Blog

NNPCL reports N2.69trn in tax expenses for 2023
Oil and Gas

Experts differ over NNPCL’s planned oil asset sale

Energy industry experts and stakeholders have expressed divergent views over reported plans by the Nigerian National Petroleum Company Limited to divest its stakes in multinational oil firms operating across the country. Earlier, Reuters reported that NNPC Limited is planning to sell stakes in some of its oil and gas assets and has already invited bids, […]

featured News

Court remands Malami, son, wife in Kuje prison

The Federal High Court sitting in Abuja has ordered the remand of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), alongside his son and one of his wives, at the Kuje Correctional Centre pending the hearing and determination of their bail applications. The remand order was issued on Tuesday by the […]

News

Malami, son, wife plead not guilty to 16-count EFCC charges

A former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), on Tuesday pleaded not guilty to 16 counts of money laundering instituted against him by the Economic and Financial Crimes Commission. Malami was arraigned before Justice Emeka Nwite of the Federal High Court sitting in Abuja alongside his son, Abubakar Abdulaziz Malami, […]

News

EFCC arraigns ex-AGF Malami, son over alleged money laundering

The Economic and Financial Crimes Commission is set to arraign a former Attorney-General of the Federation, Abubakar Malami, today, Tuesday, December 30, before the Federal High Court in Abuja over alleged money laundering offences. Malami will be arraigned alongside his son, Abubakar Malami, and Bashir Asabe, an employee of Rahamaniyya Properties Ltd, a company linked […]

Opinion

FG can implement tax laws despite lawmakers’ objection – Expert

An economic expert at Bayero University, Kano, Professor Kabiru Isah Dandago, has stated that the Federal Government can lawfully proceed with the implementation of the newly signed tax reform laws despite objections raised by some members of the House of Representatives. Professor Dandago made this assertion during an exclusive interview with Daily Post, where he […]

Finance

Education tops as Zulum presents N890bn budget to Borno Assembly

Borno State Governor, Babagana Umara Zulum, on Monday presented a budget proposal of N890,331,686,000.00 for the 2026 fiscal year to the Borno State House of Assembly, with the education sector receiving the highest allocation of N135 billion. The appropriation bill is tagged the “Budget of Sustained Recovery and Growth” and places capital expenditure at over […]

Electricity

National grid restored after partial collapse — NISO

Electricity supply has been restored across Nigeria following a system disturbance that caused a partial collapse of the national power grid on Monday, according to the Nigerian Independent System Operator. NISO confirmed the restoration in a statement issued in Abuja, stating that the grid has stabilised and electricity supply has been normalised in all parts […]

Samsung blames US AI chip sanctions for profit slump, shares dip
Tech

LG joins Samsung trend with framed-style television

LG Electronics Inc. has unveiled a new TV designed to mimic framed artwork, following a trend popularized by competitor Samsung Electronics Co. The device, named the Gallery TV, is set to launch in 2026 in 55- and 65-inch models, LG announced Monday ahead of next week’s CES consumer technology show. Similar to Samsung’s “The Frame,” […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta acquires Singapore AI startup Manus to boost AI investments

Meta Platforms announced on Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose AI agents, as part of its ongoing large-scale investment in artificial intelligence. Originally founded in China and later moved to Singapore, Manus introduced its first general AI agent earlier this year, capable of performing complex tasks including market research, coding, […]

Aviation

Air Peace rejects claims of abandoning passengers in Barbados

Air Peace has firmly denied claims that it sold tickets to Jamaica and then “dumped” passengers in Barbados, calling the allegations misleading and contrary to the facts. In a press statement on Monday, the airline affirmed that all ticket sales complied fully with international aviation regulations and standard industry practices, emphasizing that passengers were never […]

featured

New tax regime won’t cripple aviation, FG tells Air Peace, others

The Federal Government has dismissed claims by Air Peace Chairman and Chief Executive Officer, Allen Onyema, that Nigeria’s new tax regime would cripple the aviation industry and lead to a sharp increase in airfares. Reacting to Onyema’s remarks during a Sunday interview on Arise News, the Chairman of the Presidential Committee on Fiscal Policy and […]

Stakeholders advocate tax holidays in housing sector
Business

Accountants warns of legal uncertainty from altered tax laws

The Association of National Accountants of Nigeria has sounded the alarm over reported changes to recently gazetted tax laws, cautioning that the inconsistencies are causing legal uncertainty and undermining confidence in Nigeria’s fiscal and governance framework. In a statement on Monday, ANAN President and Council Chairman, Zuwairat Kishimi, said the body was “deeply concerned about […]