Features

Nigeria Loses $18bn to Tax Evasion, Profit Shifting – Government

Nigeria Loses $18bn to Tax Evasion, Profit Shifting – Minister

September 27, 2025 2:16 am

Nigeria is losing an estimated $18 billion every year to tax evasion, profit shifting, and other illicit financial flows, according to the country’s Ministry of Finance — a figure officials warn threatens economic growth and fiscal stability.

Minister of State for Finance, Dr. Doris Uzoka-Anite, disclosed the figure on Tuesday in Abuja at the National Conference on Illicit Financial Flows. She described the losses as a “hydra-headed monster” that drains vital resources from the economy and undermines Nigeria’s development agenda.

Dr. Uzoka-Anite said the majority of the outflows stem from aggressive tax avoidance and profit-shifting strategies by multinational corporations operating …

CJN: Nigeria’s Judiciary Faces Huge AI, Cybersecurity Challenge

CJN: Nigeria’s Judiciary Faces Huge AI, Cybersecurity Challenge

September 27, 2025 2:14 am

CJN says that Nigeria’s judiciary is grappling with the twin challenges of Artificial Intelligence (AI) and cybersecurity as the justice system races to keep pace with rapid technological change.

At the Lagos State 2025/2026 New Legal Year Summit on Tuesday, senior legal figures, including Chief Justice of Nigeria (CJN) Justice K.M.O. Kekere-Ekun, Lagos State Governor Babajide Sanwo-Olu (represented by Attorney General Lawal Pedro, SAN), and Lagos Chief Judge Justice Kazeem Alogba, warned that courts must adapt or risk being left behind.

Justice Kekere-Ekun stressed that technology is now essential to justice delivery but cautioned against the dangers of data breaches, …

Hollywood's Tom Holland Suffers Mild Concussion During Filming

Hollywood’s Tom Holland Suffers Mild Concussion During Filming

September 27, 2025 2:07 am

Hollywood star Tom Holland, best known for playing Spider-Man in the Marvel Cinematic Universe, has sustained a mild concussion while filming the next installment of the franchise.

A source close to the production confirmed to CNN that the 29-year-old actor was injured on set but did not require hospitalization. The incident has been described as “contained,” with no other cast or crew members affected.

“Tom experienced a mild concussion and, out of precaution, will take a short break from filming. He is expected to return to work within a few days,” the source said. Production is expected to continue as

…
Flying Car Collision At China Airshow Rehearsal Sparks Fire

Flying Car Collision At China Airshow Rehearsal Sparks Fire

September 27, 2025 2:04 am

Two flying cars collided during a rehearsal for an airshow in northeastern China on Tuesday, injuring a pilot and igniting one of the vehicles in a rare mishap for the country’s emerging low-altitude aviation sector.

The accident occurred in Changchun, Jilin Province, as the city prepared to host a five-day airshow starting Friday. The electric vertical take-off and landing (eVTOL) vehicles involved were developed by Xpeng Aeroht, a subsidiary of Chinese electric vehicle manufacturer Xpeng.

Footage shared on Chinese social media and state-run outlets showed thick smoke billowing from the crash site as emergency vehicles rushed to the scene. Local …

UK Weighs Reducing Visa Fees To Lure Foreign Skilled Workers

UK Weighs Reducing Visa Fees To Lure Foreign Skilled Workers

September 27, 2025 2:03 am

United Kingdom is weighing plans to scrap visa fees for highly skilled foreign workers, including Nigerians, as part of a major push to attract global talent in science, technology, and research.

Prime Minister Keir Starmer’s government has tasked a “Global Talent Taskforce,” led by former chief scientific adviser Sir Patrick Vallance, to review the country’s immigration system and make Britain a top destination for innovators and experts.

The review is considering removing the £766 application fee for the Global Talent Visa and the £1,035 annual health surcharge, which critics say make relocating to the UK prohibitively expensive for many …

Trump Pushes RICO Charges On Protest Groups After Kirk Killing

Trump Pushes RICO Charges On Protesters After Kirk Killing

September 26, 2025 9:25 pm

Trump is calling for sweeping legal action against left-leaning protest groups, invoking a powerful federal statute once aimed at the mafia, following the killing of conservative activist Charlie Kirk.

US President Donald Trump said he is consulting with Attorney General Pam Bondi on using the Racketeer Influenced and Corrupt Organizations Act (RICO) to bring charges against groups he accuses of inciting violence. He has also singled out billionaire philanthropist George Soros, a major donor to Democratic causes, suggesting he should face investigation under the same law – despite providing no evidence of wrongdoing.

