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Precious Obazee

New Finance Bill Scales 2nd Reading, Proposes 10% VAT For Defaulters

Nigeria’s Finance Bill 2020 has scaled second reading on the floor of the Senate. The proposed legislation stipulates various amendments made to the 2019 version...

Currency Watch: Naira Gains, Exchanges For 490 Per Dollar

Naira exchanged to the dollar at 490/$ in the parallel market on Wednesday, after it had sold for N500 on Monday. The Bureau De Change...

President Buhari Set to Mete Stiff Measures on Discos, Agents Selling Prepaid Meters

President Muhammadu Buhari has restated his resolve to mete stiff measures to any of the Discos or their agents selling prepaid meters to their...

Over 49,000 Doctors And Scientists Call For An End To Covid Lockdowns

Doctors and scientists from around the world have signed a document calling for an end to COVID-19 lockdowns because of “grave concerns” over public...

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UK Plans New Sanctions On Iran, Summons Envoy Over Deadly Protest Crackdown

The UK government has announced plans to impose additional sanctions on Iran and has formally summoned Iran’s ambassador in London in response to reports of a violent crackdown on anti-government protesters. Foreign Secretary Yvette Cooper said on Tuesday that Britain would seek further punitive measures and called in...

US Urges Citizens To Leave Iran Immediately As Unrest Escalates

The United States has advised its citizens to leave Iran without delay, citing growing security risks amid escalating unrest across the country. In an updated travel alert released on Monday, the U.S. Virtual Embassy Iran warned Americans currently in Iran to prepare for worsening conditions and to consider...

China Says It Will Defend Its Interests After US Threatens Tariffs Over Iran Trade

China has said it will firmly protect its national interests following a warning from US President Donald Trump that Washington would impose a 25% tariff on countries that continue doing business with Iran. Speaking at a regular press briefing on Tuesday, Chinese foreign ministry spokeswoman Mao Ning criticised...