Author: Casey Ayodeji
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RMAFC Challenges Tinubu’s Tax Reform Bills, Cites Constitutional Breaches
The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has rejected President Bola Tinubu’s proposed tax reform bills, alleging they violate constitutional provisions on revenue sharing. In a detailed nine-page memorandum, RMAFC Chairman Mohammed Bello Shehu outlined legal and technical objections to the proposed legislations currently before the National Assembly. The Commission maintained that its constitutional…
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Ekiti Court Grants Dele Farotimi ₦50 Million Bail
Human rights activist and lawyer, Dele Farotimi has been granted bail by the Ekiti State High Court following his arrest in a defamation suit filed by Chief Afe Babalola, a prominent Senior Advocate of Nigeria. The bail conditions include a ₦50 million bond and a surety with equivalent landed property. The court has set January…
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Rebels Topple Assad as Russia Abandons Syrian Regime
Syrian President Bashar al-Assad has been deposed and has fled to Russia, effectively ending his 13-year authoritarian rule that was marked by a devastating civil war. According to Russian state media TASS, Assad and his family have been granted asylum in Moscow following a decisive offensive by Syrian rebel forces that saw opposition fighters successfully…
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Ghana Election: Mahama Secures Decisive Electoral Victory
Ghana’s Vice-President Mahamudu Bawumia has conceded defeat in Saturday’s presidential election, congratulating opposition candidate John Mahama on his victory. “The people have voted for change,” Bawumia declared, acknowledging the election’s outcome based on internal party tallies that showed Mahama winning “decisively”. The election unfolds against the backdrop of Ghana’s most severe economic crisis in a…
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Elon Musk’s xAI Secures $6 Billion in Series B Funding
Elon Musk’s artificial intelligence company, xAI, has successfully completed a Series B funding round, raising $6 billion from prominent investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, and Sequoia Capital. The investment signals a milestone in the company’s mission to develop advanced AI systems that prioritize truthfulness, competence, and human benefit. The newly acquired…
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Local Rice Prices Skyrocket by 137% Amid Rising Food Inflation
The National Bureau of Statistics (NBS) has reported a surge in rice prices, with local rice experiencing a 137.32 per cent year-on-year increase in October 2024. The average price of local rice has jumped from N819.42 in October 2023 to N1,944.64 in October 2024, a pointer to the intense inflationary pressures facing Nigerian households. Kogi…
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Tinubu Urges Graduates to Cultivate New Career Paths in Agriculture
In a goodwill message delivered at the 36th convocation of the Federal University of Technology, Owerri (FUTO), President Bola Tinubu challenged recent graduates to expand their career horizons beyond traditional white-collar employment. The message, delivered by Florence Obi, vice chancellor of the University of Calabar, Tinubu said, “The period white-collar jobs were readily available has…
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Akinwumi Adesina Crowned ‘African of the Decade’
Akinwumi Adesina, president of the African Development Bank (AfDB), has been awarded the prestigious title of ‘African of the Decade’ by the All African Business Leaders Awards (AABLA). The momentous recognition took place during the Africa Investment Forum in Rabat, Morocco, highlighting Adesina’s remarkable decade-long commitment to African development. The award celebrates Adesina’s work through…
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South Korean President Yoon Suk Yeol Survives Impeachment Attempt After Legislative Walkout
In a turn of events, the impeachment motion against South Korean President Yoon Suk Yeol collapsed on Saturday after members of his ruling People Power Party (PPP) staged a mass walkout from the legislative chamber, effectively preventing the vote from proceeding. The opposition parties were close to success, needing only eight votes from the PPP…
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FCCPC Investigation Costs Air Peace International Slot, Airline Claims
Air Peace Airline has alleged that it has lost an international slot due to the ongoing investigation by the Federal Competition and Consumer Protection Commission (FCCPC). At a press conference on Friday, Oluwatoyin Olajide, the airline’s Chief Operating Officer, revealed that a country they had been applying to for an airline slot had rejected their…