Dangote Refinery Reduces Petrol Price by N65 Ahead of Ramadan
The Dangote Petroleum Refinery has announced a reduction of N65 in the ex-depot (gantry) price of Premium Motor Spirit (PMS), lowering it from N890 to N825 per litre. The new…
FMBN Boss Proposes Tax on Unoccupied Houses to Bridge Nigeria’s Housing Deficit
The Managing Director/Chief Executive of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi has called for a tax on unoccupied properties to help bridge Nigeria’s housing gap. He…
Rising Rent Crisis in Lagos: Tenants Demand Government Intervention as Housing Costs Surge
The cost of renting homes in Lagos continues to rise, leaving many residents struggling and calling for government intervention. Damilola Adebayo’s 71-year-old father recently relocated after his former landlord sold…
FRC Endorses Tax Reform Bill, Calls for Measures to Boost Economic Growth
The Fiscal Responsibility Commission (FRC) has expressed strong support for the proposed Tax Reform Bill under consideration. Bede Ogueri Anyanwu, FRC’s Head of Strategic Communications, described the bill as crucial…
Justice Oshodi Rejects Recusal Bid in Emefiele’s Ongoing Trial
Justice Rahman Oshodi of the Lagos State Special Offences Court, Ikeja, has dismissed the defence’s recusal application. Olalekan Ojo, leading the defence, argued that previous rulings by the judge indicated…
Minister of Women Affairs Applauds FMBN Partnership for Women’s Housing Empowerment
The Honourable Minister of Women Affairs, Hajiya Imaan Sulaiman-Ibrahim, has praised FMBN’s partnership focused on empowering women. The collaboration aims to provide accessible housing financing solutions, bridging Nigeria’s gender gap…
MAN Backs Proposed Free Trade Zones Reform for Fair Taxation
The Manufacturers Association of Nigeria (MAN) supports proposed reforms to free trade zones (FTZs), promoting equitable tax treatment. MAN’s Director General, Segun Ajayi-Kadir, stated that the changes would ensure fair…
Donald Trump Introduces $5 Million ‘Gold Card’ for Wealthy Foreigners Seeking U.S. Citizenship
U.S. President Donald Trump has announced a new “gold card” program, allowing wealthy foreigners to live, work, and pursue U.S. citizenship for a $5 million fee. Speaking from the Oval…
Onitsha Traders Sue NAFDAC, SON Over Alleged Rights Violation
Four traders from Ogbo Ogwu Bridge Head Market, Onitsha, have sued NAFDAC, SON, and two officials, alleging human rights violations. The traders—Peter Okala, Alhaji Yunusa Tanko, Prof. Samuel Anidike, and…
Naira Depreciates to N1,502/$ in Parallel Market
The Naira weakened to N1,502 per dollar in the parallel market yesterday, down from N1,500 per dollar on Monday. However, data from the Central Bank of Nigeria (CBN) revealed the…