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2023 budget: Senate to slash proposed N6trn import duty waiver by 50%
The Senate will reduce the import duty waivers proposed for the N19.76 trillion 2023 budget, which will result in a N12.4 trillion deficit.
Solomon Adeola, Chairman of the Senate Committee on Finance, stated this in Abuja on Tuesday during…
Kwara musician, others bag 20 years for cybercrime
Justice Muhammed Sani of the Federal High Court in Ilorin, Kwara State, convicted and sentenced a Lokoja-born musician, Samuel Onojah, and two others to 20 years in prison for cybercrime-related offences.
Onojah was convicted alongside…
Buhari Hails CBN, NDIC, NAICOM, Others on Financial System Stability
President Muhammadu Buhari praised the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (NDIC), the National Insurance Commission (NAICOM), and the Securities and Exchange Commission (SEC), among other critical…
Agosasa: Gov Abiodun vows to arrest sponsors, perpetrators of violence
Dapo Abiodun, Governor of Ogun State, has vowed to pursue the sponsors and perpetrators of the obaship crisis that claimed lives and property in Agosasa, Ipokia Local Government Area of the state.
It was reported yesterday that three…
US, Nigeria Agree on Gas Deployment in Push for Renewable Energy Sources
Mr. John Kerry, the United States' Special Envoy on Climate Change and a member of the country's security council, assured Nigeria yesterday of the country's technical assistance in its efforts to decarbonize its energy sources.
Kerry, a…
ASUU strike: Monarch, others stranded as protesting students block Lagos-Ibadan expressway
Motorists on the Lagos-Ibadan Expressway were stranded for hours yesterday as university students protested the continued strike by members of the Academic Staff Union of Universities, ASUU.
The students, who were acting on behalf of the…
Sri Lanka, Pakistan among biggest Chinese debtors – World Bank
Adoba Echono, Abuja
According to a World Bank report, South Asian countries such as Sri Lanka, Pakistan, and the Maldives are engulfed in Chinese debt.
Pakistan owes China $77.3 billion in foreign exchange, while Maldives owe China 31…
NCC, NSCDC align to tackle telecom crimes
The Nigerian Communications Commission (NCC) has joined forces with the Nigerian Security and Civil Defence Corps (NSCDC) to combat some of the criminal activities plaguing the telecom industry, including telecom equipment vandalism and…
Two suspected kidnappers killed, victims rescued in Kwara
In an exchange of gunfire, two suspected kidnappers were killed by Kwara State police command operatives.
They were accosted in the bush while attempting to split the ransom collected from the families of two kidnapped victims.
The…
Nigeria remains top ally of the UK- British high-commissioner
According to Catriona Liang, the British High Commissioner to Nigeria, the country is critical in Africa and remains a key ally and priority for the UK in many areas of mutual interest, including security, trade, energy transition, and…