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News - Page 612

Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

The Supreme Council for Shari’ah in Nigeria (SCSN) has raised the alarm over alleged discrepancies between tax reform bills passed by the National Assembly and the versions later gazetted and presented to the public, describing the development as a potential constitutional violation

December 19, 2025

News

Just In: EFCC Recovers N30bn Out Of N37.1bn Humanitarian Ministry’s Looted Funds

The Economic and Financial Crimes Commission (EFCC) says it has successfully retrieved over N30 billion from the alleged N37.1 billion laundered within the Ministry of Humanitarian Affairs. Former minister Sadiya Umar-Farouq and contractor James Okwete remain under intense investigation, with a lien

February 4, 2024

News

Nigeria, Norway To Join Forces In Energy Production For Businesses

Norwegian Ambassador to Nigeria, Svein Baera, has emphasised the urgent need for Nigeria and Norway to fortify collaboration on energy production. Ambassador Baera, who made the call at an event hosted by the Nigerian Norwegian Chamber of Commerce (NNCC) in Lagos, underscored

February 4, 2024

News·Oil & Gas

NNPCL Unveils 36 Oil Block Concessions With Global, Local Partners

The Nigerian National Petroleum Company Limited (NNPCL) has disclosed the concession of 36 oil blocks to international and indigenous oil companies. According to the NNPCL’s latest financial statements, these concessions span deepwater, continental shelf, land, swamp, and partially swamp terrains. Noteworthy blocks

February 4, 2024

Namibia Mourns As President Hage Geingob Succumbs To Cancer

Africa

Namibians Mourn As President Hage Geingob Succumbs To Cancer

Namibia's President Hage Geingob, aged 82, passed away during his medical treatment in Windhoek.

February 4, 2024

News·Politics

Bye-election: APC’s Laguda Wins Surulere Constituency To Replace Gbajabiamila

The All Progressives Congress (APC) candidate Fuad Laguda has been declared winner of the Surulere Federal Constituency 1 Bye-Election by the Independent National Electoral Commission (INEC). Returning Officer for the bye-election, Simeon Adebayo, who declared the result after the polls held on

February 4, 2024

Business·News

Importers, Clearing Agents Groan As Nigerian Govt Raises Cargo Clearance Exchange Rate To N1,356/$1

The Nigerian government has raised the exchange rate for cargo clearance from N952/$ to N1,356 per dollar.

February 3, 2024

Business·News

Nigerian Govt, AfDB Unveils $617m IDICE Fund To Ignite Creative Economy Boom

Nigeria's Minister of Art, Culture, and Creative Economy, Hannatu Musawa, announced the launch of the $617 million Investment in Digital and Creative Enterprises (IDICE) Fund, a collaborative effort with the African Development Bank (AfDB).

February 3, 2024

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency·News

CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira

The Central Bank of Nigeria (CBN) has denied planning to convert $30 billion deposits in domiciliary accounts in the country to naira. A report in one of the media outlets on Saturday quoted a source as saying that the government plans to

February 3, 2024

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

News

Electricity Consumers Tackle Traducers Of Geometric Power In Aba

Southeast Zonal Chapter of the Electricity Consumers of Nigeria (ECAN) has criticised those it described as mortal enemies of the geopolitical zone for "working against the takeoff of the Geometric Power plant" in the Osisioma Industrial Estate in Aba Abia State.

February 3, 2024

Africa·News·Sports

AFCON 2023: 5 Observations From Super Eagles Win Against Angola

The Super Eagles reached the semifinals of the 2023 Africa Cup of Nations in Cote d'Ivoire with a 1-0 win over Angola at the Houphouët-Boigny stadium, Abidjan on Friday evening

February 3, 2024

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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News - Page 612

Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

Just In: EFCC Recovers N30bn Out Of N37.1bn Humanitarian Ministry’s Looted Funds

Nigeria, Norway To Join Forces In Energy Production For Businesses

NNPCL Unveils 36 Oil Block Concessions With Global, Local Partners

Namibians Mourn As President Hage Geingob Succumbs To Cancer

Bye-election: APC’s Laguda Wins Surulere Constituency To Replace Gbajabiamila

Importers, Clearing Agents Groan As Nigerian Govt Raises Cargo Clearance Exchange Rate To N1,356/$1

Nigerian Govt, AfDB Unveils $617m IDICE Fund To Ignite Creative Economy Boom

CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira

Electricity Consumers Tackle Traducers Of Geometric Power In Aba

AFCON 2023: 5 Observations From Super Eagles Win Against Angola

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Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

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Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

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