Abuja, Nigeria – June 27, 2025 — Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has issued a clarification regarding recent public discourse on Nigeria’s new tax exemption threshold. In a statement released on Thursday, Oyedele addressed what he described as a misinterpretation of his earlier comments, noting that the
Abuja, Nigeria – June 27, 2025 — The ECOWAS Community Court of Justice has ordered the immediate and unconditional release of Moses Abiodun, a Nigerian businessman who has been held in detention for 16 years. Delivering judgment in Abuja, the regional court ruled that Abiodun’s prolonged incarceration was a gross violation of his fundamental human
Washington D.C., USA – June 27, 2025 — A 33-year-old Nigerian national, Edikan Adiakpan, has been arrested in the United States for his alleged involvement in a large-scale business email compromise (BEC) and money laundering conspiracy targeting several organisations across the country. According to U.S. law enforcement authorities, Adiakpan was part of an elaborate cyber
Abuja, Nigeria – June 27, 2025 — The Federal Government has revealed that over 100,000 petrol-powered vehicles have been successfully converted to run on Compressed Natural Gas (CNG) within the past year, describing the development as a significant milestone in Nigeria’s ongoing shift towards cleaner and more affordable energy alternatives. This disclosure was made as
Abuja – June 2025 — The Federal Government has announced that its long-awaited interest-free consumer credit scheme will officially launch in July 2025, offering Nigerians access to essential goods and services through structured, affordable financing. According to the National Orientation Agency (NOA) in its 47th edition of the Explainer, the scheme will be managed by
Ibadan, Nigeria — June 2025Oyo State Governor, Seyi Makinde, has emphasized the need for unity and shared responsibility among Nigerians to achieve national progress and greatness. Speaking during a public engagement in Ibadan, Governor Makinde declared that the task of building a prosperous and stable Nigeria cannot be left to government alone. He called on
Abuja, Nigeria – June 2025The highly anticipated Cybersecurity Innovation of the Year award at the upcoming National Cyber Security Conference is set to honour groundbreaking solutions that are redefining Nigeria’s digital security landscape. Organised to celebrate excellence in cyber defence and technological advancement, the award aims to recognise innovative products, services, or frameworks that are
Lagos, Nigeria – June 2025Billionaire businessman and Chairman of Geregu Power Plc, Femi Otedola, has lauded the Federal Government’s recent tax reform initiatives, describing them as a major step toward improving Nigeria’s business climate and attracting long-term investments. Reacting to the signing of the new tax laws by President Bola Ahmed Tinubu, Otedola stated that
Abuja, Nigeria – June 2025The Nigerian Army and the Nigeria Customs Service (NCS) have reaffirmed their commitment to deepening collaboration in a bid to bolster national security, particularly across the country’s porous borders. This resolve was made during a strategic meeting between the Chief of Army Staff (COAS), Lieutenant General Taoreed Lagbaja, and the Comptroller-General
Abuja, Nigeria – June 2025The House of Representatives has issued a 14-day ultimatum to the Central Bank of Nigeria (CBN) to remit a total of ₦3.64 trillion to the Federation Account, citing concerns over delayed transfers of government revenues. The resolution was passed during plenary following the adoption of a motion presented by a member
