The Presidential Tax Policy Committee has announced that kerosene, liquefied petroleum gas (LPG), and compressed natural gas (CNG) will be exempt from the recently introduced 5% fuel surcharge, offering some relief to consumers and stakeholders in Nigeria’s energy sector. In a statement released on Monday, the Committee clarified that the surcharge, aimed at generating additional
Abuja, Nigeria | September 8, 2025 – President Bola Ahmed Tinubu has reiterated his administration’s commitment to strengthening security through the establishment of state police, as he met with governors from the North-East region in Abuja. At the meeting held inside the Presidential Villa, the President emphasized that tackling insecurity requires a more localized and
Abuja, Nigeria | September 8, 2025 – The Federal Government has directed the mandatory geo-tagging of all Point-of-Sale (PoS) terminals across the country as part of fresh measures to tackle electronic fraud and boost transparency in digital transactions. The initiative, led by the Central Bank of Nigeria (CBN) in collaboration with security and financial sector
The 4th edition of the NASFAT Games (NASGA 4.0) began in grand style at Fountain University, Osogbo, Osun State, with an energetic football match setting the tone for a week-long celebration of sports, intellect, and unity. The colourful opening ceremony was graced by members of the NASFAT Board of Trustees (BOT), National Executive Council (NEC),
By Sulaimon Olanrewaju The youth wing of the Nasrul-Lahi-L-Fatih Society of Nigeria (NASFAT) has declared its readiness to assume greater responsibility in the organisation’s leadership, underscoring the importance of succession planning within the Islamic faith-based society. Speaking at a strategic retreat held at Fountain University, Osogbo, the National Amir of NASFAT Youth, Brother Tajudeen Olasupo,
Nigeria striker Victor Osimhen has been ruled out of the Super Eagles’ 2026 World Cup qualifier against South Africa after sustaining an injury in the 1-0 victory over Rwanda in Uyo on Saturday. Osimhen limped off midway through the first half following a challenge from Rwanda’s Claude Niyomugabo. Team officials later confirmed that the Galatasaray
At least 63 people, including soldiers, have been killed in an attack on Darajamal village in Bama local government area of Borno State, north-east Nigeria, by suspected Boko Haram militants, according to local reports. The United Nations condemned the incident, calling for those responsible to be brought to justice. The attack, which took place on
Nigeria is bracing for fuel chaos as the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has joined forces with the oil workers’ union, NUPENG, threatening to cripple fuel supply across the country in a shocking showdown with Africa’s richest man, Aliko Dangote. In a fiery statement on Sunday, PETROAN’s National President, Billy Gillis-Harry,
The Presidential Tax Policy Committee has announced that kerosene, liquefied petroleum gas (LPG), and compressed natural gas (CNG) will be exempt from the recently introduced 5% fuel surcharge, offering some relief to consumers and stakeholders in Nigeria’s energy sector. In a statement released on Monday, the Committee clarified that the surcharge, aimed at generating additional
United Capital Plc, one of Nigeria’s leading investment and financial services institutions, has recently seen its stock price retreat on the Nigerian Exchange (NGX), prompting renewed debate among retail and institutional investors about whether the current dip presents a strategic buying opportunity. The company, known for its diversified portfolio across asset management, investment banking, trusteeship,
