News

Gates said the low tax collection poses a challenge to adequately financing critical sectors such as health and education. American business magnate and co-founder of Microsoft, Bill Gates, has claimed tax collection in Nigeria is low. Gates made this known on Tuesday during his speech at a Pan-African youth dialogue …

The Manufacturers Association of Nigeria (MAN) has enumerated how the increase in price of Premium Motor Spirit (PMS), popularly known as petrol will affect Nigerians and ultimately, the productive sector of the economy. MAN gave the analysis in a statement signed by its Director-General, Segun Ajayi-Kadir in reaction to the …

Residents of Ogun have been lamenting increase in the price of Premium Motor Spirit (PMS), popularly known as petrol, saying it will further compound the economic hardship in the country. A check by the News Agency of Nigeria (NAN) on some fuel stations within the Abeokuta metropolis revealed that PMS …

Lagos State Government has extended its work-from-home policy for its workers for the next three months. Gov. Babajide Sanwo-Olu approved the extension in a circular signed by the state Head of Service, Mr Bode Agoro, on Wednesday. On Feb. 28, the governor directed that the workers would work remotely on …

For the seventh consecutive years, Dangote Industries Limited, has again emerged as most valuable brand in Nigeria, leading other top brands like MTN, Airtel, Access Bank, Globacom and many others. The latest report of the TOP 50 BRANDS NIGERIA® rankings, an annual celebration of the most influential and valuable brands in the …

Billionaire businessman, Femi Otedola has congratulated his friend and Africa’s richest man, Alhaji Aliko Dangote, as his refinery, Dangote Refinery, located in Ibeju-Lekki, Lagos, begins the production of petroleum products. Recall that Dangote announced on Tuesday that the refinery would roll out Premium Motor Spirit (PMS) in two days, much …

More troubles have come the way of a Canada-based Nigerian, Amaka Patience Sunnberger, who vowed to kill her fellow Nigerians of Yoruba and Bini origin. This is apart from her arrest by the police in Toronto, Canada and announced arraignment in court for hate related speech on Monday. Informed sources …

Nigeria faces a potential fuel price hike as private depot prices for Premium Motor Spirit (PMS), or petrol, have surged to N920-N950/litre. This development coincides with protests in Abuja demanding the removal of NNPC Group Managing Director Mele Kyari due to the persistent fuel scarcity. NNPC has alerted oil marketers …

Dada Yar’Adua, the esteemed mother of former President Umaru Yar’Adua and former Chief of Staff Shehu Yar’Adua, has passed away at the age of 102. According to reports, she died on Monday evening at the Federal Teaching Hospital in Katsina State. As a trailblazing matriarch, Dada Yar’Adua was revered for …

The US government has ordered Mr Dozy Mmobuosi, the CEO of Tingo Group, to pay a fine of over $250 million, months after he was officially charged with securities fraud in New York. First charged in December 2023, he was accused of orchestrating a massive scheme to inflate the company’s …