The federal government has plans to tax cryptocurrency transactions as part of larger measures to increase government revenue. The tax framework bill is being reviewed and is anticipated to be passed this quarter. The SEC intends to establish a formal tax system for qualified cryptocurrency transactions on regulated exchanges. However, the financial watchdog did not […] More
The management of Federal University Lokoja (FUL) has declared two days as lecture-free to mourn five of its students that were killed in an auto crash. Mr Vincent Ifedayo-Ojo, FUL Deputy Registrar, Human Resource, made the disclosure in a statement issued in Lokoja on Tuesday. The News Agency of Nigeria (NAN) reports in Lokoja that […] More
The International Society for Civil Liberties and Rule of Law, Intersociety, on Tuesday, called on the authorities of the National Agency for Food and Drug Administration and Control, NAFDAC, to end the siege on Onitsha Drug Market and five adjoining others by security agencies. DAILY POST recalls that the market was shut down two weeks […] More
A 94-year-old man, Adedapo Idowu, has registered for the 2025 Unified Tertiary Matriculation Examination. Idowu’s story was featured in the latest bulletin of the Joint Admissions and Matriculation Board, where he expressed excitement about finally pursuing tertiary education. “I can now attain my dream at an advanced age,” he said. He described the UTME registration […] More
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The Anambra State Commissioner of Information, Law Mefor, has revealed how the get-rich-quick rituals are done in Igboland. In a piece he wrote on the Anambra State Government’s website, Mefor said reports have it that the evil pot called Oke-ite and its affiliated sorcery potions, including Uduakomili, Ibobo, and Awale, are the inspiration for the […] More
Former presidential candidate Peter Obi has criticized the shutdown of markets suspected to be involved in the production and sale of fake drugs. The markets were shutdown by law enforcement agents after the National Agency for Food and Drug Administration and Control (NAFDAC) raided the Ogbo-Ogwu Bridge Head Market in Onitsha, Anambra State, and impounded […] More
The Governor of Lagos State, Babajide Sanwo-Olu, has announced a 30 per cent reduction in the fare of the Red Line Rail train. With the new announcement , the fare will now be N1,000, a reduction from N1,500. This was made known on Tuesday by the state Commissioner of Information and Strategy, Gbenga Omotosho. Meanwhile, […] More
The Nigerian Senate and House of Representatives have rescinded decision on the 2025 budget bill passed last week. The new decision was reached to enable them make corrections on some errors in line items under capital and recurrent. While the budget size remains at 54.9 trillion naira, the capital expenditure has been reduced by more […] More
The Anambra State Commissioner of Information, Law Mefor, has dismissed claims that the state will soon start arresting those wearing dreadlocks or sagging their trousers. Mefor also rubbished a claim that the state will start arresting women who don’t wear pants and bras. He said the false claim was made by town criers who misrepresented […] More
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Eight months after being commissioned, Vice President Kashim Shettima has refused to move into his official residence constructed for the Vice President, alleging that the communication and security facilities in the N21billion mansion may have been bugged or installed to monitor his activities. Journalist Ude Reported He stated further” A close associate of the VP […] More
Former Chairman of Kalgo Local Government Area in Kebbi State, Hon. Umar Namashaya Diggi, has been declared missing after he was attacked by unidentified assailants along Birnin Kebbi-Diggi Road. Intelligence sources confirmed to Zagazola Makama that the incident occurred on February 17 at about 12:30 a.m. while Diggi was returning to his village from Birnin […] More
Suspected kidnappers have abducted four persons, including a medical professional from Modibbo Adama University Teaching Hospital, Yola, in Mayo Kila, a village near the Nigeria-Cameroon border in Jada Local Government Area of Adamawa State. Intelligence sources told Zagazola Makama that the attack occurred around 1:30 a.m. on February 17 when heavily armed men stormed the […] More