Good morning, world. Here is today’s summary from Nigerian Newspapers: Things you need to know
1. President Bola Ahmed Tinubu has insisted that the implementation of the new tax laws will commence on January 1 as scheduled. The tax reform laws have attracted widespread opposition, with many Nigerians, including opposition figures, calling on the President to suspend the January implementation date.
2. A Federal High Court in Abuja has refused the bail applications by former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), and two others accused of money laundering. Justice Emeka Nwite rejected the application on Tuesday to enable the prosecution to reply formally.
3. The Super Eagles cruised to a comfortable 3–1 victory over Uganda Cranes in their final Group C match at the ongoing Africa Cup of Nations (AFCON) 2025 in Morocco on Tuesday. Nigeria showcased their squad depth as Paul Onuachu scored the first-half opener, while Raphael Onyedika struck twice in the second half to sink the Cranes.
4. 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 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.
5. Two people reportedly died, and several others were injured following a fireworks explosion during a 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.
6. Fresh concerns over worsening insecurity around the Federal Capital Territory have been raised following an attack by suspected bandits on two Catholic priests at St. Rita’s Catholic Church, Unity Estate, Mararaba, Nasarawa State. The attack occurred in the early hours of the day when armed assailants invaded the parish house at about 2:30 a.m. and assaulted the priests, while the Parish Priest reportedly escaped unhurt.
7. Death toll from the fire that gutted the Great Nigeria Building in the Balogun Market area of Lagos Island, Lagos State, has risen to five, as two more bodies were recovered from the rubble on Sunday. This came as another fire outbreak on Monday evening gutted a section of the Arena Market in the Bolade area of Oshodi, Lagos State.
8. No fewer than 18 persons lost their lives, while two others sustained critical injuries in a multiple-vehicle accident along the Dutse–Kiyawa Road in Jigawa State on Tuesday. It was learnt that the crash, which occurred around Tuesday afternoon, involved two Golf 3 cars and a tipper truck.
9. The Nigeria Customs Service, Federal Operations Unit, Zone D, Bauchi, has intercepted 718 pieces of donkey skins worth over N24m, allegedly being smuggled out of the country. The Zonal Comptroller, Abdullahi Kaila, disclosed this on Tuesday during a media briefing on the unit’s anti-smuggling activities at the command’s headquarters in Bauchi.
10. Members of the Rivers State House of Assembly have returned a N100,000 cash gift from the state governor, Siminalayi Fubara. The money was earlier transferred to their personal accounts for Christmas bonus on the instructions of Fubara.
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