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New tax laws take effect — Tinubu

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^Says no substantial issue established to warrant a stop ^Calls on stakeholders to support implementation  ^Fix the law first, PDP urges presidencylNECA endorses takeoff, says delay ‘crime against Nigeria President Bola Tinubu has said that the new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will be implemented as planned. This came as the Peoples Democratic Party, PDP, renewed its call for suspension of  commencement date of the new Tax Act, citing discrepancies between the harmonised version passed by the National Assembly and the version later gazetted, which it said have raised serious public concern nationwide. The President said all the concerns raised have been noted but added that no substantial issue has been established that should warrant a disruption of the reform process.  Tinubu in a statement, said: “The new tax laws, including those that took effect on June 26, 2025, and the ...

Ondo Amotekun nabs 39 suspected terrorists fleeing Sokoto

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•Group demands sack of Osun Amotekun leaders FOLLOWING Christmas Day airstrikes carried out by the United States’ military in Sokoto State, the Ondo State security outfit, codenamed Amotekun, yesterday, said it has arrested 39 suspected bandits who fled Sokoto State. Parading 100 suspected criminals arrested across the state, the Amotekun Commander, Chief Adetunji Adeleye, said that the 39 suspected bandits claimed they fled from Sokoto State. Adeleye said that after escaping from the North, they relocated to the forests in Ondo State. The Amotekun Commander said: “Some days ago, 39 suspects were arrested, claiming that as a result of the heat turned on them in the northern part of the country, they are relocating into the forest.  “We are still profiling them; after the profiling, we may have to send them back, but those found with incriminating equipment and materials will surely be prosecuted. “The state government has made its position known. For you to stay in our forest areas...

We’re saddened by AJ’s road crash — Family

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•Some members of Anthony Joshua's family.   *Tyre burst caused car accident — Police *No plan to fly him out — Source ^British envoy, govs visit boxer in hospital  ^He’s recuperating — Gov Abiodun  ^Senators Adeola, Natasha sympathise with Joshua ^Call for highway safety reforms FOLLOWING the road accident involving heavyweight boxing champion, Anthony Joshua, and three others, which claimed the lives of two of his associates, his family, yesterday, expressed deep shock and sadness over the incident. Joshua was involved in the fatal crash, on Monday, along the Makun axis, before Danco Filling Station, near the Sagamu Interchange on the Lagos-Ibadan Expressway. The accident, which occurred around midday, involved a Toyota Lexus SUV conveying Joshua and three other passengers. Two of the occupants died and were identified as Ayodele Kelvin Olu, 36, a Nigerian-British citizen, and Gami Sina, 36, a British citizen. Speaking with newsmen at the Joshua family residence in the I...

Fireworks kill 2

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TWO people reportedly died and several others injured following fireworks explosion during Christmas carnival in Umuchu, Aguata Local Government Area of Anambra State at the weekend. The explosion was said to have occurred near the main stage of the event during the celebration, forcing the guests to scamper for safety.   The fireworks were allegedly packed in cartons and were meant to be disposed off at the event. According to an eye witness, one of the victims, identified only as Ugochi, reportedly died on the spot, while another was rushed to a nearby hospital, where she also died. There were fears that the death toll might rise, as many of the injured persons who sustained serious burns and deep cuts are in serious danger. “The knockout exploded like a bomb. Those closest to the stage collapsed immediately. The sound was deafening, and chaos erupted everywhere as people screamed for help”, the eye witness said. A trending video showed thick smoke in the hall and many peopl...

How my only child killed on Christmas Day — Mother

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“Christmas Day, a season of joy, laughter and family togetherness, became the darkest day of my life. Instead of celebrating, I watched as my 32-year-old only child was snatched from me.” This was the lamentation of Mrs. Chinyere Emeagi, whose only son, Amauche  Ezeji, was shot dead by a yet-to-be-identified gunman at about 8pm on December 25, 2025, in the Askaka Road area of Kwale, Ndokwa West Local Government Area of Delta State. The deceased, according to his mother, had taken his pregnant wife to his grandmother’s home for the Yuletide celebration. Narrating the incident, Mrs. Emeagi, who is yet to come to terms with her son’s demise, said: “Amauche Lucky Ezeji, was my only child, my hope and my future. He only wanted to do what any responsible husband would do :  drop his pregnant wife at his grandmother’s house so the family could celebrate together. “We were all together when he received a phone call. He told us he would be back shortly and rushed out. That was the last...

Fire rages part of Arena market

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  A section of Arena Market, Bolade, Oshodi, Lagos State, went up in flames, yesterday, destroying goods whose monetary value could not be immediately estimated. The fire, said to have occurred about 5:30p.m., is the second market fire incident recorded in six days, with the first fire  at the Great Nigeria Insurance Building on Martins Street, Lagos Island, still raging. According to the Lagos State Fire and Rescue Service, the Arena fire affected a section of the market consisting of five 40-foot container shops arranged in two rows, making a total of 10 shops. The affected area was primarily used for the storage and sale of clothing materials, which were reportedly stocked in bales. Controller General of Lagos State Fire and Rescue Service, Margaret Adeseye, explained that the agency “received a distress call at 5:50p.m., prompting immediate deployment of firefighting units. Crews from Bolade, Ilupeju, Ikeja, and Alausa Fire Stations arrived on the scene within five minutes...

Transfers above N10,000: Banks to start charging N50 stamp duty from Jan

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FOLLOWING the implementation of the Tax Act, banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January 1, 2026. The stamp duty or electronic money transfer levy (EMTL) is a single, one-off charge of N50 on electronic receipt or transfer of money deposited in any commercial money bank or financial institution on any type of account on sums of N10,000 and above. In an email sent to customers on Tuesday, the United Bank for Africa, UBA, said the N50 electronic money transfer levy (EMTL) on transfers will now be referred to as stamp duty across all financial institutions. “Please note the following: Stamp Duty applies to transactions of N10,000 and above  (or the equivalent in other currencies),” the email reads. Salary payments and Intra-bank self-transfers are exempted from stamp duty. “The Sender now bears the Stamp Duty charge.  Previously, this charge was deducted from the Beneficiary/ Receiver.” The bank said it remains comm...