series. Recent intelligence from the Chinese social media platform Weibo suggests that the 2026 models will undergo minimal aesthetic modifications. This conservative approach follows the unprecedented commercial success of the iPhone 17, which reportedly has Apple executives…
