By Jemimah Wellingtn, JKNewsMedia Reporter THE PROPOSED tax reform bills before the National Assembly have sparked widespread debate, with the Nigeria Labour Congress (NLC) urging the federal government to withdraw them. The NLC argues that the laws, including the Nigeria Tax Bill and the Nigeria Revenue Service Establishment Bill, lack input...
By Joke Kujenya A SURGE of optimism greeted Nigerians on Wednesday as President Bola Tinubu delivered his New Year message for 2025, outlining plans to revitalise the economy and foster national unity. He acknowledged the challenges of 2024, including high inflation, soaring food prices, and the cost of essential drugs, while expressing confid...
By Jemimah Wellington, JKNewsMedia Reporter SOME NIGERIANS face imminent disruptions to call and Internet services as telecommunications operators threaten service shedding due to unresolved tariff issues. The Association of Licensed Telecommunications Operators of Nigeria (ALTON) raised the alarm on Monday, highlighting the urgent need for t...
By Jemimah Wellington, JKNewsMedia Reporter THE WARRI Refinery and Petrochemical Company has resumed operations after years of inactivity, marking a significant stride in Nigeria’s effort to restore local refining capacity. This development comes shortly after the Nigerian National Petroleum Company Limited (NNPCL) restarted operations at the...
By Jemimah Wellington, JKNewsMedia Reporter A $2 BILLION currency swap agreement, equivalent to 15 billion yuan, has been renewed to enhance bilateral trade, boost investment, and strengthen cooperation between Nigeria and China. The People’s Bank of China (PBOC), in a statement released on Friday, confirmed that the arrangement would be exte...
By Jemimah Wellington, JKNewsMedia Reporter CLAIMS BY Niger Republic’s military leader, General Abdourahamane Tchiani, suggesting a conspiracy between Nigeria and France to destabilise his country, have been categorically denied by the Federal Government of Nigeria. These allegations, made in a viral video, have been dismissed as baseless and...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s inflation rate, currently at 34%, could drop to 15% by 2025 if President Bola Tinubu’s ambitious plans succeed. Speaking during his first media chat in Lagos, Tinubu revealed targeted measures to stabilise the economy and spur growth, including boosting local production, improving farming s...
A FEDERAL High Court in Lagos has sentenced four drug barons to a combined 28 years of imprisonment with hard labour for their roles in the seizure of 2,139.55 kilograms of cocaine. This has been described as the largest single haul in Nigeria’s history. The court, presided over by Justice Yellim Bogoro, also ordered the […]
By Jemimah Wellington, JKNewsMedia Reporter PUBLIC HEALTH concerns have led the National Agency for Food and Drug Administration and Control (NAFDAC) to shut down an illegal factory producing unregistered cosmetic products in the Iba area of Lagos. The operation followed weeks of surveillance by NAFDAC operatives, culminating in a raid that e...
By Joke Kujenya ECONOMIC HARDSHIPS continue to burden Nigerians following key reforms introduced by President Bola Tinubu since his assumption of office in May 2023. Rising inflation, a weakening naira, and surging fuel prices have sparked nationwide discontent, but the President remains resolute. During his maiden presidential media chat hel...
