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OPS seeks President’s help to stop beverage levy bill

By Yinka Kolawole The Organised Private Sector of Nigeria (OPSN), has called for President Bola Tinubu’s intervention to halt the passage of the proposed Customs, Excise and Tariff Amendment (CETA) Bill currently before the National Assembly which seeks to introduce a percentage levy per litre of the retail price on non-alcoholic beverages. The members of OPSN […]

Manufacturing tax contributions maintain upward trend in 2025

…VAT rises 45.6% to N1.17trn; CIT up 32.8% to N881.3bn By Yinka Kolawole The manufacturing sector’s contribution to tax revenue collections in Nigeria maintained an upward trend in 2025, contributing a total of N1.17 trillion in Value Added Tax (VAT) representing an increase of 45.61 percent over the N803.53 billion recorded in 2024 while the sector’s Company […]

Cardoso living up to his promise 1

By Dele sobowale CBN Governor Yemi Cardoso, during his confirmation hearing, September 2023.  Thank God, there is one silver lining in a predominantly dark sky over Nigeria. The current Governor of the Central Bank of Nigeria, CBN, has returned the institution to its former glory. Four Governors have managed the affairs of the bank, before him, since […]

Electricity: FG sets up committee to tackle gas to power challenge

By Obas Esiedesa The Federal Government has inaugurated a Gas-to-Power Monitoring Committee to address persistent gas supply challenges affecting electricity generation in the country. Speaking at the inauguration in Abuja, the Minister of Power, Chief Adebayo Adelabu, described the initiative as a decisive step towards resolving one of the most critical constraints in the Nigerian Electricity […]

Senate 2027: Okowa bows to Anioma leaders’ demand, accepts to seek ticket

Immediate past Governor of Delta, Senator Dr Ifeanyi Okowa, on Sunday declared interest to seek All Progressives Congress (APC) ticket to the Senate in the 2027 general elections. This was sequel to a demand by high-profile political leaders in Delta North Senatorial District, who besieged his residence in Asaba, to make the request. The leaders, […]

The ABC, ADC and APC of Nigerian politics, by Owei Lakemfa

In as much as many have undertaken to speak on the ongoing political crises in the country centering on the future of electoral politics, I have decided to make basic clarifications. My preferred surgical tools are the Antecedent, Behaviour and Consequence, ABC,  of what might, on the long run, endanger us all and, of course, condemn […]

NDLEA arrests 93-year-old, doctor in nationwide drug crackdown

By Kingsley Omonobi Operatives of the National Drug Law Enforcement Agency (NDLEA) at the weekend arrested a 93-year-old man and a 69-year-old medical doctor among other suspects during a nationwide crackdown on drug cartels. Director of Media and Advocacy, Femi Babafemi, said the operations were intelligence-led and carried out across several states. In one operation, […]

Stock market maintains uptrend as investors gain N1.4trn in 4 days

By Peter Egwuatu   The Nigerian stock market extended its bullish momentum, Week-on-Week, WoW, at the close of trading last week , as sustained institutional demand for large-cap and fundamentally resilient stocks continued to drive the Nigerian Exchange Limited, NGX benchmark Index, All Share Index, ASI, and market capitalisation  higher. Specifically, investors garnered N1.359 trillion from their […]

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