Year: 2025

Taxes: FG nets N393bn from Dangote, nine others

Editor

According to an investigation, ten firms that are listed on the Nigerian Exchange paid N392.7 billion in income taxes to the Federal Government in the first half of 2025, up 16.1% year over year from N338.3 billion in the same time in 2024. The companies are Dangote Cement Plc, Nestle Nigeria Plc, Lafarge Africa Plc, BUA Cement Plc, International Breweries Plc, Julius Berger Plc, Nascon Allied Industries Plc, UAC of Nigeria Plc, Cadbury Nigeria Plc, and Dangote Sugar Refinery Plc, according to their Condensed Consolidated Statement of Profit or Loss…

I await full briefing on Abuja–Kaduna train disaster —Tinubu

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In order to guarantee prompt action and support for everyone impacted, President Bola Tinubu expressed his condolences to the passengers of the Abuja–Kaduna train that derailed on Tuesday along the Kaduna corridor. He stated that he was awaiting a comprehensive briefing. In the meantime, Mr. Kayode Opeifa, the Managing Director of the Nigerian Railway Corporation, or NRC, has accepted full responsibility for the catastrophe. Following the recent derailment, Mr. Peter Obi, the Labour Party’s (LP) 2023 presidential contender, urged the public to have more faith in Nigeria’s transportation system. Shortly…

FG, ASUU to meet; Alausa leads talks to resolve issues.

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A high-stakes meeting is anticipated in Abuja today as the federal government is expected to present a counter offer to university teachers in an attempt to turn years of stalled renegotiations into tangible, implementable commitments with the Academic Staff Union of Universities, or ASUU, in an effort to finally close the chapter on the lingering 2009 ASUU agreement. According to informed sources, Dr. Maruf Tunji Alausa, the Minister of Education, will meet with ASUU leaders in Abuja along with the Minister of Labor, representatives from the National Salaries, Incomes and…

Jonathan demands credible INEC chairman selection, decries defections

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$49 Billion Didnt Go Missing Under My Watch - Ex-President Jonathan Speaks

Nigeria’s election system needs immediate revisions, according to former President Goodluck Jonathan, who specifically cited the rising tendency of political defections and the appointment process for the chairman of the Independent National election Commission. Speaking through Ann Iyonu, Executive Director of the Goodluck Jonathan Foundation, at the National Action Plan for Electoral Reform Dialogue hosted by the Abuja School of Social and Political Thought, Jonathan acknowledged the progress made since the return to democratic rule in 1999 but emphasized the electoral system’s enduring problems. Since returning to democratic governance, Nigeria…

APC opens up 2027 presidential ticket to other aspirants, challenging Tinubu.

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2027 Election: APC Responsible For Divisions, Crisis Within Opposition Parties – NNPP Alleges

Despite President Bola Tinubu’s broad support for a second term, the All Progressives Congress has made it clear that other party members who are interested in running for president are still allowed to run for the party’s ticket in the 2027 primary. During an interview with reporters at the APC’s national secretariat in Abuja on Wednesday, Sulaiman Argungu, the party’s national organizing secretary, made this claim. He reiterated that Tinubu’s re-election bid had been approved by the party’s leadership, which included the National Working Committee, the Progressives Governors Forum under…

CBN Mandates Geo-tagging for All PoS Terminals in Nigeria

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In an effort to reduce fraud and improve control of digital payments, the Central Bank of Nigeria has mandated that all Point of Sale (PoS) terminals in the nation be geo-tagged within 60 days. The goal of this project is to guarantee the security of transactions and the traceability of all PoS terminals. In a statement dated August 26, 2025, which our correspondent was able to receive, the CBN stated that non-compliant devices would be terminated and that terminals operating outside of their registered area would be highlighted. For precise…

Ex-Governor’s Aide: Alaafin Lacks Authority Outside Oyo

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The Alaafin of Oyo, Oba Abimbola Owoade, has come under fire from Doyin Odebowale, a former Senior Special Assistant on Special Duties to the late Ondo State Governor Rotimi Akeredolu, for demanding that the Ooni of Ife withdraw a chieftaincy title that was recently granted to a businessman from Ibadan. In an interview with Channels Television’s The Morning Brief on Wednesday, Odebowale made the case that traditional leaders are not constitutionally superior to elected officials at the local government level and only have power within their domain. Roles are misunderstood…

NAHCON Unveils New Digital Hajj Savings Scheme

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A new online platform for the Hajj Savings Scheme for prospective pilgrims will be unveiled by the Alternative Bank and the National Hajj Commission of Nigeria. This was revealed by NAHCON in a statement released on Wednesday in Abuja by Malam Kabir Muhammad, its information officer. According to Muhammad, the portal would enable prospective pilgrims to open and maintain their accounts with the Hajj Savings Scheme straight from their computers, cellphones, and tablets. He claims that the action is intended to increase the scheme’s nationwide scope and streamline access to…

Northern CAN Calls on Nigerians to Get Their PVCs

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In the Federal Capital Territory and the 19 Northern states, the Christian Association of Nigeria (CAN) has urged Nigerians to actively participate in the Independent National Electoral Commission’s (INEC) ongoing Continuous Voter Registration (CVR) campaign. Voter registration is still the first step for residents who are determined to have their opinions heard in governance, according to a statement released on Wednesday by Northern CAN Chairman Rev. John Joseph Hayab. “Our votes count. If votes were useless, no one would attempt to buy them. Nigerians should understand that the real power…

Police Foils Kidnap Operation, Rescues 16 Along Benin-Lagos Road

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In a series of well-coordinated operations along the Benin–Lagos and Benin–Akure routes, the Edo State Police Command has rescued 16 abducted victims. In a statement released on Wednesday, Moses Yamu, the police public relations officer, acknowledged the development and said the operations came after separate occurrences on August 23, 2025, when armed kidnappers barricaded parts of the roadways and kidnapped multiple travelers. The statement claims that tactical teams, local vigilantes, hunters, and Iguobazuwa and Ekiadolor Divisions quickly mobilized in response to distress calls. To find the kidnappers and rescue the…