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Nigeria plunged into darkness as power grid collapses twice in two hours

The nation’s power grid collapsed twice in two hours on Thursday, worsening the blackout being experienced by consumers in parts of the country. The grid, which is being managed by government-owned Transmission Company of Nigeria, has continued to suffer system collapse over the years amid a lack of spinning reserve that is meant to forestall […]

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Implementation of 7.5% VAT begins February 1 in Nigeria — Minister

The Federal Government will from February 1 begin the implementation of 7.5 per cent Value Added Tax espoused by the finance law. The law, according to the government, will take effect after all the necessary administrative procedures must have been completed, especially the gazette of the Act by the Federal Ministry of Justice. The Minister […]

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Buhari embarks on first foreign trip in 2020

The President Muhammadu Buhari will embark on a six-day trip to London on Friday (today), according to the State House. He is to participate in the inaugural UK-Africa Investment Summit, while in London. The summit itself opens on Monday, January 20, but Buhari jets out of Abuja today. Buhari is expected back to Nigeria on […]

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7.5% VAT rate has taken off, says Nigerian government

The implementation of the newly introduced 7.5 per cent  hike in Value Added Tax (VAT) and related tax adjustments in the 2010 Finance Act has commenced, says  Accountant-General of the Federation (AGF), Mr. Ahmed Idris said on Wednesday. The implementation is sequel to Monday’s signing of the Finance Bill by  President Muhammadu Buhari . The AGF […]

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US and China sign deal to ease trade war

The US and China have signed an agreement aimed at easing a trade war that has rattled markets and weighed on the global economy. Speaking in Washington, US President Donald Trump said the pact would be “transformative” for the US economy. Chinese leaders called it a “win-win” deal that would help foster better relations between the two […]

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My removal unfair, unjust – Ihedioha

Chief Emeka Ihedioha of the Peoples Democratic  Party (PDP) on Wednesday broke his silence on Tuesday’s Supreme Court judgment that sacked him as Imo State governor. He described the development, which left many surprised and  shocked, as unfair and  unjust. Ihedioha added that the facts on the ground, legal precedence and clear verdict of Imo […]

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I have 39 more prophecies, says Fr. Mbaka

The Spiritual Director of the Adoration Ministry, Enugu, Rev. Fr. Ejike Mbaka, says there are 39 more prophecies of his that will come to pass in 2020. Mbaka said this in a statement while reacting to the removal of the Imo State Governor, Emeka Ihedioha, by the Supreme Court and the inauguration of Senator Hope […]

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Nkem, I got your back, Ebere Ihedioha tells husband

The wife of the former governor of Imo State, Ebere Ihedioha, on Wednesday, assured her husband, Emeka Ihedioha, that he has her support. This is coming after  the Supreme Court in Abuja on Tuesday sacked Ihedioha and declared Senator Hope Uzodinma as the duly elected governor of the state. The immediate past First Lady of […]

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New Hope For Imo State, As Uzodinma Orders Probe of Ohakim, Okorocha, Ihedioha

The new governor of Imo state, Senator Hope Uzodinma, on Wednesday night called for the probe of three former governors of the state. The former governors are, Ikedi Ohakim, Rochas Okorocha and Emeka Ihedioha. The governor who gave the order in his inaugural speech immediately he was sworn in, ordered the Accountant General of the […]

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Why Supreme Court sacked Ihedioha, declared APC’s Uzodinma winner in Imo

The Supreme Court on Tuesday nullified the election of Emeka Ihedioha of the Peoples Democratic Party (PDP) as the governor of Imo State. The apex court declared Hope Uzodinma of the All Progressives Congress (APC) as the winner of the March 9 governorship election in the state. In the unanimous judgment of the seven-member panel, […]

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Toyota is recalling nearly 700,000 vehicles

Toyota is recalling nearly 700,000 Toyota and Lexus vehicles in the US because of issues with the fuel pumps. The pumps can stop operating, the company said, leading to engine failure. “If a vehicle stall occurs while driving at higher speeds, this could increase the risk of a crash,” the company said. Toyota says it’s […]

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Nigerian man jailed two weeks for making calls in court

A Kwara High Court in Ilorin on Tuesday sentenced a man, Abdulwahab Adebayo, to two weeks in a correctional facility for receiving phone calls during court proceedings. Justice Sikiru Oyinloye found Adebayo guilty of disturbing the court proceedings with his phone conversations. Oyinloye said the convict distracted the court and when he was summoned by […]

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Reps ask NERC to suspend electricity tariff increase

The House of Representatives Committee on Power has asked the National Electricity Regulatory Commission (NERC) to suspend the planned increase in electricity tariff. The committee chairman, Aliyu Magaji, at a meeting Tuesday said that the upward review should be suspended pending proper consultations on the matter NERC had earlier announced the review of the electricity […]

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Nigeria one of the worst countries to live for minimum wage earners – Report

Nigeria is one of the worst countries for minimum wage earners to live in, a new report by e-commerce firm, Picodi, has revealed. As at January 2020, Nigeria recorded the highest year to year increase in the minimum wage (N26,697). This is a 64.8 per cent increase, when compared to N16,200 received in 2019, hence, […]

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Nigerian senators express anger over N2 million Christmas allowance

What could you do with a Christmas bonus of N2 million? The response is faster if you are a Nigerian senator: not much. In fact, some senators have described the amount — which is only a fraction of a regular stream of benefits accrued to them — as “a mere drop” in the vast ocean […]

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Death sentence for ex-President overturned

A court in Pakistan has overturned a death sentence handed to the country’s former President and military ruler, Pervez Musharraf, dismissing it as “unconstitutional.” The 76-year-old, who has been living in self-imposed exile in Dubai since 2016, is now a free man and can freely return to Pakistan, Lahore’s High Court ruled Monday. The former leader […]

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Church’s accountant bags 18-year jail term for stealing tithe and offering

A federal high court in  Yola, Adamawa state, has sentenced Ibrahim Aku, accountant of the Church of Brethren in Nigeria, to 18 years in prison for fraud. Nathan Musa, the judge, gave the order while ruling on a six-count charge filed against the accused, on Monday. The Economic and Financial Crimes Commission (EFCC) had accused […]

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Buhari signs Finance Bill, approves 7.5% VAT increase

The President, Major General Muhammadu Buhari (retd.), on Monday, signed the 2020 Finance Bill into law. The Special Adviser to the President on Media and Publicity, Mr Femi Adesina, confirmed this development in a statement in Abuja. According to the presidential aide, this is sequel to its passage by the National Assembly and subsequent forwarding by […]

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