A salon car crushed by the fuel-laden tanker in Obiri-Kwerre Flyover along East West Road on Tuesday morning. Two persons were confirmed dead when a tanker suspected to be carrying Liquefied Natural Gas exploded at the Obiri-Ikwerre flyover along the East-West on the outskirts of Port Harcourt in Rivers state. Eyewitness accounts that the explosion occurred

Nigerian authorities have beefed up efforts to thwart the theft of crude products in the West African country's oil-rich Niger Delta region. Large-scale oil theft from pipelines and wells has been one of Nigerian President Bola Tinubu's biggest challenges, damaging government finances and limiting Nigeria's output and exports. Nigeria, Africa's top economy and major oil producer, lost

TAX Govt Revenue Gets Boost with Indirect Taxes Doubling to N1.4tn Q1 Indirect taxes on Nigerian goods surged by 101.65 per cent to N1.42 trillion in the first quarter of 2024 from N705.04 billion in the same period last year, in a boost for government revenue but more pain for citizens grappling with the worst

On Tuesday, the Senator representing Bauchi North Senatorial District, Senator Abdul Ningi, returned to plenary sessions following a three-month suspension. The Senate had pardoned and recalled him, ending his suspension that began on March 12, 2024. Last week, Deputy Minority Leader Senator Abba Moro moved a motion for Ningi’s recall, expressing regret on his behalf

The management of the Lagos State University has broken its silence on the trending certificate found at a ‘suya’ spot in the state. According to the university in a statement on Tuesday, the certificate has been invalidated because it has the incorrect spelling of the bearer’s name. The management further affirmed the certificate in question

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The Chairman of the Presidential Tax and Fiscal Policy Reforms Committee, Taiwo Oyedele, has said the proposed plan to increase the Value Added tax rate from 7.5 per cent to 10 per cent will be implemented in phases. This was as he revealed that empirical data had confirmed that less than 10 per cent of

The President of the Christian Tourism Practitioners Association of Nigeria President, Dr. Isreal Kristilere, has recounted his ordeal in the hands of the Egyptian Airport police. The cleric, who was on a stopover at Cairo International Airport on April 30, 2024, explained that they tried to frame him on accusation of sexual assault from a

By NFTevening Investors sued Dapper Labs claiming that the sale of NBA Top Shot Moments NFTs violated security standards. Dapper Labs settled the lawsuit for $4 million. The chief executive officer Roham Gharegozlou, maintains that NBA Top Shot NFTs are not securities, and this agreement supports his claims. The settlement, involving a class group of

The President of the Christian Tourism Practitioners Association of Nigeria President, Dr. Isreal Kristilere, has recounted his ordeal in the hands of the Egyptian Airport police. The cleric, who was on a stopover at Cairo International Airport on April 30, 2024, explained that they tried to frame him on accusation of sexual assault from a

Nigeria’s Central Bank recently disclosed that it sold a historic amount of US Dollars in the previous month. The Apex Bank admitted that so far in the year it sold the most Dollars in May, albeit with very little overall market turnover in May. For context, the amount of Dollars sold in March and April

CBN Governor, Olayemi Cardoso Debt Management: CBN Calls for Transparency, Training for Professionals The Central Bank of Nigeria (CBN) has emphasised the importance of transparency in debt management and borrowing activities to build trust with investors, creditors, and the public. The CBN Governor, Olayemi Cardoso, made the call in Abuja, stating that routine disclosure of