FLASH: INEC Recognises David Mark-Led ADC

The Independent National Electoral Commission (INEC) has officially recognised the leadership of the African Democratic Congress (ADC) led by a former senate president, David Mark. The confirmation which was displayed on the website of INEC, was sighted by Channels Television on Wednesday The recognition came after an internal restructuring that resulted in the emergence of…

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Ellison Overtakes Musk As World’s Richest Man 

Oracle co-founder, Larry Ellison, has toppled Elon Musk to become the world’s richest person, ending the Tesla boss’s nearly year-long reign at the top of the Bloomberg Billionaires Index. Bloomberg reports that Ellison’s fortune surged by a record $101bn on Wednesday after Oracle reported quarterly results that beat expectations and signalled further growth in its…

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Oyo Showcases Investment Potential At 2025 Intra-African Trade Fair 

The Oyo State government has showcased its investment potential at the ongoing Intra-African Trade Fair (IATF 2025) in Algiers, Algeria, joining other Nigerian states in projecting the nation’s economic strengths at the continental level. The Commissioner for Investment, Trade, Cooperatives, and Industry, Hon. Adeniyi Adebisi, who led the Oyo State delegation to the trade fair,…

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BREAKING: FG Gazettes New Tax Laws, Exempts Small Businesses From Corporate Tax

The Federal Government has officially gazetted Nigeria’s new tax reform laws following President Bola Tinubu’s assent to the legislations on June 26, 2025. A statement signed by the Personal Assistant on Special Duties to the President, Kamorudeen Yusuf, on Wednesday, confirmed the publication of the four legislations: the Nigeria Tax Act 2025, Nigeria Tax Administration…

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FLASH: Ex-NNPC GM Convicted In US Over $2.1m Bribe, Faces 10-Year Prison Sentence

A United States court has found Paulinus Okoronkwo, a Nigerian-American, guilty of receiving a $2.1 million bribe. Okoronkwo, former general manager of the Nigerian National Petroleum Corporation (NNPC), now NNPC Limited, was found guilty of transactional money laundering, tax evasion, and obstruction of justice. Prosecutors said while serving as NNPC’s upstream division general manager, Okoronkwo…

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