Federal Government to fully automate Student Loan Scheme and fund with Education Tax

The Federal Government has announced that the Student Loan Scheme expected to commence soon would have as one of its sources of funding, the Education Tax under the Federal Inland Revenue Service (FIRS). The FIRS Chairman, Zacch Adedeji who revealed this while briefing the press at the Presidential Villa, Abuja alongside the Executive Secretary of […]

Mr Nyesom Wike gives reason hampering the fight against banditry in FCT

Minister of Federal Capital Territory (FCT), Mr Nyesom Wike, on Monday said that inadequate equipment and operational vehicles were hampering the ongoing war against banditry and kidnappings in FCT. Wike, during a media chat with journalists in Abuja, also blamed the recent surge in kidnappings in some border communities of the FCT to lack of […]

Abuja high court invalidates 2024 River State appropriation bill

The Federal High Court, Abuja has invalidated the passage of the 2024 Rivers State appropriation bill by FIVE LAWMAKERS led by Edison Ehie. Tagged ‘Budget of Renewed Hope, Consolidation and Continuity’ the five-member faction of the Assembly loyal to Governor Siminalayi Fubara, had on December 13, passed the N800bn 2024 budget proposal presented to it […]

Taraba State Government bans the movement of motorcycles in the state capital

The Taraba State Government has banned the use of motorcycles of any kind within Jalingo, the state capital, and restricted the movement of tricycles between 6:00 am to 8:00 pm.  Following the constitution of a task force committee on a total ban on the use of motorcycles (okada) and control of tricycles (Keke), the measure, […]

FIFA President calls for forfeiture game when fans commit racist abuse

FIFA President, Gianni Infantino has called for the implementation of an automatic forfeit of games for teams whose fans commit racist abuse. It follows recent incidents at Udinese and Sheffield Wednesday, which he described as “totally abhorrent”Infantino said in a post on X that there should be harsher punishments, as FIFA and football shows full […]

CBN to hold its first MPC under the new Governor on February 26

The Central Bank of Nigeria CBN, says its Monetary Policy Committee MPC will hold its first meeting under the tenure of Mr Olayemi Cardoso as Governor, on Monday February 26 and Tuesday February 27, 2024. The announcement follows a two-day strategic session for MPC members ahead of the meeting. A calendar of MPC meetings for […]

President Tinubu calls for global tax system review

President Bola Tinubu, says developing counties need equitable access to capital, as this would provide the much-needed resources for development. The president who was represented by the Minister of Budget and Economic Planning, Abubakar Bagudu, spoke at the 19 th summit of heads of State and Government of the Non-Aligned Movement in Kampala Uganda, where […]

Florida Governor quits Presidential race, backs Trump

Florida Governor, Ron DeSantis has dropped out of the 2024 US presidential race, and endorsed Donald Trump. The surprise announcement came ahead of this week’s New Hampshire Republican primary, where Mr DeSantis was polling in the single digits. DeSantics said he did not have a clear path to victory, despite being considered a strong contender […]