The RICO statute, enacted in 1970 to …

UK Envoy: Nigeria’s Bold Reforms Starts To Show Real Results

UK Envoy: Nigeria’s Bold Reforms Starts To Show Real Results

September 26, 2025 8:27 am

UK’s top diplomat in Abuja, has said that Nigeria’s sweeping economic reforms are beginning to pay off, attracting fresh waves of British investments and marking a turning point in the relationship between the two nations.

British High Commissioner Richard Montgomery said investor confidence is rising despite the pain caused by inflation and currency instability. Bilateral trade has climbed to a record £7.9 billion ($9.9 billion), making Nigeria one of the UK’s most important partners in Africa.

“Nigeria does not want a donor; it wants a partner,” Montgomery told Business Day in an interview. “That is precisely the role the UK …

Trump Names Ellison, Dell, Murdochs In TikTok Takeover Group

Trump Names Ellison, Dell, Murdochs In TikTok Takeover Group

September 26, 2025 7:56 am

Trump has named Oracle co-founder Larry Ellison, Dell Technologies CEO Michael Dell, and media executives Rupert and Lachlan Murdoch as part of a group seeking to acquire TikTok’s US operations.

Speaking on Fox News’ Sunday Briefing, the President of the United States of America, Donald Trump said the well-known business figures would be involved in taking control of the video-sharing app’s algorithm — the key asset in the deal. “Larry Ellison is involved. Michael Dell is involved. Lachlan is involved, and Rupert Murdoch is probably going to be in the group,” Trump said.

The remarks mark a shift from the …

India To Build Powerful Nuclear Submarine Reactor Amid China Tensions

India To Build Nuclear Submarine Reactor Amid China Tensions

September 26, 2025 7:27 am

India is developing a powerful new nuclear reactor for its next-generation submarines, in a move widely seen as a response to China’s rapidly growing naval presence in the Indo-Pacific.

The Bhabha Atomic Research Centre (BARC) in Mumbai is leading the “top-secret” project, which aims to produce a 200-megawatt electric (MWE) pressurized light-water reactor fuelled by enriched uranium, according to reports in Indian media. The reactor will power the country’s planned S5-class ballistic missile submarines and six nuclear attack submarines under Project 77.

The design and computer simulation phases have been completed, clearing the way for production, according to Defence.in. The …

Kemi Badenoch Slams UK Decision To Recognize Palestinian State

Kemi Badenoch Slams UK Move To Recognize Palestinian State

September 26, 2025 6:48 am

Kemi Badenoch, the Conservative Party leader have sharply criticized Britain’s decision to recognize Palestine as an independent state, as she calls the move “absolutely disastrous” and warned it would have lasting repercussions.

Prime Minister Keir Starmer announced on Sunday that the United Kingdom had formally joined more than 150 countries in recognizing Palestinian statehood. In a statement shared on X, Starmer said the decision reflected Britain’s commitment to supporting a two-state solution to the decades-long Israeli-Palestinian conflict.

“I know the strength of feeling that this conflict provokes,” the prime minister said, framing the move as a step toward peace and …

UK Travellers Will Face Stricter EU Border Laws From October

UK Travelers Will Face Stricter EU Border Laws From October

September 25, 2025 1:29 pm

UK holidaymakers heading to Europe will soon undergo additional border checks as the European Union introduces its new Entry/Exit System (EES), starting from October 12, 2025.

The automated system, which will be phased in over six months, applies to UK and other non-EU nationals travelling for short stays in the Schengen area. Passengers will need to scan their passports, provide fingerprints, and have a photo taken at the border.

The checks will be mandatory for entry into most EU countries, as well as Iceland, Norway, and Switzerland, but will not apply to travel to Ireland or Cyprus. Photos will be …

Burkina Faso, Mali, Niger Announce Instant Withdrawal From ICC

Burkina Faso Mali Niger Announce Instant Withdrawal From ICC

September 25, 2025 11:49 am

Burkina Faso, Mali and Niger have jointly declared they will withdraw from the International Criminal Court (ICC), calling the Hague-based tribunal a tool of “neo-colonialist repression.”

In a coordinated statement on Tuesday, the three military-led governments said they no longer recognize the court’s jurisdiction and accused it of disproportionately targeting African nations. They pledged to establish “indigenous mechanisms for the consolidation of peace and justice” to handle war crimes and human rights abuses within their territories.

The move deepens the trio’s political isolation from Western powers and international institutions. All three countries have been ruled by military juntas since coups …

TRENDING

Breaking

𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

follow on social media

Facebook Twitter Youtube Telegram Linkedin

subscribe to newsletter

© 2018 - 2020 Africa digital news, New York
Powered by

People and Polity