The Nigeria Customs Service (NCS) has been instructed to begin enforcing a zero per cent import duty rate and Value-Added Tax (VAT) exemption on essential food items, following an approval by President Bola Tinubu. This directive was communicated through the Ministry of Finance in a letter addressed to the NCS on August 8, 2024. The…
Democratic presidential candidate Kamala Harris’s campaign recently disclosed that it had been the target of foreign hackers, just days after President Donald Trump’s campaign suggested it had been hacked by Iran. A Harris campaign official confirmed to AFP that in July, the campaign’s legal and security teams were alerted by the FBI about an attempted…
The newly approved policy goes beyond merely responding to the ongoing exodus of healthcare professionals from Nigeria. It is designed as a comprehensive strategy to manage, harness, and potentially reverse the migration of health workers.
Chelsea are reportedly preparing to reward Jackson with a contract extension following his impressive debut season, according to The Telegraph. The Senegalese forward initially signed an eight-year deal when he joined the Blues last summer, but the club is now looking to extend that by an additional two years. This extension would not only improve…
The recent directive from the Nigerian Electricity Regulatory Commission (NERC) has stirred considerable debate within the power sector. NERC has instructed Distribution Companies (DisCos) to move away from the existing single-buyer model contract with energy generation companies (GenCos). This shift, introduced in July, is part of a broader effort to unbundle the electricity value chain…
The Nigerian stock market has surged by approximately 31% this year, entering a bull run despite the country’s challenging economic conditions. Thanks to advancements in technology, investing in Nigerian stocks has become more accessible and transparent. Major companies on the NGX, including Airtel Africa, BUA Cement, Dangote Cement, and MTN Nigeria, boast market capitalizations exceeding…
Elon Musk revealed on Monday that his highly anticipated interview with former President Donald Trump was disrupted by a significant cyber attack targeting his social media platform, X, previously known as Twitter. “There appears to be a massive DDOS attack on X. Working on shutting it down,” Musk announced on the platform. Musk, who has…
Chelsea has now requested that Conor Gallagher return to London due to the risk of the deal falling through at the last minute.
With Omorodion no longer a viable option for Chelsea’s head coach, Enzo Maresca, the club is now exploring alternative options.
The data reveals a dramatic shift in the monthly expenditure on debt servicing, with states moving from spending around N9 billion to over N20 billion.
