FG acquired refurbished jet for Tinubu – Onanuga

The Federal Government did not purchase a new official jet for President Bola Tinubu, contrary to claims circulating on social media, according to presidential spokesman Bayo Onanuga. Speaking on Inside Sources on Channels Television, Onanuga clarified that the government acquired a refurbished jet for the President, which remains national property. Onanuga explained that several jets […]

FG to Implement 15% VAT on Luxury Goods

Finance Minister and Coordinating Minister of the Economy, Mr. Wale Edun, has announced that the federal government will impose a 15 percent Value Added Tax (VAT) on luxury goods, noting that the full removal of fuel subsidies took effect in September 2024. Speaking at the IMF/World Bank Annual Meetings in Washington DC, he explained that […]

CBN Confirms Old Naira Notes Will Remain Legal Tender Indefinitely

The Central Bank of Nigeria (CBN) has confirmed that the old N200, N500, and N1,000 banknotes will remain legal tender indefinitely, dismissing claims that they would cease to be valid by December 31, 2024. In a statement on Thursday, the Acting Director of Corporate Communications, Sidi Hakama, emphasized that such reports are “false and calculated […]

NERC Scrutinizes TCN Over Incessant National Grid Collapses

NERC Scrutinizes TCN Over Incessant National Grid Collapses

The Nigerian Electricity Regulatory Commission (NERC) today scrutinized the management of the Transmission Company of Nigeria (TCN) over its handling of the nationwide outages and system inefficiencies. The NERC at the public hearing organized in Abuja to unravel factors responsible for the incessant grid collapse raised concerns about TCN’s outdated infrastructure, including decades-old transformers, and […]

12 States Delay Implementation of N30,000 Minimum Wage for Teachers – Report

Twelve states in Nigeria have yet to implement the 2019 minimum wage of N30,000 for teachers, according to the National Union of Teachers (NUT). While some states have implemented the wage, primary school teachers in states such as Anambra, Bayelsa, Borno, Delta, and others remain excluded. The affected states where the wage is not fully […]

Tinubu appoints Bianca Ojukwu and six others as ministers.

President Bola Tinubu has appointed seven new ministers as part of a sweeping cabinet reshuffle aimed at boosting the administration’s efficiency. The appointments were announced following a Federal Executive Council meeting. Bianca Odumegwu-Ojukwu was named Minister of State for Foreign Affairs, and Jumoke Oduwole was appointed Minister of Industry, Trade, and Investment, replacing Doris Uzoka-Anite, […]

FG Gives 60-day Notice to Title Owners to Pay Ground Rent

FG Gives 60-day Notice to Title Owners to Pay Ground Rent

Holders of Federal Government Certificates of Occupancy have 60-days ultimatum to settle outstanding ground rents and statutory charges or face the revocation of their titles.  Minister of Housing and Urban Development, Ahmed Dangiwa, who issued the ultimatum during the 29th Conference of Directors of Lands in Abuja, warned that non-compliance has already resulted in the […]

A Minimum Nine African Teams to Compete In 2026 World Cup

A Minimum Nine African Teams to Compete In 2026 World Cup

FIFA President, Gianni Infantino, has confirmed that at least nine African teams will compete in the 2026 World Cup that would take place in the U.S., Mexico and Canada. Infantino, who made the remarks when the 46th CAF Ordinary General Assembly in Addis Ababa, noted that the increase is to be made in line with […]

President Tinubu Sacks 5 Ministers and Appoints 7 New Ones

President Tinubu Sacks 5 Ministers and Appoints 7 New Ones

President Bola Tinubu has relieved five Ministers of their duties as Ministers of the Federal Republic of Nigeria. The Ministers are the Minister of Women Affairs, Uju-Ken Ohanenye, Minister of Tourism, Lola Ade-John, the Minister of Education, Tahir Mamman, Minister of State, Housing and Urban Development, Abdullahi Muhammad Gwarzo, and Minister of Youth Development Jamila […]

A Passenger Falls Overboard on Taylor Swift-Themed Cruise

A Passenger Falls Overboard on Taylor Swift-Themed Cruise

A passenger on Royal Caribbean’s Taylor Swift-themed cruise has fallen overboard. It was reported that the missing 66-year-old woman, who fell Tuesday night, was still underway Wednesday morning. Meanwhile, a representative for the U.S. Coast Guard told PEOPLE that the 66-year-old woman fell from the Allure of the Seas ship in the Bahamas, 17 miles north of Nassau, […]