IMF asks Tinubu to impose fresh taxes on petrol, telecom, as conditions for new 5 billion dollars loan

IMF asks Tinubu to impose fresh taxes on petrol, telecom, as conditions for new 5 billion dollars loan

The International Monetary Fund has recommended introducing taxes on fuel products and telecommunications services in Nigeria as part of broader measures to increase government revenue and create fiscal space for development spending and social interventions. The recommendation was contained in the IMF’s 2026 Article IV Consultation report on Nigeria, where the Fund argued that additional…

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Ojukwu Varsity dismisses two professors, two senior lecturers, one principal assistant registrar for gross misconduct

Ojukwu Varsity dismisses two professors, two senior lecturers, one principal assistant registrar for gross misconduct

By Ovat Abeng At its 122nd meeting on Friday, June 12th, 2026, the 8th Governing Council of Chukwuemeka Odumegwu Ojukwu University (COOU) Igbariam, Anambra State dismissed five staff members. According to Dr Harrison Madubueze, the University’s Public Relations Officer, who disclosed this in a statement in Awka on Sunday, said those dismissed for misconduct include;…

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NDC: Tawo Celebrates Resounding Primary Victory, Pledges People-Centered Representation

NDC: Tawo Celebrates Resounding Primary Victory, Pledges People-Centered Representation

The candidate of the Nigeria Democratic Congress (NDC) for the Obubra/Etung Federal Constituency House of Representatives seat, Dr. Obah Edom Tawo, has expressed profound gratitude to party faithful and constituents following his decisive victory in the party’s primary election. In a message dated June 12, 2026 and addressed to the people of Obubra and Etung,…

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2027: ADC Chieftain Warns Amaechi Against Presidential Ticket with Atiku, Demands Southern Presidency

2027: ADC Chieftain Warns Amaechi Against Presidential Ticket with Atiku, Demands Southern Presidency

By Kelvin Obambon Ahead of the 2027 presidential election, a major stakeholder of the African Democratic Congress (ADC) in Cross River State, Comrade Austine Ibok, has strongly warned former Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi, against accepting a vice-presidential slot under a rumored joint ticket with former Vice President Atiku Abubakar. In an…

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Cross River Government revives Marina Resort with over N5 billion investment

Cross River Government revives Marina Resort with over N5 billion investment

By Kelvin Obambon The Cross River State Government has successfully revitalized the long-abandoned Marina Resort in Calabar, securing a massive private-sector investment worth over N5 billion. The project, driven by the Blake Group (BLEEC), transforms the historic waterfront facility into an all-inclusive, multidimensional entertainment hub featuring a 24-hour music serenade, a club, a bistro, grills,…

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Ojukwu Varsity approves promotion of 13 academics to professorial cadre

Ojukwu Varsity approves promotion of 13 academics to professorial cadre

By Ovat Abeng The Governing Council of Chukwuemeka Odumegwu Ojukwu University (COOU) Igbariam, Anambra State, at its 122nd Council sitting held on June 12th, 2026, approved the promotion of thirteen distinguished academics to the rank of Professor, in a move that further underscores the institution’s commitment to academic excellence, scholarship, and staff development. The newly…

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