Author: Ifetayo Adeniyi

File: House of Representatives Reps Recover N521m Unremitted VAT From CBN. The House of Representatives Public Accounts Committee has recovered N521.77m in unremitted Value Added Tax from the Central Bank of Nigeria, marking a significant breakthrough in an ongoing investigation into revenue leakages linked to government collections processed through the Remita platform. The recovered sum represents VAT deductions on fees earned from Remita transactions that were not remitted to the Federal Government over a period spanning November 2018 to April 2024. The recovery emerged from a far-reaching investigation launched by the House of Representatives following concerns over alleged revenue leakages,…

NANS, Over Delivery Concerns, Commences Nationwide TETFund Projects Audit. The National Association of Nigerian Students has launched a 90-day nationwide review of Tertiary Education Trust Fund projects following growing concerns over alleged project abandonment, poor execution and delayed delivery of interventions in tertiary institutions across the country. The student body announced the constitution of an independent TETFund intervention project assessment, verification and monitoring committee to investigate the implementation and impact of projects funded by the intervention agency. In a statement issued on Sunday, NANS President, Akinteye Babatunde, said the decision was informed by persistent complaints about the quality and completion…

Nigeria’s Trade Sector Attracts $65.79m Foreign Investment in Q1. Nigeria’s trade sector attracted $65.79m in foreign capital in the first quarter of 2026, representing a 91.31 per cent increase from the $34.39m recorded in the corresponding period of 2025, despite a slowdown from the strong inflows recorded in the second half of last year. Data from the National Bureau of Statistics’ capital importation report showed that foreign investment into the trade sector rose 91.31 per cent year-on-year, underscoring renewed investor confidence in commercial activities and cross-border trade. The latest inflow, however, fell below the $80.94m recorded in the third quarter…

MTN Defends Data Depletion, Reassures Better Service Quality. MTN Nigeria has offered explanations on why telecoms customers experience fast data depletion on their mobile devices. The telecoms company also assured customers of fresh plans to increase investment on telecoms infrastructure upgrade in order to achieve uninterrupted customer service experience on its network. MTN made the defence and gave the assurance during a public customer forum in Lagos, tagged: ‘Data On Trial’ (DOT), designed to offer explanations to consumers’ complaints about fast data depletion. Addressing participants at the public forum, the Chief Executive Officer of MTN Nigeria, Karl Toriola, encouraged participants…

Bayelsa’s Tamunosoye Karibi-George has come on top of Miss World Nigeria 2026 competition. Tamunosoye Karibi-George, representing Bayelsa State, has emerged as Miss World Nigeria 2026 after winning the national crown at the pageant’s grand finale in Lagos. The 26-year-old beauty queen beat 19 other finalists to clinch the title during the event held on Saturday at Balmoral Hall, Federal Palace Hotel. Although she represented Bayelsa State in the competition, Karibi-George is an indigene of Rivers State. Her victory earns her the right to represent Nigeria at the 73rd Miss World Festival, which will be held in Ho Chi Minh City,…

L-R: Group Chief Risk Officer, United Bank for Africa (UBA), Awele Ajibola; Managing Director/CEO, UBA Foundation, Bola Atta; Director and Principal, King’s College, Magaji Zachariah, and King’s College Teacher, Bello A.A.; flanked by students and staff members of King’s College during the UBA Foundation Tree Planting Exercise held at the school in commemoration of World Environment Day 2026 at the weekend.  In commemoration of World Environment Day 2026, the UBA Foundation, the Corporate Social Responsibility arm of United Bank for Africa (UBA) Group, has reinforced its commitment to environmental sustainability through a tree-planting exercise at two of Lagos’ most historic…

FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage. The Group Chief Executive of FCMB Group, Mr. Ladi Balogun, has reaffirmed the Ojude Oba Festival as a powerful platform for cultural heritage and economic enterprise, noting its growing relevance beyond tradition into broader community development. Balogun stated this in his goodwill message at the 2026 edition of the grand festival held in Ijebu-Ode. He described the festival as a vibrant showcase of the rich cultural values of the Ijebu people and the Yoruba nation at large, where the Regberegbe age-grade groups displayed elegance, music, and dance in homage…

Both stars share a long history. They married in 2000. They separated in 2006. Their divorce was finalised in 2014. Since then, they have remained on good terms and co-parent their children. New video of Nollywood stars Faithia Williams and her ex-husband, Saidi Balogun, dancing together has stirred fresh talk online. Fans are now questioning if the former couple may be close again. The clip was shared on Sunday, June 7, by Faithia Williams on her social media pages. Both appeared in matching traditional outfits. They danced side by side with energy and ease. The pair also shared warm smiles.…

Iran’s World Cup squad has been informed that they must enter and leave US soil on the same day of their matches played in the United States, the country’s ambassador to Mexico said Saturday. Following the ongoing US-Israeli conflict with Tehran, Iran’s team is now based in Mexico, instead of their intended site in Tucson, Arizona. “We can enter in the morning and we must leave the same day,” Iran’s envoy Abolfazl Pasandideh told reporters, explaining the visa restrictions. The Iranian squad has three group matches in the United States, in Los Angeles and Seattle.

“We have not forgotten them, and we have not abandoned them,” the governor said, referring to those still in captivity.  Oyo State Governor, Seyi Makinde, has declared a restriction on the operations of commercial motorcycle riders across the state between 10:30 p.m. and 5:30 a.m. as part of new security measures. He made the announcement while addressing ongoing efforts to secure the release of abducted victims in the state, assuring residents that the government remains fully committed to their safe return. “We have not forgotten them, and we have not abandoned them,” the governor said, referring to those still in…