FG projects N120tn as three-year consumption expenditure The Federal Government has projected an average of N120tn as consumption expenditure by Nigerians on which value-added tax will be charged between 2023 and 2025. This is according to the Medium Term Expenditure Framework and Fiscal strategy paper developed by the Ministry of Finance, Budget and National Planning. According to the report, consumption expenditure on which VAT will be charged will likely increase from an average of N35tn in 2023 to N40tn in …
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Manchester City and Algeria winger, Riyad Mahrez has signed a new three-year contract at the Etihad to commit his future until 2025. Mahrez had one year remaining on his previous deal before inking the new contract. Reacting to the deal, Mahrez said he was very happy to be at an ‘incredible club’, and said that even though he has enjoyed eight trophies during his four years at the club he is ‘hungry to achieve more’ under his manager Pep …
The FBI has blamed hackers associated with the North Korean government for stealing more than $600 million in cryptocurrency last month from a video gaming company. The hack is the latest in a string of audacious cyber heists tied to the North Korean government who have for years avoided sanctions placed by the UN over it’s nuclear weapons testsing . “Through our investigation we were able to confirm Lazarus Group and APT38, cyber actors associated with the DPRK, are responsible …
Poor nations rejected more than 100 million doses of COVID-19 vaccines distributed by the global programme COVAX in December 2021, mainly due to their rapid expiry date, UNICEF has disclosed . Despite growing supplies of shots, the world is still a long way off being vaccinated, with COVAX getting closer to delivering one billion doses to a total of nearly 150 countries, a UN official stressed. “More than a 100 million have been rejected just in December alone,” Reuters quoted …
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A US bound truck smuggling 170 migrants crashed on a highway in Veracruz, Mexico, on Wednesday, January 12 injuring 38 of which 8 were children. The trailer was heading to Mexico City when it crashed into a concrete road divider. The truck was disguised with fake logos to look like an official Mexican Food Ministry vehicle, bound for the US. About 132 migrants including the driver fled the scene before authorities arrived while the injured ones were taking into …