4 hours ago
The Central Bank of Nigeria (CBN) extends suspension of processing fees on deposits within certain thresholds, as announced by Adetona Adedeji, the acting director of the Banking Supervision Department. The previous charges of two percent and three percent on cash deposits have been waived to ease financial burdens on customers.
4 hours ago
Governor Sheriff Oborevwori of Delta State confirms the withdrawal of Nigerian Army troops from Okuama Community following discussions with the Chief of Army Staff. This decision aims to restore peace and stability in the area.
5 hours ago
Lagos State Government discloses the demolition of over 300 distressed buildings in the past year. Dr. Olajide Babatunde, the Special Adviser on e-GIS and Urban Development, shares this information during the one-year ministerial briefing of Governor Babajide Sanwo-Olu’s second term.
5 hours ago
The Presidential Committee on Fiscal Policy and Tax Reforms proposes an increase in Nigeria’s value-added tax (VAT) rate, currently at 7.5%. The recommendation aims to enhance revenue generation and improve the country’s fiscal policies, as suggested by the committee chairman, Taiwo Oyedele.
5 hours ago
Seven men are arraigned before an Akure Magistrates’ Court over alleged conspiracy and murder. The defendants face charges of conspiracy, stealing, and murder as presented by the Police.