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Telecommunications

FG scraps 5% telecom tax on calls, data

The Federal Government has officially removed the five per cent excise duty earlier imposed on telecommunications services in Nigeria, a decision expected to reduce cost pressures for millions of mobile subscribers. The National Orientation Agency disclosed the development in a post on its official X handle on Thursday, noting that the step reflects the Tinubu […]

featured News

JUST IN: EFCC grants ex-NNPCL boss Kyari bail

The Economic and Financial Crimes Commission has granted administrative bail to the former group chief executive officer of the Nigerian National Petroleum Company limited, Mele Kyari. Mele Kyari on wednesday honoured an invitation by EFCC over an alleged $7.2 billion dollar fraud during his tenure as the boss of the nation’s oil company. Kyari was […]

China denies link to cyberespionage group accused of targeting Singapore
News

Nigeria endorses China’s new global governance initiative

The Federal Government has formally endorsed China’s newly launched Global Governance Initiative, describing it as a “timely and thoughtful contribution” to the strengthening of the international system. In a press release issued by the spokesperson for the Ministry of Foreign Affairs, Kimiebi Ebienfa, on Thursday, the FG expressed appreciation to the Government of the People’s […]

Business featured

Nigeria collects over ₦600bn VAT from Facebook, Amazon, Netflix

The Special Adviser on Tax Policy to the Chairman of the Tax Reforms Committee, Mr Mathew Osanekwu, has revealed that Nigeria has successfully collected over ₦600bn in Value Added Tax from global digital service providers such as Facebook, Amazon, and Netflix. He explained that amendments to the VAT Act had empowered the Federal Inland Revenue […]

Economy

Nigeria targets 25% industrial GDP growth by 2035, says minister

The Federal Government says Nigeria has projected a significant rise in industrial contribution to GDP, targeting 25 per cent growth between 2025 and 2035 under a newly validated strategic framework. The Minister of State for Industry, Sen. John Owan, made the remark during a panel session at the ongoing Gastech Exhibition and Conference in Milan, […]

How Kaduna govt spent N43.8bn in Q1 2023 - Report
Travel

Brits free to visit Kaduna as UK lifts travel ban

The United Kingdom has lifted travel restrictions on Kaduna State, moving it from the “Red” to the “Amber” category in its travel advisory. The change now allows British citizens to travel freely to the state. The announcement was made on Wednesday by Cynthia Rowe, Development Director of the Foreign, Commonwealth and Development Office, during the […]

featured News

Enugu wins N100m award as Nigeria’s cleanest, greenest state

Enugu State has bagged a N100 million award as the cleanest state as the First Lady of Nigeria, Senator Oluremi Tinubu, unveiled the Renewed Hope Initiative Green Nigeria Challenge. The Challenge is a nationwide environmental competition aimed at families, youth groups, communities, and states to engage in tree planting and environmental cleanliness. She unveiled the […]

News

Ghana accepts deported Nigerians, other West Africans from US

Ghana has begun accepting West African nationals deported from the United States, including Nigerians, President John Dramani Mahama said on Wednesday. According to Reuters, Mahama disclosed that a first batch of 14 deportees, made up of Nigerians, a Gambian and others, had already arrived in Accra, with the Ghanaian authorities facilitating their return to their […]

China 'firmly opposes coercion' as Mexico mulls car tariffs
Business

China ‘firmly opposes coercion’ as Mexico mulls car tariffs

The measure, included in a bill submitted by Mexico’s government to Congress, aims both to strengthen the country’s industrial sector and to appease US President Donald Trump, who has repeatedly pressed trading partners to raise duties on Chinese goods. Washington has accused Chinese manufacturers of exploiting the United States-Mexico-Canada Agreement by routing products through Mexico […]

Global oil supply hits record high in August - IEA
Oil and Gas

Global oil supply hits record high in August – IEA

Global oil supply climbed to a record high in August as OPEC+ and other producers boosted output, with the prospect of a surplus keeping prices subdued, the International Energy Agency (IEA) reported on Thursday. Eight core members of the OPEC+ alliance, including Saudi Arabia and Russia, have been steadily raising production since April after years […]

Mexico considers 50% tariff on Chinese cars amid US pressure
News

Mexico considers 50% tariff on Chinese cars amid US pressure

Mexico, under pressure not to serve as a back door for Chinese goods entering the United States, has proposed a 50 per cent duty on car imports from the Asian giant — up from 15-20 per cent. The initiative, contained in a bill submitted by the government to Congress, seeks to assuage US President Donald […]

Finance

2024 budget 80% implemented, says Wale Edun

The Minister of Finance Wale Edun on Wednesday revealed that as of September 2025, about 80 per cent of the 2024 budget had been executed. This is also as the House of Representatives Committee on Appropriations held a closed-door session with the Minister of Finance, Wale Edun, and the Minister of Budget and National Planning, […]