News

Africa’s richest man, Aliko Dangote, reportedly lost a whooping $900million on Friday, January 8, after his company, Dangote Industries Limited, emerged the biggest loser at the end of trading on the Nigerian Stock Exchange. According to Bloomberg Billionaires Index, his wealth fell from $18.4billion on Thursday to $17.5billion on Friday,...

Consequent upon the outlawing of stamp duty on electronic bank transfer by the Court of Appeal, the Federal Government, through the Finance Act 2020, has introduced Electronic Money Transfer Levy. Finance Act 2020, which was recently signed by President Muhammadu Buhari, has a commencement date of January 1, 2021 along...

The Ogun state government has ordered the immediate destruction of an illegal N20 million bridge under construction across Oluwa River, a boundary between Omo Forest, Area J4 in Ijebu-East in Ogun and Ondo States. Our correspondent gathered that some illegal settlers tasked themselves and began construction of a bridge worth...

Thousands of applicants have been locked outside of the offices of the National Identity Management Commission following a strike embarked on by NIMC staff, The PUNCH has learnt. The notice of strike was signed by the President of the Association of Senior Civil Servants of Nigeria, NIMC branch, Lucky Michael,...

Nigeria’s former vice president, Atiku Abubakar reportedly took the Pfizer’s vaccine in the United Arab Emirates. The people’s Democratic Party’s presidential candidate in the 2019 general elections took the dose in Dubai to prevent symptomatic cases of Covid-19. The Pfizer’s vaccine, when administered in its full two-dose regimen, was found...

If you are one of those crotchety people who believe the kids these days are somehow less inspired than generations before, then I come bearing new evidence: Even their superstitions are lamer than ours! “Charlie Charlie,” a game/Internet urban legend of sudden and inexplicable popularity, surged to the top of...

The Republican bid to overturn President-elect Joe Biden's victory ended early Thursday morning after the Senate voted 92-7 to dismiss a challenge to Pennsylvania's Electoral College vote. The vote ended a nearly 12-hour saga that saw supporters of President Donald Trump mobbing the U.S. Capitol, in a violent incident that...

The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff across the country. According to a directive issued on December 31, 2020, and signed by Sanusi Garba, NERC chairman, the new tariff will take effect from January 1. The commission stated that the new tariff will be...