Category: NEWS

A sombre mood overtook parts of Lagos State on Christmas Day after a diesel-laden tanker exploded in the early hours of Thursday, killing two people and sparking emergency responses along one of the city’s busiest highways. The Lagos State Traffic Management Authority (LASTMA) confirmed that the fatal incident occurred at the Oto-Ijanikin axis of the…

Lagos — In a development capturing headlines across the metropolis, long queues formed at MRS petrol stations across Lagos this week after the price of Premium Motor Spirit (petrol) was sharply reduced, prompting motorists to rush for the cheaper fuel amid heightened travel demand during the Christmas and New Year period. Scenes of cars lined…

As festive lights and Christmas spirits fill homes across Nigeria, top military leadership has delivered a powerful message of unity, security and hope to the nation. In his annual Christmas goodwill address, the Chief of Defence Staff (CDS), General Olufemi Oluyede, extended heartfelt festive greetings while restating the Nigerian Armed Forces’ unwavering commitment to defending…

Nigeria’s aviation sector received a fresh boost as the Universal School of Aviation reaffirmed its commitment to professionalism, safety, and excellence during the graduation of over 650 students, urging them to become worthy ambassadors of global best practices in the highly sensitive industry. A Landmark Convocation for Future Aviation Professionals The Universal School of Aviation…

A significant transformation in Nigeria’s tax system is set to reshape how individuals and businesses are identified for tax purposes — starting January 2026, your National Identification Number (NIN) and Corporate Affairs Commission (CAC) registration number will automatically function as your Tax Identification Number (Tax ID). This move is part of a sweeping overhaul under…

Amid swirling rumours on social media and widespread public anxiety about the impending tax reforms scheduled to begin in January 2026, the Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, has issued a firm and reassuring clarification: Nigerians’ bank accounts will not be frozen or automatically debited next year. He…

In a development stirring both optimism and bewilderment across Borno State, President Bola Tinubu unveiled a fleet of 3,000 electric bikes and other electric vehicles during a state visit — even as the state government continues to enforce a ban on motorcycle use, including electric models. The contradiction has left residents asking key questions about…

Nigeria’s downstream petroleum sector recorded a major boost in November as daily petrol supply surged by an impressive 55 per cent, offering fresh hope to motorists, businesses and households long burdened by scarcity and uncertainty. The sharp rise in supply signals a strategic effort to stabilise the market, improve availability nationwide and cushion the pressure…

In a high-stakes political development just days before the new fiscal regime takes effect, the Presidency of Nigeria has officially responded to mounting controversy surrounding the recently enacted tax reform laws, dismissing claims that the legislation was clandestinely altered after passage by the National Assembly. The government’s response is seen as a critical effort to…

In a bold move that reinforces its role as a catalyst for youth development and economic growth, Nigerian Breweries Plc has unveiled a transformative entrepreneurship programme designed to empower the next generation of business innovators across Nigeria. The brewing giant, widely recognised as Nigeria’s foremost brewing company and majority-owned by Dutch beer conglomerate Heineken, has…