Seven vessels carrying Premium Motor Spirit (PMS), commonly known as petrol, are expected to arrive at Nigerian seaports between Monday, March 17, and Sunday, March 23, as efforts continue to stabilize fuel supply across the country. According to a document obtained from the Nigerian Ports Authority (NPA) on Thursday, these vessels will deliver a combined
Apple Inc. is reportedly losing more than $1 billion per year on its streaming service, Apple TV+, according to a recent report by The Information. The report revealed that Apple has been spending over $5 billion annually on content since launching Apple TV+ in 2019. However, the company reduced this expenditure by approximately $500 million
The Nigerian National Assembly has been urged to exclude Value Added Tax (VAT) from the proposed tax legislation to allow for more flexible amendments in the future. The proposed tax bill, titled An Act to Repeal Certain Acts on Taxation and Consolidate the Legal Frameworks Relating to Taxation and Enact the Nigeria Tax Act to
The Nigerian and Canadian governments have officially signed a code-sharing agreement aimed at enhancing connectivity and efficiency within the aviation industry. This initiative is expected to provide passengers with more travel options and improve operational flexibility for airlines in both countries. The announcement was made by Gbenga Saka, Special Adviser on Digital Media to the
The Oluwo of Iwo, Oba Abdul-Rosheed Akanbi, has accused the Ooni of Ife, Oba Adeyeye Ogunwusi, of working against him despite his role in helping the Ooni ascend the throne. Oluwo claimed he played a crucial role in Oba Ogunwusi’s emergence as the Ooni in 2015. However, he alleged that the Ooni had since been
The Federal Government has pledged to address the concerns raised by the Manufacturers Association of Nigeria (MAN) regarding the contentious levies imposed by the Financial Reporting Council of Nigeria (FRCN). This commitment comes amidst growing unease within the manufacturing sector over the financial burden of these levies. The Minister made this assurance during a meeting
The Transmission Company of Nigeria (TCN) has announced a planned five-hour maintenance exercise on its Suleja substation, which will result in power outages across several areas serviced by the Abuja Electricity Distribution Company (AEDC). In a statement released to the public, TCN disclosed that there will be a maintenance service , is necessary to replace
Amidst swirling rumour of an impending operational shutdown, telecommunications provider 9mobile has moved to reassure its Nigerian subscriber base, firmly dismissing the claims as baseless and intended to create unnecessary panic. The company, in a statement released on Friday, acknowledged recent service challenges, particularly concerning issues related to Mobile Number Portability (MNP). These challenges had
NBA Hall of Famer and global basketball icon Hakeem Olajuwon recently delivered an inspiring talk to the NASFAT Youth Wing in Houston, Texas, sharing deep insights on faith, discipline, leadership, and personal excellence. As part of NASFAT’s Ramadan activities, the event was designed to motivate young Muslims to integrate Islamic principles into their lives while
The Nigerian Supreme Council for Islamic Affairs (NSCIA) has sounded the alarm over the spread of false and malicious information on social media, falsely attributing a contentious statement to the Sultan of Sokoto, His Eminence, Alhaji Muhammad Sa’ad Abubakar. In a press release, the NSCIA vehemently condemned the misinformation, labeling it a deliberate attempt to
