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Adedeji Assures No New Taxes in Proposed Tax Reforms

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Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), reassured Nigerians that the proposed tax reform bills will not introduce new taxes or raise current ones. Speaking at a session with the Senate Committee on Finance, Adedeji emphasized that the reforms will simplify tax administration and reduce the number of taxes without affecting jobs or merging agencies.

President Bola Tinubu submitted four tax bills to the National Assembly to streamline tax laws, modernize systems, and expand Nigeria’s tax base. Adedeji also announced that the FIRS will be renamed the Nigeria Revenue Service to reflect its broader functions. Lawmakers praised the FIRS for its strong performance in non-oil revenue collection.


 

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Oil Prices Rises After US Bombs Iran’s Nuclear Sites

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Global oil prices jumped by over 2 percent after the United States launched airstrikes on three of Iran’s nuclear sites. According to Oilprice.com, the market reacted quickly as trading opened on Monday. Brent crude climbed to $78.99 per barrel, while West Texas Intermediate (WTI) rose to $75.81 per barrel, both up from $77.07 and $73.83 recorded on Sunday.

The sharp increase followed US President Donald Trump’s announcement on Saturday that American forces had bombed Iran’s Fordow, Natanz, and Isfahan nuclear facilities. Iran has vowed to retaliate, heightening tensions in the Middle East and fueling fears of further instability in global oil markets. Experts had already predicted a possible price surge as the Israel-Iran conflict escalated with US involvement.


 

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Dunamis to Stop Live Broadcasts as Pastor Enenche Urges Members to Attend Church Physically

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Dr Paul Enenche, the Senior Pastor of Dunamis International Gospel Centre, has declared an end to live broadcasts of church services. Speaking during Sunday’s service, he urged members to make it a priority to attend church physically rather than relying on watching from home.

Referencing Hebrews 10:25, Pastor Enenche stressed the need for believers to gather together in one place, highlighting that the church assembly plays a vital role in spiritual growth. He noted that virtual participation should no longer be encouraged, except for those living abroad who may not have access to a Dunamis branch.

“For many of you used to watching from your living rooms, this might be the last time,” he said, as the church prepares to shut down live streams on platforms like Dunamis TV, YouTube, and Facebook, which previously aired all Sunday and midweek services.


 

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Tinubu Says Boko Haram is Behind Borno Bombing as He Mourns the Victims

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President Bola Tinubu has blamed the recent suicide bombing in Konduga, Borno State, on remaining elements of Boko Haram, saying the attackers now target vulnerable civilians to cause distractions. Deeply upset by the incident, he called on security forces to intensify their operations and completely flush out the insurgents.

In a statement released by his media aide, Bayo Onanuga, Tinubu condemned the attack as cowardly and extended his condolences to the people and government of Borno State. He also directed the National Emergency Management Agency (NEMA) to step in and support the victims and survivors.

The President further expressed sympathy to families affected by Saturday morning’s explosion in Kano, which occurred at a scrap metal yard. The blast injured 15 people and claimed five lives. Tinubu emphasized the need for proper safety standards in workplaces to prevent such tragedies.


 

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