Visblog

October 2025 VAT Allocation: Lagos Leads Contributions as Low-Contributing States Receive Higher Returns The Federation Accounts Allocation Committee (FAAC) has released the breakdown of Value Added Tax (VAT) contributions and allocations for October 2025, revealing significant disparities between what states contributed and what they received. According to data compiled by Visblog, Lagos, Rivers, and Oyo remained the top contributors, while states with some of the lowest VAT inputs received allocations far exceeding their contributions. Lagos Remains Nigeria’s VAT Powerhouse Lagos State contributed N286.24 billion , the highest in the country, but received only N48.96 billion , representing just 17.10% of its contribution. Rivers followed with N42.27 billion contributed and N13.99 billion received (33.11%), while Oyo contributed N31.64 billion and received N12.89 billion (40.74%). Low-Contributing States Record Massive Returns Several states with comparative...

Troops of the Nigerian Army’s Joint Task Force, Sector One, Operation Udo Ka (OPUK), working alongside the Neighbourhood Watch, have freed 14 abducted persons during a coordinated mission inside Orokam Forest, a border zone between Udenu LGA of Enugu State and Ogbadigbo LGA of Benue State.Benue Tourism Guide Security sources informed Zagazola Makama that the operation was carried out around 1:30 p.m. on Friday after actionable intelligence from local residents revealed the location of a suspected kidnappers’ camp hidden within the forest. According to one of the sources, soldiers deployed in Udenu LGA immediately moved to the scene with members of the Neighbourhood Watch. “While approaching the hideout, the criminals opened fire on the troops. The joint team responded with a high volume of fire, forcing the kidnappers to flee in disarray and abandon the kidnapped victims,” the source said. The sources confirmed that all 14 victims who were abducted while returning from a burial ceremon...

Troops under Operation Peace Shield and Operation Zafin Wuta have cleared several notorious bandit hideouts across parts of Southern Taraba, destroying two major camps and forcing the fleeing fighters into neighbouring Benue State, according to military sources. Intelligence obtained by Zagazola revealed that the joint operation—conducted by troops of the 6 Brigade, Nigerian Army , and Sector 3, Operation Whirl Stroke —targeted long-established bandit enclaves around Shiid village , Tor-Tser general area , Likam Mountain , Agia village , and Tyozua village in Takum Local Government Area of Taraba State The offensive, launched around 0207 hours on December 7, followed credible reports of the presence and movements of bandit groups who had been using the rugged mountainous terrain as a safe haven. According to the sources, troops advanced in two coordinated teams. Team A established a blocking position at Tor-Tser to cut off escape routes, while Team B, the assault team, pushed thr...

Hypegirl Ivana, was finally been compensated as she has been invited to perform at Big Wiz /DJ Tunez show slated in December 26th and 28th 2025. The fast-rising singer and TikTok star has been booked to perform at the upcoming Big Wiz and DJ Tunez show. This means she’ll share the stage with her ultimate idol, Wizkid. Recall that Ivana was abruptly removed from Davido’s “5ive” album concert lineup in her home state, Akwa Ibom, just because she openly declared she’s still Wizkid FC and only accepted the Davido gig because it was in her state. The organizers weren’t having it and struck her name off. Well, karma works fast, Ivana just shared screenshots of her chat with Wizkid’s personal DJ confirming her slot.  The excited TikTok star and singer will finally meet her idol face-to-face for the first time  From getting snubbed at the last minute to getting to perform with Africa's biggest artiste, talk about a real positive vindication for loyalty 🎉

CBN Scraps Cash Deposit Limits, Raises Weekly Withdrawal Threshold The Central Bank of Nigeria (CBN) today removed the limit on cash deposits and raised the weekly cash withdrawal limit across all channels to N500,000, up from N100,000. The apex bank disclosed this in a circular to all banks titled “Revised Cash-Related Policies”, signed by Dr. Rita Sike, Director, Financial Policy & Regulation Department. According to the CBN, the revisions form part of ongoing efforts to moderate the rising cost of cash management, address security concerns, and curb money laundering risks associated with the country’s heavy reliance on cash. It noted that the cash-related policies previously issued in response to evolving circumstances were aimed at reducing cash usage and promoting the adoption of electronic payment channels. However, with time, the need to streamline and update these provisions to reflect present-day realities became necessary. Effective January 1, 2026, the circular announced...