Author: Alade Adisa

The entire British Army would be destroyed in “six months to a year” in a major war – underlining the importance of rebuilding the UK’s reserve forces, a defence minister has said.Al Carns, the veterans minister, who is also a reservist, said the casualty rate suffered by Russian forces in Ukraine – killed and injured – is around 1,500 soldiers a day.He said this ability to absorb such losses and keep fighting is part of Russia’s plan and is why Britain needs to rebuild depth when it comes to the layers of fighting forces it has available, highlighting the need…

A bomb suspected to be planted by bandits exploded, killing no fewer than twelve people in Yar Tasha village, Maru Local Government Area of Zamfara State on Wednesday. The incident, according to Daily Trust, occurred around 8am this morning after a commercial driver conveying passengers to Dansadau town ran on the device suspected to be planted by bandits.This is the second time an explosive device would be planted along Dansadau Road within a week. Last Sunday, a similar device suspected to also be planted by bandits exploded in an 18-seater bus, killing the driver, who was the sole occupant. A…

Israel last night (Tuesday) threatened to return to war in Lebanon and target the state itself if its truce with Hezbollah collapses after the deadliest day since a ceasefire was agreed. In its strongest threat since last week’s deal to end 14 months of conflict, Israel said it would hold Lebanon responsible for failing to disarm militants who violate the ceasefire. ‘If we return to war we will act strongly… there will no longer be an exemption for the state of Lebanon,’ said defence minister, Israel Katz. Israeli forces have continued strikes against what they claim are Hezbollah fighters ignoring…

By Reno Omokri There has been very heavy reporting on my social media accounts after my posts praising Wizkid as the king of Afrobeats and urging Africans to stream his album Morayo. To those who felt attacked, do not see this as an insult to you or those you hold dear.I am a patriot and pan-African. I saw that Nigeria and Africa had an opportunity to break global album streaming records, so I promoted Ayodeji Ibrahim Balogun and his album, Morayo.We need to begin to think group interests. Our economy needs all the help it can get as we move…

As the debate rages in the public domain on President Bola Tinubu’s proposed tax reforms, and as Nigeria’s National Assembly deliberates on the tax bills before its floors, an essential religious concern has emerged on the matter that demands urgent attention. Within provisions of the proposed bills is a clause introducing taxes on inheritance wealth in a way that conflicts with religious teachings. Nigeria is a multi religious country whose laws should accommodate and support religious injunctions and not repeal them. 2.As a Muslim, I know that Islamic law (Sharia) unequivocally governs the distribution of inheritance through clearly prescribed shares.…

Justice Mojisola Dada of the Lagos State Special Offences Court in Ikeja, on Tuesday, issued a bench warrant against the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, over alleged N76 billion and $31.5 million fraud. The judge ordered Kuru’s arrest for failing to appear before the court for his arraignment by the Economic and Financial Crimes Commission (EFCC). The court had scheduled Tuesday to arraign Kuru along with the Managing Director of Arik Air, Captain Roy Ilegbodu, the receiver manager of Arik, Kamilu Omokide, Union Bank Plc, and a company, Super Bravo Limited, for…

Based on actual data for October 2024, our simulation indicates that: To check figures shared on TV last night on the possible impact of the proposed VAT formula on states, we did a quick simulation. We ran what states got for October 2024 with what they would have received under the proposed formula.We assumed the following: Gainers: Delta would have gained the highest of N6.93b while Kwara would have gained the least of N74.26m.The picture looks slightly different in terms of percentages: 5 in the NE2 in the NC3 in the NW1 in the SE2 in the SS1 in the…

President Cyril Ramaphosa of South African has said that the country is open to more Nigerian investors looking to do business in one of the biggest economic powerhouses on the continent. Ramaphosa disclosed this on Tuesday at the opening of the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) in Cape Town. President Bola Tinubu was in attendance at the high-level session. Ramaphosa pledged South Africa’s commitment to removing constraints on greater investment and addressing the challenges faced by companies in both countries. A statement issued by Bayo Onanuga, special adviser to Tinubu on information and strategy, quoted Ramaphosa…

Deposit Money Banks in the Federal Capital Territory (FCT) have raised their maximum over-the-counter withdrawal limit to N50,000 per day, up from the previous N5,000. This development follows improved cash availability, NEW DAILY PRIME has learnt. It was observed on Tuesday that banks such as Guaranty Trust Bank (GTBank) and Zenith Bank have implemented the new limits. At the GTBank branch along the airport road, customers can now withdraw N50,000 over the counter, while the Automated Teller Machines (ATMs) maintain a limit of N20,000. A bank official confirmed the changes, attributing the increase to the availability of more cash. “We…

The Minister of Federal Capital Territory, Nyesom Wike has said President Bola Tinubu is on a mission to transform satellite towns in the Federal Capital Territory (FCT) to cities by taking governance to the grassroots. Wike said this during the inauguration of the construction of Kabusa to Takushara road in Abuja on Tuesday. He assured that Tinubu will not fail the people of the rural areas in the FCT. The Minister said the Tinubu administration was committed to bringing development and governance to rural communities across the FCT. “One of the promises Tinubu made is that look, all people in…