By Ayomide Otitoju President Bola Tinubu is set to sign into law four far-reaching tax reform bills on Thursday, in a major policy move expected to overhaul Nigeria’s tax and revenue systems. According to a statement by presidential spokesperson Bayo Onanuga, the bills were passed by the National Assembly following extensive consultations with industry stakeholders…
By Ayomide Otitoju Israeli Prime Minister Benjamin Netanyahu on Tuesday proclaimed a “historic victory” following the conclusion of a 12-day military campaign against Iran, asserting that Israel had successfully crippled Tehran’s nuclear capabilities and would not allow them to be rebuilt. Speaking in a nationally televised address following the announcement of a ceasefire agreement between…
By Ayomide Otitoju Cocaine production, seizures, and consumption reached unprecedented levels in 2023, according to the latest annual report by the United Nations Office on Drugs and Crime (UNODC), underscoring the growing threat of the illicit drug market, now described as the world’s fastest-expanding. The report revealed that illegal cocaine production surged to 3,708 tons…
By Ayomide Otitoju Tragedy struck Lile village in Patigi Local Government Area of Kwara State on Tuesday night, as suspected bandits fatally shot a prominent businessman and PDP Lade Ward 1 leader, Alhaji Abdullahi Kpotun, along with his son, during a foiled kidnapping attempt. According to local sources, the assailants stormed Kpotun’s residence under the…
By Ayomide Otitoju A second prosecution witness in the ongoing money laundering trial involving former Kogi State Governor Yahaya Bello has told the Federal Capital Territory High Court that the ex-governor and his co-defendants did not make any payments to Efab Property Limited for a disputed real estate transaction. Segun Adeleke, a manager at Efab…
By Ayomide Otitoju The Lagos High Court sitting in Ikeja has fixed July 2, 2025, for judgment in an application filed by Mr. Joseph Aloba, father of the late singer Ilerioluwa Aloba, popularly known as Mohbad. Mr. Aloba is seeking to nullify the legal advice issued by the Director of Public Prosecutions (DPP), which exonerated…
U.S. President Donald Trump on Wednesday praised an expected NATO agreement on increased defence spending as a “great victory for everyone,” striking a notably conciliatory tone at the alliance’s summit in The Hague. With leaders of NATO’s 32 member states gathered, the summit appeared meticulously orchestrated to keep Trump aligned with allies. The official agenda…
South Korea’s new President Lee Jae Myung on Thursday appealed to lawmakers to approve a 30.5 trillion won ($22.5 billion) supplementary budget to address the country’s deepening economic woes, marking his first address to parliament since taking office. Lee assumed the presidency earlier this month following the impeachment of former President Yoon Suk Yeol, who…
By Ayomide Otitoju Oil giant Shell on Thursday denied media speculation suggesting it was preparing a takeover bid for rival BP, firmly stating that no discussions had taken place and confirming it was not considering such a move. Responding to a report by The Wall Street Journal, which claimed Shell had explored the possibility of…