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Bwala Dismisses Coalition Talks As ‘Political Hallucination’ Ahead 2027 Polls

The presidency has dismissed ongoing speculations about a surging political coalition aimed at challenging President Bola Ahmed Tinubu’s administration. In a statement on X, the Special Adviser to the President on Policy Communication, Daniel Bwala, described the narrative as nothing more than

May 8, 2025

Tax reform bills

Senate Passes Two Tax Reform Bills

The Senate has passed two out of four major tax reform bills, marking a significant milestone in the ongoing overhaul of the nation’s tax administration framework. The two bills, one seeking to repeal the Federal Inland Revenue Service (Establishment) Act and another

May 8, 2025

Economy·News·Politics

Dangote Visits Tinubu, Hails President’s Reform In Oil Sector

President of Dangote Group, Aliko Dangote, paid a visit to President Bola Tinubu in Abuja over the weekend, and lauded him for what he described as assembling a “capable leadership team” at the Nigerian National Petroleum Company Limited. During the visit, Dangote

May 7, 2025

OpenAI To Buy Windsurf For About $3 Billion

OpenAI has agreed to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Monday, citing people familiar with the matter. The deal has not yet closed, the report added. Windsurf, formerly known as Codeium, had recently been

May 7, 2025

MTN Nigeria Declares N133.7bn Profit In Q1 2025

MTN Nigeria Communications Plc has declared a profit after tax of N133.7 billion for the first quarter (Q1) ended March 31, 2025, from a loss of N392.7 billion recorded in the first quarter of 2024. From the profit and loss figures, the

May 7, 2025

Former Governorship Candidates, Supporters Dump PDP, ACP For APC In Niger

Niger State political realignment continues to gather momentum as over 12,000 members of the Peoples Democratic Party (PDP) and Advanced Congress of Democrats (ACD) have defected to the ruling All Progressives Congress (APC). The defection, which was led by former ACD gubernatorial

May 7, 2025

Shell Plans to Acquire BP Plc— Report

Shell Plc is working with advisers to evaluate a potential acquisition of rival BP Plc, Bloomberg News has reported. The report said the international oil major is waiting for further stock and oil price declines before deciding whether to pursue a bid,

May 7, 2025

EFCC operatives 1 e1477486955766 1

EFCC: We’re Legally Justified to Hold VDM in Custody

The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of a popular rights activist and social media influencer, Martins Vincent Otse, also known as VeryDarkMan (VDM). The anti-graft agency, in a statement on its X handle on Tuesday, said Otse

May 6, 2025

Warren Buffett To Step Down As CEO, Net Worth Falls By $8.1bn

Warren Buffett, the world’s fifth-richest person with an estimated net worth of about $169 billion, has announced his retirement as CEO of Berkshire Hathaway at age 94. At the company’s annual meeting in Omaha, he revealed Greg Abel would take over by

May 6, 2025

Oil Prices Surge Nearly 3% as Recent Drop Sparks Buying Frenzy

Oil gained more than $1.50 per barrel on Tuesday, rebounding on technical factors and bargain hunting. Although concerns about a market surplus persisted, the increase was fueled after a decision by OPEC+ to boost output sent prices down in the previous session,

May 6, 2025

MTN Nigeria Declares N133.7bn Profit In Q1 2025

MTN Nigeria Communications Plc has declared a profit after tax of N133.7 billion for the first quarter (Q1) ended March 31, 2025, from a loss of N392.7 billion recorded in the first quarter of 2024. From the profit and loss figures, the

May 6, 2025

Senate Resumes, Prioritises Tax Reforms, Rivers Crisis Reconciliation

The Senate has announced plans to work closely with the Executive to address socio-political tensions, particularly the crisis in Rivers State. According to a statement issued on Monday ahead of resumption of plenary at the National Assembly, Leader of the Senate, Senator

May 6, 2025

FEC Approves ‘Nigeria First’ Policy To Support Local Industry

The Federal Executive Council (FEC) has approved a Nigeria First economic policy targeted at prioritising the use of locally manufactured goods and services in all government procurements. Nigeria’s Minister of Information and National Orientation, Mohammed Idris, said this on Monday after the

May 6, 2025

Economy·Life & style·News·Politics

BREAKING: EFCC Confirms Arrest Of VDM

The Economic and Financial Crimes Commission (EFCC) has confirmed the arrested of a popular rights activist and social media influencer, Martins Vincent Otse, also known as VeryDarkMan (VDM). The anti-graft agency, in a statement on its X handle on Tuesday, said Otse

May 6, 2025

2025 UTME: JAMB Says Over 1.5m Candidates Scored Below 200

The Joint Admissions and Matriculation Board (JAMB) has released a statistical breakdown of the 2025 Unified Tertiary Matriculation Examination (UTME), revealing that over 1.5 million of the 1.95 million candidates scored below 200/400. In a post on its official X on Monday,

May 6, 2025

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