The federal government through the Federal Inland Revenue Service (FIRS) said yesterday that it has directed banks, stockbrokers, and other financial institutions to deduct a 10 per cent withholding tax on interest earned from investments in short-term securities. Before this directive, short-term bills were tax-exempt to boost returns for inv...
•Election in Nigeria Ahead of the countdown to the 2027 general elections, the Independent National Electoral Commission (INEC) yesterday said it has begun short-listing associations qualified for the next stage of political party registration, noting that the number of applications has ballooned to 151, with eight new submissions recorded las...
•Governor Umo Eno Governor Eno has reiterated that his movement from the Peoples’ Democratic Party (PDP) to the All Progressives Congress (APC) was informed by enlightened state interest. Governor Eno who spoke at a grand reception for him by the national leadership of the APC said those who may not fully understand the merits behind [&h...
•Jarrad Branthwaite Everton defender, Jarrad Branthwaite, is reportedly seeking a significant pay increase amid interest from Manchester United, according to the Daily Mail UK. Mirror UK today via its website reported that the 22-year-old centre-back, who has become a key player for Sean Dyche’s side, is said to be demanding that Everton match...
•CBN Governor, Olayemi Cardoso The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark lending rate to 27.65 per cent. The hike in the Monetary Policy Rate was disclosed by the Governor of the CBN, Olayemi Cardoso, at the end of the 296th MPC meeting in Abuja today, reports The PUNCH. […]
•Joshua Kimmich Bayern Munich are dealing with a couple of delicate situations in regard to two of their star players Joshua Kimmich and Alphonso Davies. While Davies has been closely linked with a move to Real Madrid, Kimmich has been a target for Barcelona, who are keen on taking advantage of a potential market opportunity. […]
•Teni Nigerian Singer, Teniola Apata, popularly known as Teni, has announced her interest in colleague, Adewale Mayowa Emmanuel, known as Mayorkun. Teni revealed her interest after seeing Mayorkun’s appearance at the CHIVIDO’s wedding yesterday, Tuesday, June 25. A photo of Mayorkun posing with Davido and Chioma which went viral on Instagram c...
•Michael Nsien United States of America’s men’s U-19 national team coach of Nigerian descent, Michael Nsien, has declared his interest in the vacant Super Eagles coaching job, as the Nigeria Football Federation (NFF) continues its search for a substantive coach. While addressing a news conference in Abuja today, Nsien says with his qualificati...
•CBN Governor Yemi Cardoso The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200 basis points to 24.75 percent. This is according to today’s communique by the CBN governor Yemi Cardoso after the second MPC meeting of his tenure in Abuja. The new interest rate […]
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 400 basis points to a record 22.75 per cent. The MPR was at 18.75 per cent. The MPC also made a bold move to restrict money supply by increasing the Cash Reserve Ratio to 45 per […]

