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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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Dangote Refinery Slashes Petrol Price as MRS Sells At ₦739/Litre

Barring any last-minute changes, MRS Oil and other partners of the Dangote Petroleum Refinery are set to begin selling petrol at ₦739 per litre from Tuesday, following a major reduction in the refinery’s ex-depot price. The Dangote Petroleum Refinery recently slashed its gantry price for Premium Motor Spirit...

Australian Police Say Bondi Beach Attackers Inspired By ISIL

Australian police say the deadly shooting at a Hanukkah gathering in Sydney’s Bondi Beach was carried out by two men who were influenced by the extremist group ISIL. Authorities confirmed that the attack, which claimed the lives of 15 people, is being treated as an act of terrorism....

Senate Takes Steps To Protect Farmers From Price Collapse

On Tuesday, the Senate moved to safeguard Nigerian farmers from plunging produce prices and rising input costs, calling on the Federal Government to subsidise fertilisers and reinstate commodity boards to stabilise agricultural markets. The resolutions followed a motion by Senator Mohammed Danjuma Goje (Gombe Central), which highlighted the...