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Daily Archives: May 8, 2025

New Pope Elected: Cardinal Robert Francis Prevost Takes Papal Name Pope Leo XIV

Vatican has announced Cardinal Robert Francis Prevost, as the new Pope. The 69-year-old is the first American to emerge the Pope. The new Pope has taken a new name Pope Leo XIV. Earlier, white smoke billowed from the Sistine Chapel chimney on Thursday evening, signalling that the 133 Roman Catholic cardinals gathered inside the Vatican had elected a new pope. …

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Vatican Signals New Era: White Smoke Announces New Pope

White smoke billowed from the Sistine Chapel chimney on Thursday evening, signalling that the 133 Roman Catholic cardinals gathered inside the Vatican had elected a new pope. The crowd in St. Peter’s Square erupted in cheers, priests made the sign of the cross and nuns wept as the crowd shouted “Viva il papa!” after the white smoke wafted into the …

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Troops Bust Boko Haram’s Fuel Supply Line In Borno

Nigerian troops, Hadin Kai have intercepted a large scale fuel smuggling operation and raided a fuel station in Borno, aimed at supplying Boko Haram terrorists in the Gwoza and Cameroon border areas. Acting on intelligence, the troops raided Hadiza and Sadiq Filling Station, where operators were caught loading fuel into 500 jerrycans. Authorities described the act as a deliberate effort …

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Seplat Energy To Boost FX Earnings With Gas Exports

Seplat Energy Plc has announced plans to start exporting gas, aiming to increase foreign exchange earnings and deliver greater value to stakeholders. This strategic move is expected to positively impact the company’s financial performance and contribute to the country’s economy. The Managing Director of Seplat Producing Nigeria Unlimited (SEPNU), Dotun Isiaka, disclosed this during a panel session organised by the …

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Senate Retains 7.5% VAT, Passes 2 Tax Reform Bills

The Senate has passed two of the four tax reform bills while the current 7.5VAT is retained The bills are expected to reform Nigeria’s tax laws. The lawmakers approved the bills after considering and adopting recommendations from the Senate Committee on Finance, led by Senator Sani Musa, on Wednesday, May 7, 2025. The four key bills are the Joint Revenue …

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