Category: World
Tax Reform Bills – 10 Most Frequently Asked Questions | Taiwo Oyedele
It is not unusual for a major reform such as this to elicit keen interest from all stakeholders. This development is necessary to achieve the best outcomes that benefits all as it provides an opportunity for further engagements which is healthy for the system. In this regard, we have collated the most frequently asked questions…
Customs seizes N46bn illicit drugs in Rivers
The Nigeria Customs Service, Area 2 Command Onne, Rivers, has confiscated 21 containers of contraband drugs, donkey skin, and other items valued at over N46 billion. The command’s Comptroller, Mr Muhammad Babandede, disclosed this while briefing newsmen on Monday in Onne, Rivers. Babandede listed the confiscated items to include; cough syrups, Tramadol, fake antibiotics, chilly…
Nigeria’s External Reserves add $244m in seven days to cross $40bn
Nigeria’s external reserves increased by $244 million ( $244,727, 958) from $39,832,802,155 on November 1, to $40,077,530,113 on November 7. The external reserves stood at $39.07 billion as of September 19, 2024, an increase of 17.4 percent compared with US$33.28 billion in the corresponding period of 2023. That was 8 months of import cover for…
IPMAN Announces Agreement with Dangote Refinery To Reduce Fuel Prices
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced a strategic partnership with the Dangote Refinery to directly procure Premium Motor Spirit (PMS) as part of efforts to stabilize and potentially reduce fuel prices across the country. This development was disclosed on Monday by IPMAN’s National President, Abubakar Garima, during a press briefing held…
Gaza’s top Islamic scholar issues fatwa criticising 7 October attack
The most prominent Islamic scholar in Gaza has issued a rare, powerful fatwa condemning Hamas’s 7 October 2023 attack on Israel, which triggered the devastating war in the Palestinian territory. Professor Dr Salman al-Dayah, a former dean of the Faculty of Sharia and Law at the Hamas-affiliated Islamic University of Gaza, is one of the…