Nigeria’s Value Added Tax collection has crossed a historic N1 trillion mark under a new sharing formula, while electricity customers are set to receive N20.33bn in meter refunds from distribution companies. The UK has imposed an emergency ban on study visas for nationals of four countries following a surge in asylum claims. In Rivers State, the House of Assembly has begun screening nine commissioner-nominees forwarded by Governor Siminalayi Fubara, and INEC has approved promotions for over 2,000 staff. On the metro front, an Ondo couple has been jailed 14 years for running a baby factory, and a man lost his life after collapsing during a morning jog in Rivers State. Here is a recap of the major stories making headlines this morning: 1. Tax law: VAT hits record N1tn as new sharing era...