Author: News Room

Nigeria’s fiscal architecture is amid a deliberate, technically driven reset. The Federal Government’s Presidential Fiscal Policy & Tax Reform Committee is building an integrated, evidence-based framework to simplify taxes, broaden the base and restore investor confidence. Yet, in parallel, the Senate is advancing an amendment to the Customs and Excise Tariff Act that would replace the long-standing flat N10 per litre excise on sugar-sweetened beverages with a percentage-based levy tied to retail price; a move that risks creating policy duplication, administrative contradiction, and economic harm. The problem is not merely political: it is a governance problem in which two centres…

The Dangote Refinery says over 1,000 fuel trucks now troop to the facility daily to load petrol. A statement issued on Friday night said the refinery has emerged as a hub of fuel distribution in Nigeria, following “bold strategic adjustments aimed at making energy more affordable and accessible.” This, it said, followed the significant reduction in the pump price of Premium Motor Spirit to N699 per litre, alongside a drastic cut in the minimum purchase requirement from two million litres to 250,000 litres. “These measures underscore Dangote Refinery’s commitment to stabilising supply, fostering inclusivity and supporting national economic growth,” the…

Uganda striker Melvyn Lorenzen has warned Nigeria and other Group C opponents that the Cranes will make things difficult at the 2025 Africa Cup of Nations, PUNCH Sports Extra reports. Paul Put’s side will face Tunisia, Tanzania and Nigeria in the group stage, with the Super Eagles and Carthage Eagles considered favourites to progress. However, Lorenzen insisted Uganda would give their opponents a run for their money when the tournament kicks off in Morocco. “Even against the big nations, it’s always a good result. We’ve never gone under, they’ve always shown themselves in a good light. So, I think any…

Cryptocurrency markets experienced another week of downside as investor activity gradually wound down ahead of the holiday period.Bitcoin (BTC) fell over 5% during the past week, dipping to a weekly low of $84,398 on Thursday, before recovering to trade above $87,769 on Friday, TradingView data shows.Crypto market volatility continues to threaten the sustainability of digital asset treasury (DAT) companies, as their longevity now depends on avoiding the multiple-to-net-asset-value (mNAV) “roller coaster,” making these firms subject to the value swings of the tokens held on their balance sheet, according to Solmate CEO Marco Santori.In the wider cryptocurrency space, the US Securities…

It’s no wonder Alex Warren’s current life has him “kissing the ground,” as he sings in his hit song “Ordinary,” given all he’s survived so far to get to this point. Appearing on the Friday, December 19, episode of the “Jay Shetty Podcast,” the “Carry You Home” singer, 25, gave a candid account of his tumultuous past. From watching his dad fight cancer and ultimately succumb to the disease when Warren was 9 years old, to navigating growing up inside an abusive home with an alcoholic mother, he faced tough situations from an early age. As he grew up, Warren…

The Pan Niger Delta Forum (PANDEF) has called on President Bola Tinubu to intensify support for the development of modular refineries in the Niger Delta, as part of efforts to expand domestic refining capacity and deliver tangible benefits to host communities. It urged the federal government to review and activate the proposed Modular Refinery Development Fund to accelerate local refining and promote inclusive growth across oil-producing areas. Chairperson of the forum, Godknows Igali, made the call during a press briefing in Abuja on Friday. PANDEF is the apex socio-political body of Nigeria’s South-South geopolitical zone, Mr Igali said recent policy…

When the 2025 Africa Cup of Nations kicks off in Morocco, the fingerprints of French football will be everywhere. From the opening group games to the business end of the tournament, Ligue 1 is set to cast the longest shadow, emerging as the single most influential league at Africa’s biggest football stage. With 51 players called up from Ligue 1 clubs alone, France’s top flight will be the most represented league at AFCON 2025, comfortably ahead of its European peers. In a tournament defined by fine margins, tactical depth and physical intensity, this overwhelming presence is more than a statistic;…

The Regional Chairman of the Church of Christ in Nations (COCIN) for Barkin Ladi Local Government Area of Plateau State, Rev. Ezekiel Dachomo, has raised the alarm over what he described as discrimination against his children, who are allegedly being denied admission into schools because of his stance on Christian genocide in the state and other parts of Nigeria. The clergyman, who raised the alarm in a statement on Friday, lamented that his children, who are qualified for admission into Nigerian universities, are being denied the opportunity, particularly in northern Nigeria, due to his outspoken position on the systemic killing…

Calvin Bassey insists the Super Eagles have the quality to emerge champions at the 2025 Africa Cup of Nations, DAILY POST reports. Bassey was part of the squad that finished second at the last edition in Cote d’Ivoire. The Super Eagles lost 2-1 to hosts Cote d’Ivoire in a keenly contested final. Éric Chelle’s men still have majority of the squad intact, and Bassey believed they have  gained enough experience to go all the way this time around. “Yeah 100%. I think the last AFCON I was 23. I have matured and a lot of the team have matured and…

An All Progressives Congress pressure group in Kwara State, the Kwara Political Leaders of Thought, has kicked against calls to zone the party’s governorship ticket ahead of the 2027 general elections, insisting that leadership choice should be based on competence rather than senatorial considerations. The group’s position comes amid growing agitation by some political leaders and groups in Kwara North Senatorial District demanding that the APC zone the 2027 governorship ticket to the area. Speaking with journalists in Ilorin on Friday, the KPLOT leader, Mohammed Mariam Alhassan, said the ideal candidate to govern Kwara in 2027 could emerge from any…