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The Chairman of the Chartered Institute of Taxation of Nigeria (CITN), Abuja District, Mr. Ben Enamudu, has dismissed widespread claims that Nigerians’ bank balances are being taxed under the new tax regime, clarifying that only certain electronic transfers attract a ₦50 stamp duty. Speaking during a televised interview on Tuesday, Enamudu said misconceptions surrounding the reforms—particularly claims about taxation of savings and income thresholds—have created unnecessary anxiety among the public. […]

The price of gasoline was raised only after the victory of the American President Donald Trump, confirming that Venezuela had lost millions of dollars in gasoline export to the United States, adding to the requests regarding the authorization of the world enforcement. The two main gasoline benchmark indices are up 1% during the session and will be added to the evening's entries. This came following Trump's statement that Venezuela's domestic […]

The joint National Assembly Committee on the Review of the 1999 Constitution has proposed far-reaching constitutional amendments aimed at ensuring that all election petitions are fully concluded before elected officials are sworn into office. Under the proposals, election petitions at the tribunal level would be concluded within 60 days, while appeals arising from tribunal judgments would also be disposed of within another 60 days. The reforms are designed to eliminate […]

Oyo State Governor, Seyi Makinde, has described the death of the Sarkin Hausawa of Ibadanland, Alhaji Ali Zungeru, as a huge loss to the state and the Hausa community. The governor made this known on Tuesday in a condolence message released in Ibadan, where he described the late traditional leader as a peaceful, dependable, and development-oriented community figure. Makinde condoled with the Olubadan of Ibadanland, Oba Rashidi Ladoja, as well […]

The Nigeria Centre for Disease Control and Prevention (NCDC) has reported a total of 1,119 confirmed cases of Lassa fever across the country in 2025, with young adults identified as the most affected age group. The agency disclosed this in its Lassa Fever Situation Report for Epidemiological Week 51, covering December 15 to 21, 2025. The report provides an overview of the spread of the disease, fatalities, and affected states […]

  The management of Obafemi Awolowo University (OAU), Ile-Ife, has announced the death of an 18-year-old medical student of the institution, describing the incident as a devastating loss to the university community. The deceased, identified as Timilehin Adetoye Toromade, was a part-three student of Medicine and Surgery in the College of Health Sciences. In a statement issued by the university, Timilehin was said to have passed away in his sleep […]

The National Youth Service Corps (NYSC) has announced the commencement of the 2026 Batch “A” Stream I Orientation Course, which will commence nationwide on Wednesday, January 21, 2026. According to the program management, the orientation exercise will be held simultaneously in the 37 NYSC orientation camps across the 36 states of the federation and the Federal Capital Territory (FCT), Abuja. The announcement was made on Tuesday through official communication channels […]

  The National Association of Nigerian Students (NANS) has declared its support for the newly enacted Tax Reform Law, describing it as a well-intentioned fiscal policy designed to strengthen Nigeria’s economy while protecting low-income earners and vulnerable groups. The endorsement followed extensive deliberations at the maiden Expanded National Executive Council (ENEC) meeting of NANS, themed “National Executive Council and Structural Stakeholders’ Forum 2026 on the Tax Reform Act.” The forum […]

  South African President Cyril Ramaphosa has strongly condemned the reported capture of Venezuelan President Nicolás Maduro and his wife by the United States, describing the action as a serious violation of international law and Venezuela’s sovereignty. Ramaphosa made his position known on Tuesday in a statement shared on his official social media platform, where he expressed solidarity with the Venezuelan people and criticised the actions of the United States. […]