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Business

Group demands probe into alleged forgery of 2025 tax law

Citizen advocacy group, Citizen Monitors, has urged authorities to investigate allegations that the 2025 Tax Law was forged, warning that such claims threaten constitutional order and public confidence. In a statement on Monday by its spokesperson and Head of Communications, Olajumoke Alawode-James, the group criticised the Federal Government’s silence on the matter. The organisation maintained […]

Housing

Firm launches 18-block estate to bridge Lagos housing deficit gap

Nigeria’s housing deficit is continuing to shape investment decisions in the real estate sector, with HFP Engineering Ltd reaffirming its dedication to tackling the challenge through a new residential development designed to increase housing supply in Lagos. Statistics show that the housing deficit in Lagos has risen by 15 per cent, from approximately 2.95 million […]

Science

NASENI, AUST partner to transform research outputs into commercial products

The National Agency for Science and Engineering Infrastructure and the African University of Science and Technology in Abuja have signed a Memorandum of Understanding to enhance collaboration in innovation, technology development, and the commercialisation of research outputs. The agreement was signed at NASENI’s headquarters in Abuja with the goal of transforming research from mere academic […]

India seeks to keep US trade talks on track despite tariff hike
featured Finance

Trump announces tariff hike on South Korean imports

President Donald Trump said on Monday that the United States will raise tariffs on imports from South Korea, citing the failure of the country’s National Assembly to ratify a trade framework unveiled last year. In a social media post, Trump said duties would increase on South Korean automobiles, lumber and pharmaceutical products, while tariffs on […]

featured Finance

Mixed reactions trail January salary rise from tax law

Some workers have expressed mixed and largely underwhelming reactions to recent changes in their take-home pay following the implementation of new Personal Income Tax reforms, with many stating that the increases are marginal and insufficient to meaningfully alleviate economic pressures. The new tax reform laws introduce several adjustments to the Personal Income Tax regime. Individuals […]

featured News

Over 400,000 apply as police recruitment gets two-week extension

No fewer than 400,000 Nigerians have applied for the 50,000 police constable positions advertised nationwide, according to the Police Service Commission and the Nigeria Police Force. The recruitment exercise has been extended by two weeks due to low application numbers from some states, including Lagos. The PSC’s Head of Protocol and Public Affairs, Mr Torty […]

Opinion

Rewane declares naira undervalued by 11%

Renowned economist and Managing Director of Financial Derivatives Company, Mr Bismarck Rewane, has estimated the fair value of the naira at about N1,257 to the United States dollar. Rewane stated that the local currency is undervalued by approximately 11 per cent when assessed using the purchasing power parity (PPP) model. He made the submission during […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
Tech

Microsoft deploys new AI chip to boost efficiency across services

Microsoft Corp. has begun deploying its second-generation artificial intelligence chip as part of efforts to boost efficiency across its services and reduce reliance on Nvidia Corp.’s hardware. The new Maia 200 chip, manufactured by Taiwan Semiconductor Manufacturing Co., is already being installed in Microsoft’s data centres in Iowa, United States with further rollouts planned for […]

Entertainment featured

Toyin Abraham’s ‘Oversabi Aunty’ movie crosses ₦1bn at box office

Nollywood filmmaker Toyin Abraham has recorded a major box office milestone as her latest film, Oversabi Aunty, crossed the ₦1 billion mark at the Nigerian box office. The achievement was confirmed on Monday by the film’s distributor, FilmOne Entertainment, through a post shared on its official X account. According to FilmOne, Oversabi Aunty has grossed […]

X to display ads on Grok’s AI responses
Tech

EU probes X platform after Grok generates explicit material

The European Commission announced on Monday that it has launched an investigation into Elon Musk’s X platform over the dissemination of sexually explicit content by the AI chatbot Grok. The inquiry is being carried out under the European Union’s comprehensive Digital Services Act. “The new investigation will assess whether the company properly assessed and mitigated […]

News

AGF assumes control of Mike Ozekhome’s alleged forgery case

The office of the Attorney-General of the Federation has assumed control of the case involving Mike Ozekhome, a Senior Advocate of Nigeria, who faces allegations of forgery and using false documents in a contested property matter in the United Kingdom. The Independent Corrupt Practices and Other Related Offences Commission had filed a three-count charge against […]

Business

NNPC, Chevron complete Awodi-07 appraisal, exploration well

The Nigerian National Petroleum Company Limited has announced that Chevron Nigeria Limited, the operator of the NNPC/CNL joint venture, has successfully completed the Awodi-07 appraisal and exploration well. In a statement on Monday, NNPC spokesperson Andy Odeh said the well is situated in the shallow offshore region of the western Niger Delta. “The Awodi-07 well […]