The Federal Government of Nigeria has introduced a significant value-added tax (VAT) exemption for a range of energy products, including diesel, Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), and electric vehicles, as part of broader efforts to reduce prices and promote cleaner energy. The announcement, made by the Minister of Finance and Coordinating Minister…
On Wednesday, U.S. President Joe Biden made it clear that he would not support any Israeli military strike on Iran’s nuclear sites in response to Iran’s recent missile attack, urging Israel to respond “proportionally.” His remarks came a day after Iran launched over 180 ballistic missiles at Israel, an action Biden had previously downplayed as…
Following Real Madrid’s lead through Eder Militao during a recent match, tensions erupted at the Estadio Metropolitano, with some Atlético Madrid fans directing their frustration at goalkeeper Thibaut Courtois. What began with minor disruptions quickly escalated as plastic bottles, lighters, and even a bag of trash were hurled towards the Real Madrid goalkeeper from the…
The 27-year-old forward began his professional career with a Brazilian club, where he impressed by scoring 29 goals in 83 matches over two seasons. His performances quickly caught the eye of Manchester City, who secured his signature, leading to a successful stint in Europe. However, his former club, now a top Serie A team, is…
The Economic Community of West African States (ECOWAS) has officially approved the design for the ambitious Lagos-Abidjan Corridor Highway Development Project, valued at $15 billion. This approval came during a pivotal meeting held in Lagos, Nigeria, where the group also announced that the procurement process for the project would begin at its next gathering. Nigeria’s…
TikTok has taken action against Russian state-owned media outlets RT and Sputnik, removing their accounts for violating the platform’s rules on covert influence operations. According to TikTok’s official announcement, the accounts associated with Rossiya Segodnya and TV-Novosti, the parent organizations of RT and Sputnik, were suspended for attempting to secretly influence users in violation of…
Senator Bamidele Announces Joint Investigation by Senate and House into Alleged Economic Sabotage in Petroleum Sector
In a recent interview with Bloomberg TV in New York, Aliko Dangote, the Chairman of Dangote Group and Africa’s second-richest individual, expressed regret over his missed opportunity to purchase the Premier League club, Arsenal, for $2 billion. The Nigerian billionaire acknowledged that the current valuation of the club has soared to around $4 billion, making…
The Federal Executive Council (FEC) has approved the creation of a Disaster Relief Fund to facilitate swift and effective response to victims of disasters across Nigeria. This new initiative is designed to ensure rapid relief and recovery efforts for communities impacted by emergencies such as floods, fires, and other natural or man-made disasters. The announcement…
Barcelona suffered a devastating setback on Sunday when their captain and star goalkeeper, Marc-André ter Stegen, sustained a severe knee injury during their 5-1 La Liga victory over Villarreal. The German international was visibly distressed as he was carried off the pitch on a stretcher in tears. The incident sent shockwaves through the club, with…
