Good morning. Here is today’s summary from TheMatrix Newspapers:
1. Tax Reform Bills: Nigerian Govs Make U-Turn
- Throw Weight Behind Bills, Kick Against VAT increase, CIT Reduction
- Seek “Equitable” Sharing Formula For VAT
- Passage Of Tax Reform Bills To Attract More Investments- Sule
In a major shift from their earlier stance on the controversial Tax Reform Bills, Nigeran 36 state governors under the aegis of the Nigeria Governors’ Forum (NGF) have finally thrown their weight behind the proposed bills currently domiciled at the national assembly. READ MORE
2. Experts Expect Current Naira Stability To Last-Bloomberg
- Presidency Challenges Peter Obi To Tweet Development
Financial experts are optimistic that the current stability of the Nigerian currency, the naira against the American dollar will last. READ MORE
3. EFCC To Arraign Oba Otudeko, Ex-First Bank MD Onasanya Over Alleged ₦31bn Fraud
The Federal High Court in Ikoyi, Lagos, has set Monday, January 20, 2025, for the arraignment of Chief Oba Otudeko, Chairman of Honeywell Group, and Stephen Onasanya, a former Managing Director of First Bank, over allegations of embezzling ₦31.85 billion from the bank. READ MORE
4. Tinubu Congratulates WTO DG Okonjo-Iweala, Adeola, Adesina On Honorary Awards
President Bola Ahmed Tinubu has congratulated Dr Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization, over her recognition and conferment of an honorary Doctor of Science degree by the University of Lagos. READ MORE
5. We Don’t Need Your Approval For Tinubu’s Policies, FG Tells Emir Sanusi
The Federal Government has responded sharply to recent comments made by the Emir of Kano, Muhammadu Sanusi II, regarding the administration’s economic policies, stating that his endorsement is neither required nor sought. READ MORE
6. Trump Unveils Official Presidential Portrait Resembling Viral Mug Shot
President-elect Donald Trump has revealed his official portrait as the 47th President of the United States, an image drawing widespread attention for its striking similarity to his viral 2023 mug shot. READ MORE
7. Police Seal Off PDP Secretariat In Port Harcourt
The headquarters of The Peoples Democratic Party Secretariat in Rivers State has been sealed off by men of The State Police Command on Thursday, this is on the heels of the ongoing leadership tussle in the party. READ MORE
8. EFCC Dismisses 27 Officers Over Corruption Allegations, Urged To Prosecute Them
The Economic and Financial Crimes Commission (EFCC) has dismissed 27 officers over allegations of corruption and other disciplinary issues in a move aimed at restoring its credibility as Nigeria’s foremost anti-corruption agency.
READ MORE
9. 2Baba Gifts Son Nino Car on His 19th Birthday
Legendary Nigerian singer, 2Baba (Innocent Idibia), has surprised his eldest son, Nino, with a brand-new car to celebrate his 19th birthday. READ MORE
10. Amad Saves Man Utd With Incredible Late Hat-Trick To Beat Southampton
Amad Diallo scored a stunning late hat-trick as Manchester United turned what seemed certain to be a humiliating defeat into a thrilling victory over Southampton at Old Trafford. READ MORE
