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The manufacturing sector remained the top contributor to Value-added Tax (VAT) with a contribution of N395.34 billion, representing 22.21 percent of the N1.78 trillion total VAT collections in the third quarter of 2024 (Q3’24), reaffirming its critical role in Nigeria’s economic development. Recall that the National Bureau of Statistics (NBS) also reported the manufacturing sector as the highest sectoral contributor, accounting …

The party’s National Working Committee (NWC) stated this on Sunday during a visit to the Bayelsa State Governor, Senator Douye Diri, at his country home, Sampou, in Kolokuma/Opokuma Local Government Area. The national leadership of the Peoples Democratic Party (PDP) has said that by 2027, the party will produce more state governors from the current 12 and take over governance …

The Chairman of the Association of Local Government Chairmen of Nigeria (ALGON), Kebbi State Chapter, Muhammad Ambursa, has revealed that some local government councils across the country would struggle to pay workers’ salaries without state government support. Speaking to journalists in his office in Birnin Kebbi, Nayaya, who also serves as the Chairman of Birnin Kebbi Local Government, stated that …

The stock market started the year on a strong note, delivering an impressive N155 billion profit to investors on the first trading day. The positive performance was driven primarily by gains in Tier-one banking stocks, namely, Zenith Bank, United Bank for Africa (UBA) and FBN Holdings, Access Corporation, among other equities. Specifically, the market capitalisation, which opened at N62.763 trillion, …

Toyota (Nigeria) Limited (TNL) ended the 2024 business year on a high as it emerged as the Auto Company of the Decade. It received the honour at the Nigeria Auto Journalists Awards held in Lagos on Wednesday December 11, 2024, bagging one of the biggest awards at last year’s event. It was the first time any automobile firm in Nigeria …

Mohamed Salah says he is motivated to do “something special” in what he believes will be his last year at Liverpool. The 32-year-old, whose contract expires at the end of the season, has been in scintillating form, propelling Arne Slot’s team into a commanding six-point lead at the top of the Premier League. The Egypt forward has scored 17 goals …

AC Milan came from behind to beat Juventus 2-1 on Friday and set up a showdown with city rivals Inter Milan in the Italian Super Cup final in Riyadh. Sergio Conceicao took charge of his first game as AC Milan coach after he was appointed to replace Paulo Fonseca earlier this week. But Kenan Yildiz fired Juventus ahead after 21 …

Jude Bellingham made amends for missing a penalty by snatching 10-man Real Madrid a 2-1 victory at Valencia on Friday to take them top of La Liga after winger Vinicius Junior was sent off. Huro Duro sent the hosts ahead in the first half of a feisty clash but Luka Modric levelled for Carlo Ancelotti’s side before Bellingham pounced in stoppage …

A Public Health expert, Damilola Shaba, has expressed concern over the rising mental health challenges faced by adolescents and young adults in the United States, saying data reveals 49.5 per cent of adolescents aged 13 to 18 experience some form of mental health disorder. Shaba, who referenced statistics from the National Institute of Mental Health, NIMH, highlighted that in 2021, …

Skipping breakfast can hinder weight loss, Spanish researchers have discovered. If you’re trying to shed extra kilos after the holidays, you should consume 20 to 30 percent of your daily calorie intake at breakfast. This translates to about 500-750 calories for men and 400-600 for women. A study involving nearly 400 adults over three years revealed that those who ate …