NaijWeb Keeping you informed…

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has dismissed reports that the value-added tax (VAT) rate has been increased from 7.5% to 10%.   He emphasized in a statement released on Sunday, September 8, that the VAT rate remains at 7.5%, as stipulated by the country’s tax …

The Nigerian Army has dismissed claims that the recent resignation of 196 soldiers was driven by poor welfare or corruption within the military.   The Army clarified that the resignations were voluntary and part of the normal personnel disengagement process.   According to a statement from the Director of Public Relations, Major …

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to reverse the recent increase in the pump price of Premium Motor Spirit (PMS), describing it as “illegal and unconstitutional.” The group criticized the Nigerian National Petroleum Company Limited (NNPCL) for disregarding the plight of ordinary Nigerians who …

Former Vice President Atiku Abubakar has sharply criticized President Bola Tinubu’s administration over its plan to increase the value-added tax (VAT) from 7.5% to 10%, describing the move as a blow to the already struggling Nigerian population.   Atiku, in a statement released via his X handle on Sunday, September 8, …

Former US President Donald Trump has made a request to ensure a fair debate with Vice President Kamala Harris on September 10. In a post on his social media platform, Truth Social, Trump stated that “no boxes or artificial lifts” will be allowed during the debate, as it would be …

 The Federal Government has implemented a N50 levy on electronic money transfers (EMTL) of N10,000 and above, targeting customers of fintech platforms like Opay and Moniepoint. The levy, mandated by the Federal Inland Revenue Service (FIRS), will take effect on September 9, 2024, according to notifications sent by fintech companies …

The Nigerian Immigration Service (NIS) has announced the deportation of 61 foreign nationals in August 2024 as part of its ongoing efforts to tackle irregular migration. This action is a significant step in enforcing the country’s immigration laws and ensuring stricter border control. According to an official report, the NIS …

The Edo State Government has announced the indefinite suspension of school resumption due to the recent increase in fuel prices, which has caused widespread hardship. Initially scheduled for September 9, 2024, the reopening of public and private schools across the state has been postponed, according to a statement issued by …

Nigerian nurses working abroad are facing an uncertain future following the deactivation of the Nursing and Midwifery Council of Nigeria’s (NMCN) verification portal in February 2024. Without access to this crucial portal, many nurses are unable to renew their licenses or meet international regulatory requirements, leaving them in violation of …

The Nigeria Labour Congress (NLC) has raised alarm over the potential for petrol prices to skyrocket to as much as N5,000 per litre, citing the government’s failure to address the worsening economic crisis. In a recent interview, NLC spokesperson Benson Upah expressed the growing anger among Nigerians as prices of …

The Nigerian National Petroleum Company Limited (NNPC) has made it clear that there is no guarantee of lower petrol prices, even with the domestic refining of products at the Dangote Refinery, which just embarked on production.   This announcement came in response to growing expectations from Nigerians hoping for relief from …

This joyous news comes after months of public turbulence in their marriage, including allegations of infidelity and separation. Despite the challenges they faced, the couple seems to have weathered the storm and emerged stronger together. A recent video from an intimate gender reveal event shows the couple beaming with excitement …

A British Airways pilot has been suspended following allegations of drunkenly assaulting three female crew members during a stopover between flights in Johannesburg, South Africa. The pilot, a married man in his 50s, reportedly became intoxicated after an argument with his 25-year-old lover, who had accompanied him on a discounted …

The Central Bank of Nigeria (CBN) has implemented a new directive aimed at increasing the availability of foreign exchange (FX) in the market, approving the sale of dollars to bureau de change (BDC) operators at a rate of N1,580 per dollar.   In a circular signed by W.J. Kanya, the acting …

In a demonstration of equality before the law, Los Angeles has made it clear that no one is above the law, regardless of status or prominence. Rapper Blueface has begun serving his four-year prison sentence at North Kern State Prison in central California, following a probation violation linked to a …