Almond News

Abia State Governor, Dr Alex Otti, has dismissed speculation that he plans to defect from the Labour Party (LP), assuring residents and supporters that he remains committed to the party despite the recent defection of its 2023 presidential candidate, Peter Obi, to the African Democratic Congress (ADC). Governor Otti gave the assurance during the December edition of his monthly media chat with journalists at the State Banquet Hall, Government House, […]

The Commissioner of Police, Lagos State Command, CP Olohundare Jimoh, has decorated 35 newly promoted senior officers in a move aimed at strengthening the state’s security architecture. The decoration ceremony, which took place at the command’s headquarters, saw 30 Superintendents of Police (SPs) elevated to the rank of Chief Superintendent of Police (CSP), while five Deputy Superintendents of Police (DSPs) were promoted to the rank of Superintendent of Police (SP). […]

Former presidential candidate Peter Obi has announced his decision to leave the Labour Party and align with the African Democratic Congress (ADC), describing the move as part of his commitment to Nigeria’s socio-economic transformation. In a statement issued on Wednesday, Obi said Nigeria is at a critical point in its history and requires clear purpose, unity, and decisive action to confront its numerous challenges. He noted that periods of national […]

Nigerian banks will begin deducting a ₦50 stamp duty on electronic transfers of ₦10,000 and above starting January 1, 2026, following the commencement of provisions of the newly enacted Tax Act. The development has been communicated to customers by several commercial banks ahead of the implementation date. Under the new arrangement, the charge—previously known as the Electronic Money Transfer Levy (EMTL)—has been formally reclassified as stamp duty and will be […]

President Bola Ahmed Tinubu has reaffirmed his administration’s determination to proceed with the implementation of the newly signed tax laws, dismissing calls for the reform process to be suspended amid ongoing public debate over some provisions. In a statement released on Tuesday, the President said the rollout of the tax reforms would continue as scheduled, noting that while some of the laws took effect on June 26, 2025, others are […]

The Dangote Group has announced a 10-day credit facility for petrol station owners and fuel dealers, backed by a bank guarantee, as part of a new supply arrangement aimed at improving fuel distribution across the country. The company disclosed this in a statement posted on its official X (formerly Twitter) handle on Tuesday, inviting petrol station operators nationwide to register and benefit from the initiative. According to the statement, participating […]

Human rights lawyer and 2027 Peoples Democratic Party (PDP) governorship aspirant in Oyo State, Niyi Aborishade, has resigned from the PDP and joined the African Democratic Congress (ADC). Aborishade said his decision was driven by what he described as a deepening internal crisis within the PDP, raising doubts about the party’s ability to present a credible candidate in the next governorship election. Speaking with journalists in Ibadan, Aborishade said persistent […]

A Federal High Court in Abuja has ordered the remand of Yakubu Adamu, the Bauchi State Commissioner for Finance, pending a ruling on his bail application. Justice Emeka Nwite gave the order on Tuesday after hearing arguments on Adamu’s bail request, which was moved by his counsel, Chief Gordy Uche (SAN), and opposed by the Economic and Financial Crimes Commission (EFCC). The remand followed the arraignment of Adamu and Ayab […]

A Federal High Court in Abuja has ordered the remand of the immediate past Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), alongside two co-defendants, at the Kuje Correctional Centre pending the hearing of their bail application. The ruling, delivered on Tuesday by Justice Emeka Nwite, directed that Malami, his son Abubakar Abdulaziz Malami, and Hajia Bashir Asabe remain in custody until January 2, 2026, when […]