The federal government has halted the issuance of guidelines for the implementation of the new tax laws, citing uncertainty over the final version, Taiwo Oyedele, Chairman, Presidential Tax Reform Committee, has revealed. He said he had told the Nigeria Revenue Service (NRS) and the Joint Revenue Board (JRB) to wait because guidelines on the i...
•Tinubu, Ibas, Amaewhule and Fubara Rivers State erupted in jubilation yesterday as President Bola Tinubu lifted the six-month emergency rule, reinstating Governor Siminalayi Fubara. Yet beneath the celebrations, political uncertainty deepened, with critics warning he returns weakened, facing diminished authority and unresolved power struggles...
•Bayo Ojulari The days of Bashir Bayo Ojulari as the group CEO of the Nigerian National Petroleum Corporation (NNPC) Limited are numbered. Although there are reports that he has resigned, it was learnt from insiders that he has not thrown in the towel yet, “but only a miracle will keep him in office at this […]
•Governors Diri (Bayelsa), Fubara (Rivers) Eno (Akwa Ibom) and Oborevwori (Delta) The membership tsunami raiding the Peoples Democratic Party (PDP) is set for Rivers, Bayelsa, Cross River, and Akwa Ibom states. With one-too-many party grievances yet unresolved and 2027 political calculations on overdrive, there is a growing concern about what ...
Bitcoin’s price plunged nearly 10 percent yesterday as an escalating trade war and uncertainty over creation of a US crypto reserve fund sent investors running from risk. After jumping on US President Donald Trump’s talk of creating a national cryptocurrency reserve, bitcoin and similar digital assets dove in the face of concerns it might not ...
•Protest Going by the schedule released in various online platforms, the EndBadGovernance protest is expected to kick off nationwide on August 1. With only five days to the commencement of the planned action, there are no indications, despite concerted efforts mainly by the government to ensure the protest does not hold, that those pushing for...
•CBN Governor Yemi Cardoso The Centre for the Promotion of Private Enterprise (CPPE) on Wednesday said the Central Bank of Nigeria (CBN) adjusted the exchange rate 28 times in the first quarter of 2024, thus pervading the nation’s trade dynamics with uncertainty and unpredictability. In a statement signed today by the CPPE Chief Executive Offi...
Uncertainty about the rate of commodities continues to beat the imagination of market forces and consumers with the month of Ramadan few days away. The situation is likely to worsen, going by the current economic situation in the country, reports Daily Trust. Both traders and consumers interviewed by our correspondents described the present da...

