September 20, 2025

Business

Business Politics

National Assembly Urged to Exclude VAT from Tax Bills

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

Read More
Business

Nigeria and Canada Enhance Aviation Collaboration with Code-Sharing Agreement

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

Read More
Business

Customs Intercepts $578,000 Undeclared Cash at Lagos Airport.

The Nigeria Customs Service (NCS), Murtala Muhammed International Airport Command, has intercepted $578,000 in undeclared cash from an inbound passenger arriving from South Africa. John Harrison, the Customs Area Controller, disclosed this to journalists at the command’s headquarters on Friday. He stated that the suspect, Okorie Sunday, arrived in Nigeria on Wednesday, March 19, 2025,

Read More
Business

Shettima Urges Lawmakers to Prioritize Legislation for Better Nutrition and Food Security

Vice-President Kashim Shettima has called on lawmakers to enact policies that will enhance nutrition and food security across Nigeria, emphasizing the need for government-led solutions to address malnutrition. Shettima made the call on Wednesday while hosting members of the National Legislative Network on Nutrition and Food Security at the Presidential Villa, Abuja. The delegation was

Read More
Business

Air Peace Announces Significant Airfare Reductions on London-Lagos Route.

Air Peace has introduced a special offer for travelers flying between London and Lagos, providing fare reductions of up to N600,000 and an additional luggage allowance. The airline made this announcement in a statement on Wednesday, highlighting that the promo will run until March 31, 2025, with an extended travel period until April 15, 2025.

Read More
Business

Women Farmers Urge Government to Boost Access to Mechanised Farming Equipment

Women in Mechanised Agriculture (WIMA) have called on the government to provide stronger support for women in the agricultural sector by improving access to mechanised farming equipment and incorporating women-focused initiatives into national policies. During a media briefing in Abuja, WIMA Board Chairperson, Dr. Aisha Waziri, emphasized the critical role of mechanisation in enhancing agricultural

Read More
Business General Health

CNG Tanker Explosion Near Karu Bridge Sparks Tragedy in Abuja

A devastating explosion involving a Compressed Natural Gas (CNG) tanker near Karu Bridge in Abuja on Wednesday evening has left multiple casualties feared dead. Eyewitness footage obtained by our correspondent captured frantic calls for help as trapped motorists were engulfed in flames. According to witnesses, the tanker lost control near Karu Bridge, located between Kugbo

Read More
Business

NNPC Refutes Claims of Explosion at Port Harcourt Refinery.

The Nigerian National Petroleum Company Limited (NNPC) has firmly denied reports alleging an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State. In an official statement, NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, clarified that no such incident occurred, labeling the rumors as unfounded and misleading.​ Soneye emphasized that the PHRC remains fully

Read More
Business

Dangote Refinery Threatens Petrol Supply Suspension Due to Naira-for-Crude Deal Delays.

A temporary suspension of fuel sales in Nigeria’s local currency, the naira, due to challenges in securing sufficient crude oil under the existing naira-for-crude arrangement. ​ The 650,000-barrel-per-day facility, located near Lagos, has faced difficulties obtaining adequate crude volumes through the Nigerian government’s naira-based crude purchasing system. The refinery’s management indicated that sales in naira

Read More
Business General

Ogun State Government Gives Herders Until March 31 to Register

The Ogun State Government has announced March 31, 2025, as the deadline for the registration of all herders operating within the state. The directive, aimed at regulating pastoral activities and curbing insecurity, was issued by the state’s Commissioner for Agriculture, Mr. Bolu Owotomo, in Abeokuta on Tuesday. According to the commissioner, the registration is part

Read More