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    ALMOND 94.3 FM Ibadan

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VAT removal won’t tackle high cost of rent in Nigeria.

Stakeholders in Nigeria’s real estate sector have argued that removing Value Added Tax (VAT) on land and rent will not resolve the persistent rise in housing costs across the country. Their position follows a clarification by the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, who explained that VAT is already exempted on land, buildings and rent under the Nigeria Tax Act currently being implemented. The clarification came amid reports alleging that the Act had introduced […]

today17/02/2026 4

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Nigeria has capacity for real-time e-transmission.

Telecommunications operators in Nigeria have strongly rejected claims that the country lacks sufficient infrastructure to support electronic transmission of election results, describing such assertions as inaccurate and misleading. The operators insisted that the Senate and other stakeholders should rely on verified data from the appropriate regulatory authority rather than conclusions based on incomplete or outdated information. According to industry representatives, Nigeria’s telecommunications network has expanded significantly over the years, providing widespread coverage across most parts of the country. They explained […]

today17/02/2026 4

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Hide-and-seek game in Abuja as Reps avoid joint meeting.

The planned meeting of the Conference Committee made up of members from the Senate and the House of Representatives to harmonise the Electoral Act (Repeal and Re-enactment) Bill, 2026, was abruptly shifted to late night after an earlier session failed to hold as scheduled. The delay followed the inability of members of the House of Representatives on the committee to formally convene and deliberate on key areas of disagreement ahead of plenary consideration. The development comes at a critical time, […]

today17/02/2026 4

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FG to borrow N800bn via February bonds.

Nigeria’s Debt Management Office has announced plans to raise N800bn through its Federal Government bond auction scheduled for February 2026, signalling a continued reliance on domestic borrowing to finance government obligations and manage fiscal pressures. The planned issuance represents a significant increase compared to the amount offered during the same period last year, although it is slightly lower than the record level seen in January 2026. The bond offer is structured across three re-opened instruments, reflecting the government’s strategy of […]

today17/02/2026 4

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Oil prices rise as Trump warns Iran ahead of talks.

Global oil markets took centre stage on Tuesday after United States President Donald Trump intensified his rhetoric toward Iran, injecting fresh uncertainty into trading sessions that were otherwise muted due to public holidays across parts of Asia and the United States. Crude benchmarks initially climbed on geopolitical concerns before giving up some gains. West Texas Intermediate (WTI) rose by more than one per cent, approaching the $64 per barrel mark, while Brent crude hovered just below $69 per barrel before […]

today17/02/2026 4

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Police kill two bandits, recover arms in Oyo Police kill two bandits, recover arms in Oyo.

The Oyo State Police Command has confirmed the killing of two suspected bandits during a security operation aimed at preventing a planned kidnapping in a rural community within the state. The incident occurred at Elebe Village in the Aleniboro area, located along the Irawo Mine axis. According to the command, the operation was carried out following credible intelligence indicating that a group of armed criminals had gathered in the area with the intention of abducting residents. The Police Public Relations […]

today16/02/2026 4

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UNILAG graduate Oreoluwa Odetunde found dead in New York apartment.

Oreoluwa Odetunde, a first-year Master of Business Administration (MBA) student at the Cornell SC Johnson College of Business, has been found dead in her off-campus residence, a development that has left the university community in deep shock and mourning. Odetunde, an international student from Nigeria, was pursuing her MBA at Cornell University. Before enrolling in the prestigious business school, she earned a bachelor’s degree in Economics from the University of Lagos in 2017. Her academic journey reflected a strong commitment […]

today16/02/2026 10

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Two Aiyedatiwa’s aides resign.

Two media aides serving under the Ondo State Governor, Lucky Aiyedatiwa, have officially stepped down from their respective roles, marking a notable development within the state’s media and communications team. The officials, Pastor Taiwo Gbamila, who served as the Senior Special Assistant to the Governor on Multimedia, and Mr. Olugbenga Abire, the Special Assistant on New Media, submitted their resignation letters on separate days. Their departures bring an end to their tenure in the administration of Ondo State, where they […]

today16/02/2026 2

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Protesters return to National Assembly, demand mandatory real-time transmission of results.

  Protesters on Monday gathered at the National Assembly Complex, calling on lawmakers to make real-time electronic transmission of election results compulsory in the ongoing amendment of Nigeria’s electoral law. The demonstrators, drawn from several civil society organisations including Situation Room Nigeria and ActionAid Nigeria, said the move was necessary to strengthen electoral transparency, credibility, and public trust in Nigeria’s democratic process. Carrying placards and chanting solidarity songs, the protesters insisted that the continued use of manual collation methods creates […]

today16/02/2026 4

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