Author: Staff Editor
Nigeria’s aggregate Value Added Tax (VAT) revenue stood at ₦2.28 trillion in Q3 2025, according to the National Bureau of Statistics (NBS). In its latest report released on Tuesday, the agency stated that the figure represents a 10.66% quarter-on-quarter increase from ₦2.06 trillion recorded in Q2 2025. A breakdown of the report shows that local VAT payments dominated with ₦1.12 trillion, foreign VAT payments contributed ₦680.23 billion, while import VAT accounted for ₦479.79 billion in Q3 2025. The NBS stated: “Value Added Tax (VAT) in Q3 2025 was ₦2.28 trillion, showing an increase of 10.66% on a quarter-on-quarter basis from…
Justice O. M. Anyachebelu of the Anambra State High Court sitting in Awka has convicted and sentenced Engineer Nnaemeka Nwawka, Managing Director of Orient Petroleum Resources Plc, and the Sage Nebefeife Foundation to fourteen years’ imprisonment each for stealing, conversion, and gratification amounting to ₦25 billion. They were jailed after being found guilty on a ten-count charge bordering on stealing, conversion, and gratification. Count One reads: “That you NNAEMEKA NWAWKA, JUDE ANNIEKWE CYRIL, and THE REGISTERED TRUSTEES OF SAGE NEBEIFE FOUNDATION, sometime between 23rd April and 21st December 2012 in Anambra State, within the jurisdiction of this Honourable Court, fraudulently…
The Joint Admissions and Matriculation Board (JAMB) has officially commenced registration for the 2026 Direct Entry (DE) admissions exercise. In a statement shared on its verified X account on Monday, the examination body announced that the sale of application documents began on March 2, 2026, and will close on April 25, 2026. JAMB advised all prospective Direct Entry candidates to note that registration services are strictly available at designated JAMB offices nationwide. “This is to inform prospective DE applicants that the sale of application documents has commenced today, Monday, March 2, 2026, and will end on Saturday, April 25, 2026,”…
The Independent National Electoral Commission (INEC) says it will conduct a mock presidential election ahead of the 2027 general election. INEC Chairman, Joash Amupitan, made this known on Sunday during a Citizens’ Town Hall on the 2026 Electoral Act. “Moving forward, we will conduct mock presidential elections to ensure that transmission across state lines is seamless before the actual vote,” Amupitan said at the event held in Abuja. Debates about the real-time transmission of election results have dominated headlines in Nigeria in recent months, particularly in the lead-up to the passage and signing of the Electoral Act 2026. The issue…
Multiple explosions were reported across Iran’s capital, Tehran, following what officials described as a coordinated military operation involving Israel and the United States. According to Al Jazeera, a U.S. official confirmed that the strikes were conducted jointly by Israeli and American forces. Iranian state-affiliated Fars News Agency reported that several missiles struck University Street and the Jomhouri area in central Tehran, sending thick plumes of smoke into the air. Semiofficial Tasnim News Agency also confirmed additional explosions in the northern Seyyed Khandan district. Other local media outlets indicated that strikes were recorded in parts of the country beyond the capital,…
The Independent National Electoral Commission (INEC) has announced a sweeping revision of the timetable for the 2027 general elections, moving the presidential and National Assembly polls to January 16, 2027. The adjustment follows the repeal of the Electoral Act 2022 and the enactment of the Electoral Act 2026, which introduced new statutory timelines governing Nigeria’s electoral process. In a statement issued on Thursday night in Abuja, the Commission said the revised legal framework necessitated a comprehensive realignment of previously scheduled dates to ensure full compliance with the law. National Commissioner and Chairman of the Information and Voter Education Committee, Malam…
Justice Chizoba Orji of the High Court of the Federal Capital Territory has granted bail of ₦10 million each to Mike Ozekhome (SAN) and his co-defendant shortly after their arraignment on a 12-count criminal charge brought against them by the Office of the Attorney-General of the Federation. Ozekhome and his co-defendant, Ponfa Useni, pleaded not guilty to the charges, in which they are, among other allegations, accused of forging documents, including an international passport and an irrevocable power of attorney, to lay claim to a property in London allegedly procured unlawfully by the late General Jeremiah Useni. Counsel to the…
The Federal High Court in Abuja on Friday ordered the immediate remand of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, along with his son, Abdulaziz, and one of his wives, Hajia Bashir Asabe, in prison custody over alleged money laundering. The trio appeared before Justice Joyce Abdulmalik, who re-arraigned them on a 16-count charge brought by the Economic and Financial Crimes Commission (EFCC). They are accused of laundering public funds totalling approximately ₦9 billion. The court directed that Malami and his son be detained at the Kuje Correctional Centre, while Asabe was remanded at the Suleja…
The Economic and Financial Crimes Commission (EFCC) has approached the Supreme Court of Nigeria, seeking an order to revoke the bail granted to Lagos socialite, Fred Chijindu Ajudua, by the Court of Appeal sitting in Lagos. In a notice of appeal dated February 20, 2026, and filed at the apex court in Abuja, the anti-graft agency is challenging the entire ruling of the appellate court delivered on January 30, 2026, which admitted Ajudua to bail. The Commission, through its counsel, S.K. Atteh, argues that the Court of Appeal erred in law when it dismissed the prosecution’s preliminary objection and proceeded…
Adamawa State Governor, Umaru Fintiri, has announced his defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). He made the announcement in a statewide broadcast on Friday. The governor said he defected alongside all his cabinet members, political appointees, and elected local government chairmen. He stated that his decision was made in the interest of the people of Adamawa State and national unity, emphasising the need for stronger alignment with the Federal Government to advance development priorities. The Speaker of the Adamawa State House of Assembly, Wesley Bathiya, had on Wednesday resigned his membership of the…