Tinubu | The Beacon NG Newspaper

Economy: ‘’The Future Looks Bright’’, Tinubu Assures Nigerians

President Bola Tinubu expressed confidence in the country’s economic recovery and urged Nigerians to trust his administration’s reforms. However, inflation levels in Nigeria have reached new highs, driving the cost of basic commodities beyond the reach of millions in Africa’s most populous

by News Editor

December 10, 2024

Politics

Tinubu Congratulates Ghana’s John Mahama on Presidential Election Victory

President Bola Tinubu has congratulated President-elect John Dramani Mahama on his victory in the Saturday general election in Ghana, following his opponent’s concession speech. In a telephone call on Sunday to Mahama, President Tinubu hoped that Mahama’s ascension to power for the

by News Editor

December 9, 2024

News

FG sacks Togo, Benin degree holders from MDAs

The Federal Government has fired some civil servants with degrees from private tertiary institutions in Benin Republic and Togo. The directive affected federal workers who graduated from the institutions from 2017 to date. The Director of Information and Public Relations in the

by News Editor

December 5, 2024

Economy

Liquidity Crunch Hits Nigerian Banks: Borrowing from CBN Falls by 44.9% in November

Amid liquidity challenges in the financial sector, Nigerian banks borrowed an estimated N9.97 trillion from the Central Bank of Nigeria (CBN) in November 2024, about 44.90 per cent Month-on-Month (MoM) decline from the N18.09 trillion reported in October 2024, a report by

by News Editor

December 5, 2024

Economy·News·Politics

Tax Reform Bills Not Withdrawn, Senate Not Intimidated – Akpabio

The Senate has reaffirmed its commitment to advancing the Tax Reform Bills, noting that no aspect of the legislative process has been suspended or withdrawn. Senate President, Senator Godswill Akpabio stated during plenary on Thursday that the upper chamber remains focused on

by News Editor

December 5, 2024

Economy·News

Nigeria, South Africa Set Up Advisory Council to Strengthen Trade, Investment

Nigeria and South Africa have fully activated the Joint Ministerial Advisory Council on Industry, Trade, and Investment to enhance economic cooperation between the two leading African economies. President Cyril Ramaphosa disclosed the decision on Tuesday in Cape Town, South Africa, at the

by News Editor

December 4, 2024

Economy

10 Ways Tax Bills Will Enhance State Revenues — Presidency

The Senior Special Assistant to the Presidency on Media and Publicity, Temitope Ajayi in an explanatory statement on Wednesday, has shed more light on the controversial tax bills. This was after President Bola Tinubu on Tuesday, directed the National Assembly and the

by News Editor

December 4, 2024

Economy

Nigeria, South Africa Cannot Afford To Fail Africa – Tinubu

Nigeria, South Africa Cannot Afford To Fail Africa – Tinubu President Bola Tinubu on Tuesday said Nigeria and South Africa cannot afford to fail the African continent, calling for a robust partnership between both countries. President Tinubu made the call in Cape

by News Editor

December 4, 2024

News

Don’t Rush Tax Reforms: Peter Obi Calls for Open Public Debate

The Labour Party’s presidential candidate for the 2023 general election, Mr. Peter Obi, has advised the Bola Tinubu administration to engage citizens in a national debate before finalizing the tax reform bills into law. The politician shared this statement on his official

by News Editor

December 3, 2024

Economy·News

Tax Reform Bills: A Solution to Elite Financial Recklessness, Says Bishop Kukah

Bishop Matthew Kukah, founder of the Kukah Centre, stated that the controversial tax reform bills proposed by Bola Tinubu’s administration aim to curb financial recklessness among the elite. He shared his views as a guest on Channels Television’s Morning Brief on Tuesday,

by News Editor

December 3, 2024

News

BREAKING: STATE HOUSE PRESS STATEMENT

NO PART OF TAX REFORM BILLS RECOMMENDS SCRAPPING TETFUND, NASENI, AND NITDA...NO PROVISION WILL IMPOVERISH THE NORTH

by News Editor

December 2, 2024

Economy

BREAKING: FG Orders Opay, Moniepoint, others to Charge 50 Naira E-Transfer Levy

The Federal Government of Nigeria has introduced a mandatory N50 Electronic Money Transfer Levy (EMTL) on fintech platforms, including Opay and Moniepoint for transactions of ₦10,000 and above. This new levy, implemented under the Finance Act 2020, had previously only applied to

by News Editor

December 2, 2024

Economy

Another Multinational Company Plans Exit from Nigeria

Swiss cement giant Holcim has announced plans to exit the Nigerian market, citing challenging economic conditions under the administration of President Bola Tinubu. The decision was reported by The People’s Gazette.Holcim’s planned withdrawal comes amid persistent economic issues, including high inflation, currency

by News Editor

December 1, 2024

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