LAGOS MARCH 27TH (NEWSRANGERS)-The Federal Government on Tuesday formally prohibited cash collection of taxes and banned the mounting of roadblocks for revenue enforcement as part of fresh regulations to implement new tax laws. The Executive Secretary of the Joint Revenue Board, Mr Olusegun Adesokan, stated this during the signing of the Presumptive Tax Regulations and…
LAGOS MARCH 20TH (NEWSRANGERS)-Nigeria has agreed to take back more of its nationals from the United Kingdom (UK) under a new migration arrangement that is expected to fast-track the return of failed asylum seekers, visa overstayers and convicted offenders. The deal, signed in London by Interior Minister Olubunmi Tunji-Ojo and UK Home Secretary Shabana Mahmood…
LAGOS MARCH 17TH (NEWSRANGERS)-The Federal Government has declared Thursday and Friday as public holidays to mark this year’s Eid-ul-Fitr celebration. The announcement was made by the Minister of Interior, Olubunmi Tunji-Ojo, who congratulated the Muslim faithful across the country on the successful completion of the holy month of Ramadan. In a statement issued on Tuesday…
LAGOS FEBRUARY 3RD (NEWSRANGERS)-The 2023 presidential candidate of the Labour Party, Peter Obi, has expressed displeasure at the lingering strike by primary schools teachers in the Federal Capital Territory, FCT. In a post on his official X handle, Obi said it is worrisome that the government spent billions of naira to renovate the International Conference…
LAGOS DECEMBER 18TH (NEWSRANGERS)-The Federal Government has confirmed the release of the Nigerian Air Force aircraft and 11 soldiers detained in Burkina Faso after a forced landing. Confirming the development on Wednesday night, the spokesperson of the Ministry of Foreign Affairs, Mr Kimiebi Ebienfa, said the aircraft and personnel had been released. He said, “Yes,…
LAGOS NOVEMBER 13TH (NEWSRANGERS)-Former military Generals have expressed outrage over Tuesday’s clash between the Minister of the Federal Capital Territory, Nyesom Wike, and a naval officer identified as A. Yerima, over alleged land grabbing. The veterans, in separate interviews with The PUNCH on Wednesday, asserted that such confrontations undermine the chain of command and institutional…
LAGOS SEPTEMBER 5TH (NEWSRANGERS)-From January 1, 2026, Nigerians and non-residents will not be able to open or operate a bank account without a Tax Identification (Tax ID). The new rule is contained in the Nigeria Tax Administration Act, 2025, which was recently signed into law by President Bola Tinubu. The Act also extends the…
LAGOS SEPTEMBER 5TH (NEWSRANGERS)-The Federal Government plans to increase its borrowing despite a significant 40.5 per cent surge in revenue for the first eight months of 2025. This boost in revenue has largely been driven by substantial gains in non-oil revenue collections, as confirmed in a press statement on Wednesday by Special Adviser to the…