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NASS Transmits Tax Reform Bills To Tinubu

The National Assembly has formally transmitted the tax reform bills to President Bola Tinubu, marking a critical step in the administration’s ambitious fiscal overhaul under the Renewed Hope agenda. The Chairman of the Senate Committee on Media and Public Affairs, Senator Yemi Adaramodu, confirmed the development during a press briefing at the National Assembly complex...
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Otu Appoints Linus Obogo, NSA Gill As Key Media Aide

In a strategic move to bolster the state’s communication architecture, the Cross River State Governor Bassey Otu has announced the appointment of Mr. Linus Obogo as Chief Press Secretary (CPS) and Special Adviser on Media and Publicity. The appointment, which takes immediate effect, is part of the administration’s deliberate efforts to enhance the effectiveness, reach,...
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Top 15 News Roundup For Latest Nigeria News June 18

Here is New Telegraph’s news roundup of the top 15 latest Nigerian news making headlines today Wednesday day, June 18, 2025 Akume Visits Yelewata, Assures Benue Residents Of FG’s Support Secretary to the Government of the Federation (SGF), Senator George Akume, on Tuesday visited Yelewata in Guma Local Government Area of Benue State for an...
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Crushing Burden on Nigeria’s Aviation Industr

The Chief Executive Officer of Aero Contractors, Capt. Ado Sanusi, has listed multiple taxation as the top difficulty airlines face in the country. Sanusi, who said this over the weekend, lamented that the huge taxes faced by carriers are a significant contributing factor to airlines’ deaths. He said, “The reason is that airlines are heavily...
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Youth Employment Soars: 1,250 Jobs Created

An agro-allied firm in Nigeria, the Food Industrial Park Limited, has signed a Memorandum of Understanding with Best Engineering Technologies based in Hyderabad, India, to offtake essential oils produced by the FIPL. It was gathered that the partnership would result in the production of 500 tonnes of oils from various plants and provide employment for...
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NGX Market Loses N183bn as Blue Chips Slide

The Nigerian Exchange recorded a loss of N183bn at the close of trading on Tuesday, as bearish sentiments continued to weigh on key market indicators, dragging several blue-chip stocks into negative territory. Market data from the NGX revealed that the All-Share Index declined by 348.61 points, or 0.3 per cent, to close at 114,910.16, compared...
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CAC Reviews Service Fees Starting August 2025

The Corporate Affairs Commission has announced a fresh review of its service fees, which will take effect from August 1, 2025. The decision, according to the commission, was taken after a thorough assessment of current economic conditions, rising operational expenses, and consultations with key stakeholders. In a public notice seen by The PUNCH on Tuesday,...
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Nigerian Banks Hold $3.5bn in Delayed Loans – Report

Investment bank, Renaissance Capital Africa, has revealed that six Nigerian banks hold about $3.52bn in forbearance loans. In a new report by Renaissance Capital titled ‘Nigerian Banks: Cash is King,’ the investment firm indicated that the banks would be impacted by the Central Bank of Nigeria’s directive that lenders under the regulatory forbearance suspend dividend...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...