FIRS Orders Fintechs to Report All Transactions Under New E-Invoicing System
The Federal Inland Revenue Service (FIRS) has directed fintech companies and payment gateways to report all transactions processed through their networks, as part of the implementation of its electronic invoicing (e-invoicing) system for large businesses. The directive, announced in Lagos during a two-day workshop, applies to major operators such as Flutterwave, Paystack, Remita, and Interswitch. […]
By-Elections: ADC Accuses Tinubu Govt of Undermining Democracy
The African Democratic Congress (ADC) has accused President Bola Ahmed Tinubu’s administration of presiding over the decline of democracy in Nigeria, following Saturday’s by-elections across 16 constituencies in 12 states. In a statement on Sunday, Bolaji Abdullahi, the ADC’s interim national publicity secretary, described the polls as “riddled with widely reported violence, vote buying, manipulation, […]
Tinubu Pledges to Make Transport Sector Nigeria’s Economic Pride
President Bola Tinubu has reaffirmed his administration’s commitment to repositioning Nigeria’s transport sector as a cornerstone of national economic growth. Speaking at the second matriculation ceremony of the Federal University of Transportation, Daura (FUTD), for the 2024/2025 academic session, Tinubu represented by the Minister of Transportation, Sen. Said Alkali said the institution is strategic to […]
Army Redeploys Top Commanders in Major Shake-Up
The Nigerian Army on Sunday announced a sweeping redeployment of top commanders, affecting Principal Staff Officers (PSOs), General Officers Commanding (GOCs), Corps Commanders, Commandants of training institutions, and Brigade Commanders. Acting Director, Army Public Relations, Lt.-Col. Appolonia Anele, confirmed the changes in a statement, noting that the redeployment was approved by the Chief of Army […]
Tinubu Approves ₦758bn Bond, Retirees to Receive ₦32,000 Monthly Pension Boost
Retired federal employees under the Contributory Pension Scheme (CPS) are set to begin receiving an additional ₦32,000 monthly pension, following President Bola Ahmed Tinubu’s approval of a ₦758 billion bond to clear outstanding pension liabilities. The bond will ensure that retirees benefit from the National Minimum Wage Amendment Act 2024 and its consequential adjustments. The […]
Fifth Night of Unrest in Serbia as Anti-Government Protests Escalate
Serbia has entered its fifth straight night of turmoil, with anti-government protests spreading across the country and violent clashes erupting between demonstrators and police. The latest unrest broke out in the city of Valjevo, where masked protesters set fire to offices belonging to the ruling Serbian Progressive Party (SNS). Police responded with stun grenades and […]
US Suspends Humanitarian Visas for Gaza Amid Mounting Criticism
The United States has suspended the issuance of visitor visas for Palestinians from Gaza, citing the need for a “full and thorough review” of recent humanitarian approvals, the State Department announced Saturday. In a post on X, the State Department said the pause applied to “a small number of temporary medical-humanitarian visas issued in recent […]
Putin Presses Trump for Ukrainian Concessions Ahead of Zelensky White House Visit
Russian President Vladimir Putin has reportedly told former U.S. President Donald Trump that Ukraine must surrender additional territory if peace is to be achieved—setting up a tense diplomatic test for Trump as he prepares to host Ukrainian President Volodymyr Zelensky at the White House on Monday. According to sources briefed on Friday’s closed-door Alaska summit, […]
PDP’s Fola Oyekunle Wins Ibadan North By-Election
Fola Oyekunle, candidate of the Peoples Democratic Party (PDP), has emerged winner of the Ibadan North federal constituency by-election. Abiodun Oluwadare, the returning officer, announced the result in the early hours of today in Ibadan. Oyekunle secured 18,404 votes to defeat Adewale Olatunji of the All Progressives Congress (APC), who polled 8,312 votes. Femi Akin-Alamu […]
EFCC Recovers ₦5bn, $10m in Massive Refinery Maintenance Fraud Probe
The Economic and Financial Crimes Commission (EFCC) has recovered over ₦5 billion and $10 million linked to massive fraud in the turnaround maintenance of Nigeria’s refineries in Port Harcourt, Kaduna, and Warri. Investigations revealed that contractors and senior officials of the Nigerian National Petroleum Company Limited (NNPCL) diverted billions of naira through inflated contracts, over-invoicing, […]
