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  • Manufacturing’s contribution to VAT crosses the N1trn threshold in 2025

    Manufacturing’s contribution to VAT crosses the N1trn threshold in 2025

    THE manufacturing sector’s contribution to tax revenue collections in Nigeria maintained an upward trend, as it recorded a total of N1.17 trillion in Value Added Tax (VAT) in 2025, representing a 45.61 percent increase over the N803.53 billion recorded in 2024. The sector’s Company Income Tax (CIT) contribution also rose to N881.29 billion, marking a […]

    The post Manufacturing’s contribution to VAT crosses the N1trn threshold in 2025 appeared first on Tribune Online.

  • Financial, insurance activities lead CIT contributions with N153.7bn in Q1

    Financial, insurance activities lead CIT contributions with N153.7bn in Q1

    Nigeria’s financial and insurance sector emerged as the highest contributor to Companies Income Tax (CIT) receipts in the first quarter of 2026, generating N153.7 billion despite a decline in quarterly collections, according to the latest report released by the National Bureau of Statistics. The report showed that the sector accounted for 19 per cent of […]

    The post Financial, insurance activities lead CIT contributions with N153.7bn in Q1 appeared first on Tribune Online.

  • Tax Ombud seeks IMF support to strengthen institutional capacity

    Tax Ombud seeks IMF support to strengthen institutional capacity

    The Office of the Tax Ombud has called on the International Monetary Fund to provide strategic support aimed at strengthening the institutional capacity, operational independence, and effectiveness of Nigeria’s newly established tax dispute resolution body. The Tax Ombud and Chief Executive of the Office, John Nwabueze, made the appeal during a high-level benchmark visit to […]

    The post Tax Ombud seeks IMF support to strengthen institutional capacity appeared first on Tribune Online.

  • Kidnapping: When crime comes dangerously close

    Kidnapping: When crime comes dangerously close

    By Ifeoluwa Adeyeye THE recent abduction of a 60-year-old trader in Monatan, Ibadan, is more than just another crime report. It’s a warning sign. On May 2, 2026, the man was reportedly kidnapped by four masked armed men while returning home at night around 8:47 pm along the Jinarere axis of Alakia road. What makes […]

    The post Kidnapping: When crime comes dangerously close appeared first on Tribune Online.

  • Hantavirus-hit ship lands in Manchester

    Hantavirus-hit ship lands in Manchester

    A plane with 20 UK citizens from a cruise ship affected by a hantavirus outbreak has landed in Manchester. Passengers will be quarantined and tested.

    Read More: https://punchng.com/hantavirus-hit-ship-lands-in-manchester/

  • BREAKING: LaLiga: Barcelona beat Real Madrid in El Clasico, confirmed as champions

    BREAKING: LaLiga: Barcelona beat Real Madrid in El Clasico, confirmed as champions

    Barcelona have been confirmed as this season’s LaLiga champions, following a comfortable 2-0 win over Real Madrid on Sunday.

    Hansi Flick’s men were already 11 points clear of their bitter rivals at kick off.

    And they blew Los Blancos away in a sensational opening half at the Camp Nou.

    Marcus Rashford opened the scoring with a sublime free-kick, before Ferran Torres fired in a second.

    Madrid tried to fight back in the second half, but there were no goals.

    The result takes Barcelona up to 91 points and they cannot be caught by Alvaro Arbeloa’s men who stay on 77 points.

    It is a 29th title for the Catalans, who successfully defend their title.

    BREAKING: LaLiga: Barcelona beat Real Madrid in El Clasico, confirmed as champions

  • 2027: APC yet to issue report on Fubara’s screening – Bashiru

    2027: APC yet to issue report on Fubara’s screening – Bashiru

    The National Secretary of the All Progressives Congress, APC, Ajibola Bashiru, says there is no official report yet from the party’s screening committee following questions over whether Rivers State Governor Siminalayi Fubara has been screened.

    Responding to journalists on Sunday, Bashiru said appearing before the screening committee is simply part of the process and that the committee will only release its report after meeting all those expected to appear before it.

    “I don’t know what you mean by screening. It appears that anybody that appears before the APC screening committee, of course, it is necessary as part of the process,” Bashiru said.

    He added, “After appearing before the screening committee, the screening committee will issue its report. As at now, when it has seen everyone it is supposed to see, we will now sit down and come up with the report of the screening committee.”

    Bashiru stressed that no conclusion should be drawn yet, saying, “As at now, there is no report of screening.”

    2027: APC yet to issue report on Fubara’s screening – Bashiru

  • Adeleke appoints Victoria Samson as UNIOSUN Chancellor

    Adeleke appoints Victoria Samson as UNIOSUN Chancellor

    Osun State Governor, Ademola Adeleke, has approved the appointment of Mrs. Victoria Adunola Samson, popularly known as BOVAS, as the new Chancellor of Osun State University, UNIOSUN.

    The appointment of Mrs. Samson as the third Chancellor of UNIOSUN was announced in a statement by Olawale Rasheed, Governor Adeleke’s spokesperson, on Sunday in Osogbo.

    Her appointment follows the completion of the tenure of the immediate past chancellor, Folorunso Alakija, whose service ended on March 18, 2026, after a decade in office.

    The Osun State Government had earlier paid a courtesy visit to Alakija on May 8, 2026, expressing appreciation to her and her family for their contributions to the university’s development.

    During the visit, Governor Adeleke commended the former chancellor’s impact, describing her tenure as a period marked by notable achievements and an enduring legacy.

    He particularly highlighted the donation of the Modupe and Folorunso Alakija Medical Research and Training Hospital, describing it as a multi-billion-naira intervention that strengthened the institution’s infrastructure.

    According to the statement: “Mrs. Samson, widely known as Mama BOVAS, is the founder of BOVAS Oil and Gas, a leading indigenous oil and gas firm.

