Author: Prima News

Nigeria’s foreign currency-denominated tax receipts rose sharply to N6.33tn in 2025, reflecting increased contributions from multinational firms and exchange rate effects, an analysis of data released by the National Bureau of Statistics has shown. The figure represents a 27.3 per cent increase from N4.97tn recorded in 2024, highlighting a growing reliance on foreign-currency-linked tax inflows amid currency volatility and the expanding activities of foreign and export-oriented companies. Breakdowns from the NBS Value Added Tax and Company Income Tax reports, analysed by The PUNCH, show that foreign currency tax payments accounted for a significant share of total tax collections across the…

The US will soon roll out a new passport featuring President Donald Trump’s face on the inside cover to celebrate the country’s 250th independence anniversary. The Department of State announced in a statement on Tuesday that the passport design will be a limited-edition document commemorating the country’s independence from the British monarchy. A mockup of the design shared on X by the White House shows a blue-and-white image of Mr Trump’s face imposed over the text of the Declaration of Independence. It also includes the US flag and Mr Trump’s signature, in gold. Another page of the passport also includes…

•As industry think-tank proposes airlines stabilisation plan to FG By Udeme Akpan, Energy Editor & Dickson Omobola Despite a pricing advisory by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, oil marketers have continued to sell aviation fuel, also known as Jet A1, to airlines at N2,230 per litre and above, deepening concerns across Nigeria’s aviation sector. The NMDPRA had earlier indicated that aviation fuel should sell within a band of N1,760 to N1,988 per litre in Lagos and about N2,037 per litre in Abuja, based on prevailing market fundamentals.  The guidance followed a series of stakeholder engagements involving aviation…

News » Premier League news » Arsenal newsApril 28, 2026 21:18 GMT (UK), by Sri Aswin View Arsenal summer 2026 transfer targets Kroupi to Arsenal or Chelsea? Arsenal and Chelsea are keen on landing the signature of Bournemouth striker Junior Kroupi during the summer transfer window, according to TalkSPORT. The Frenchman signed for the Cherries from Lorient in February last year, but he was loaned back to the Ligue 1 outfit for the remainder of the campaign.Hence, the current season is his maiden one with the Cherries, and he has made a huge impression with 11 Premier League goals to his name.Kroupi started the…

The organisers of the National Women Mega Empowerment and Rally 2026 have unveiled a high-profile entertainment committee featuring top government officials and Nollywood stars ahead of the May 5 event in Abuja. The initiative, linked to the office of Imaan Sulaiman-Ibrahim and the Federal Ministry of Women Affairs, said the committee will drive cultural and creative engagement at the rally scheduled to hold at the Moshood Abiola National Stadium. Nollywood Actress and Filmmaker, Toyin Abraham.. Credit: Instagram | toyin_abraham According to the organisers on its official handle on Instagram on Sunday, the event, themed “The Power of 10 Million: One…

Speaking at the conclusion of an official visit to Mexico, the High Commissioner warned that violence remains a serious concern, with women rights defenders and reporters facing heightened risks, particularly when confronting organized crime, corruption or gender-based violence.Organised crime, fuelled by drug trafficking and the influx of arms, continues to have a major impact on public security and the enjoyment of human rights, he said, calling for the strengthening of civilian institutions and accountability mechanisms. UNIC/Mexico A protest rally in Mexico City on the case of Ayoitzinapa rural school attended by the 43 disappeared students.. “An end to impunity, justice…

The Federal Government on Tuesday said it is intensifying efforts to bridge the gap for out-of-school children through coordinated reforms and targeted interventions across the country. The Minister of Education Dr. Tunji Alausa, stated this on Tuesday at the ongoing 2026 Basic Education in Nigeria Boot Camp Summit, a three-day event holding in Jos, the Plateau State capital, from April 28–30. The summit is themed “Enhancing Access to Inclusive Quality Education and Bridging the Gap for Out of School Children in Nigeria”. “This gathering comes at a defining moment in our nation’s education journey, as we collectively seek sustainable solutions to…

Playtek Technologies Limited is set to enter Africa’s fast-growing digital advertising and mobile ecosystem with four new products scheduled for launch in the third quarter of 2026 as the telecoms technology company positions itself to compete in a market increasingly shaped by global platforms. The company said the rollout will mark one of its most significant entries into Africa’s mobile advertising and digital infrastructure space, targeting mobile network operators, advertisers, and digital platforms across the continent. In a statement on Monday, Chief Executive Officer of Playtek Technologies, Osa Umweni, said the timing of the launch reflects structural shifts in Africa’s…

Anambra State Governor, Prof. Chukwuma Soludo, has called on Nigerian academics and professors to transition from passive teaching to “active developmental intellectualism,” stressing that the wealth of knowledge within university walls must directly translate into public policy and societal transformation. Soludo argued that while Nigeria produces thousands of scholarly articles and professors, the disconnect between academic research and national governance remains a significant barrier to progress. The governor stated this on Tuesday while delivering a lecture during the sixth Biennial Adada Lecture Series at the University of Nigeria, Nsukka. The event was organised by the Association of Nsukka Professors. In…

The National Bureau of Statistics has said that the average retail price of a litre of petrol witnessed an increase from N1,051.47 in February to N1,288.54 in March. The bureau said this in its Premium Motor Spirit (Petrol) Price Watch for March, released in Abuja on Tuesday. It said that the March price of N1,288.54 represented a 22.55 per cent increase over the price of N1,051.47 recorded in February. The report said that the average retail price of petrol also increased on a year-on-year basis from N1,261.65 recorded in March 2025 to N1,288.54 in March 2026, adding that it represented…