    “An indigene of Iree in Boripe Local Government Area of Osun State, she was born on December 5, 1949.

    “Under her leadership alongside her husband, the company expanded from a single petroleum products service station to over 200 outlets nationwide, employing more than 2,000 Nigerians as of December 31, 2025.

    “Mrs. Samson also owns the Texaco Petroleum franchise and became the first Nigerian to win the Texaco Latin America and West Africa Award for Best Overall Dealer in 1990.

    “She reportedly recorded the highest sales performance across both West Africa and Latin America during the period.

    “Her professional career includes service as Matron of the Independent Petroleum Marketers Association of Nigeria at the NNPC/PPMC Satellite Depot in Ejigbo, Lagos, and Apata Depot in Ibadan, as well as membership of the Board of Trustees of the Depot and Petroleum Products Marketing Association.

    “She holds a Professional Diploma in Marketing and attended leadership programmes at Harvard Business School and IESE Business School in Barcelona.”

    Remarking through the statement, Governor Adeleke said, “We recognise with appreciation your distinct effort to make life easy for consumers of petroleum products. We celebrate you as a symbol of decency, honesty, integrity, and humanity in our society.”

    The governor also congratulated Mrs. Samson on behalf of the government and people of Osun State and urged her to bring her experience and leadership to bear in her new role at the university.

    Adeleke appoints Victoria Samson as UNIOSUN Chancellor

  • Reno Omokri meets Peter Obi in Abuja [VIDEO]

    Reno Omokri meets Peter Obi in Abuja [VIDEO]

    Ambassador-designate to Mexico, Reno Omokri, met with chieftain of the Nigeria Democratic Congress, NDC, Mr Peter Obi, at the Nnamdi Azikiwe International Airport in Abuja.

    Omokri disclosed the encounter via his X handle on Sunday, writing, “Peter Obi and I exchanging warm greetings today at Nnamdi Azikiwe Airport in anticipation of President Tinubu’s reelection next year!”

    In the video, Reno and Obi were seen exchanging handshakes, accompanied by slight laughter.

    The brief airport encounter has sparked reactions online on X with some users slamming Omokri’s post saying it was intended as a form of mockery.

    @T.G wrote “People should’nt be suprised with these kind of stunts. Progress has its own adversaries. Just like the character in GOT – little finger.”

    @De General wrote “Correction please, you solicited for his greeting and you set up your camera thinking he would snub you so that you will take that to your gullible audience,once again PO proves he is too matured for your type.”

    @Chief Onyeihenagarankeoma wrote “@renoomokri as one who prides himself as an omoluabi who is heavy on respect, asking “how are you” and tapping someone older than you on the shoulder…… What part of lukunmi heritage is that?”

    @NDC War Room wrote “It must be nice meeting your mentor at the airport. I can see the excitement all over you.

    Meanwhile, has Tinubu answered this question?”

    @ugochukwu ernest wrote “Had it been the person of Obi Reno went to “greet” that way was a yoruba man, all hell would have been let lose lol.. Anyways, we know your motive behind the said “greetings”

    @Josh40biDati wrote “See how you hurry to get handshake from incoming president.”

    @VIIKTHOR UNEKWU AKOGZY wrote “Kaiii, alchemy of shame, shame of thrones, queen of shame, mortal shamebart, last shamebender, aguneshamebar, shame before flower, on your mandate we shall shame.”

    Watch video

    Reno Omokri meets Peter Obi in Abuja [VIDEO]

  • Abiodun mourns death of Yewa Chief Imam at 98

    Abiodun mourns death of Yewa Chief Imam at 98

    Ogun State Governor, Prince Dapo Abiodun has expressed shock over the death of the President of the League of Imams and Alfas in Ogun State and Grand Chief Imam of Yewaland, Sheikh Sikirulai Babalola.

    The governor spoke on Sunday during the burial ceremony of the late Islamic cleric held at Igan Alalade in Yewa North Local Government Area of the state.

    Abiodun described the late Sheikh Babalola as a devoted Muslim and respected Islamic scholar who rose to the highest level of leadership within the Muslim community in the state.

    According to the governor, the deceased not only served as the Grand Chief Imam of Yewaland but also as President of the League of Imams and Alfas in Ogun State, making him one of the most influential Islamic leaders in the state.

    He further described the late cleric as a man of integrity, generosity and faith who left behind enduring legacies through his service to humanity and the Muslim community.

    “I cannot find better words to describe him other than that he was a man of God and a good man,” the governor said.

    Governor Abiodun added that Ogun State, known for its religious harmony and tolerance, had lost one of its foremost spiritual leaders, noting that the cleric’s death was a painful loss to both his family and the entire state.

    He prayed for Almighty Allah to grant the deceased eternal rest.

    Also speaking, the Minister of State for Health, Iziaq Kunle Salako, said the late Sheikh dedicated his life to the service of humanity through Islam.

    “He was a very upright man who consistently defended the interest of Yewaland, even as a Muslim leader. He always looked out for the younger generation and served as a rallying point for many people in the land.

    “His death, though coming at a ripe old age, is still a huge loss to us. We will greatly miss him, and we pray that Almighty Allah grants him Aljanah Firdaus,” Salako said.

    In a brief lecture at the burial ceremony, the Head of the Department of Arabic Studies at the Federal College of Education Abeokuta, Dr. Raji Akano, urged people to make meaningful use of their lives while alive, stressing that death is inevitable for all humans.

    Akano said the late Chief Imam had completed his earthly assignment and returned to his Creator, urging the living to lead impactful lives and remain conscious of the hereafter.

    Late Sheikh Sikirulai Babalola died on Saturday at the age of 98.

    Abiodun mourns death of Yewa Chief Imam at 98