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Nigeria’s New Tax Regime Spares Bank Balances, says CITN

Nigeria’s new tax regime does not tax bank balances, applying only limited stamp duty on transfers while expanding protections for low-income earners, officials say.
News

US Will Require Nigerians to Post Visa Bonds

The US plans to require some Nigerian B1/B2 visa applicants to post bonds of up to $15,000 under new travel restrictions starting 2026.

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Business

Nigeria, Brazil Deepen Economic Ties with Focus on Energy, Aviation

KEY POINTS Nigeria and Brazil are advancing partnerships in energy, aviation, and agriculture, with...
Business

Court Rules Out Naira Redesign Suit Against Buhari, Emefiele

A ₦1bn suit against Buhari and Emefiele over the naira redesign policy has been struck out after the plaintiff failed to appear in court.
Business

Tribunal Upholds $220 Million Fine on Meta and WhatsApp

The Nigerian tribunal confirmed a $220 million fine on Meta and WhatsApp for consumer law violations.
Business

Forensic Audit Set for NNPCL, Says Finance Minister Edun

Finance Minister Wale Edun announces a forensic audit of NNPCL, aligning with reforms aimed at boosting investor confidence and economic growth.
Business

World Bank Appoints Aliko Dangote to Global Investment Lab for Emerging Economies

KEY POINTS Aliko Dangote has been appointed to the World Bank’s Private Sector Investment...
Business

Protesters Demand Probe Into Ex-NNPCL Boss Kyari’s Tenure

Protesters stormed the AGF’s office demanding an investigation into Mele Kyari’s tenure at NNPCL, focusing on alleged corruption and a $2 billion debt.
Business

NNPC Announces Petrol Price Reduction Across Major Nigerian Cities

KEY POINTS NNPC reduces petrol prices to N880/litre in Lagos and N935/litre in Abuja, marking the first...
Business

Dangote Price Slash Puts Fuel Marketers at Risk of N14bn Loss

Fuel importers may lose N13.9 billion monthly after Dangote’s petrol price drop forces prices below import landing cost
Business

Nigeria’s Emerging Tech Startups: The New Era of Innovation

Nigeria’s tech startup scene is booming, driven by sectors like fintech, e-commerce, health...
Business

Dangote Refinery Reduces Petrol Ex-Depot Price to ₦835 Per Litre

KEY POINTS Dangote Refinery has reduced the ex-depot price of petrol to ₦835 per...
Business

Reps Order Remita to Refund N182 billion Over TSA Discrepancies

The House of Representatives has ordered Remita to refund N182.77bn to the Federal Government following a forensic audit uncovering discrepancies in the TSA.
Business

Nigeria Needs More Actuaries to Strengthen Financial Sector

Nigeria faces a shortage of qualified actuaries. The FRC is addressing this gap by supporting educational initiatives to train 2,000 professionals.
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Business

Nigeria’s New Tax Regime Spares Bank Balances, says CITN

Nigeria’s new tax regime does not tax bank balances, applying only limited stamp duty on transfers while expanding protections for low-income earners, officials say.
News

US Will Require Nigerians to Post Visa Bonds

The US plans to require some Nigerian B1/B2 visa applicants to post bonds of up to $15,000 under new travel restrictions starting 2026.
News

Nigerian Court Grants Malami, Family ₦500 Million Bail

A Nigerian federal court granted Abdulaziz Malami and his family ₦500 million bail each, imposing strict conditions ahead of a February corruption trial.
Business

AA Rano Unveils Nigeria’s First Unmanned Fuel Stations

AA Rano is introducing Nigeria’s first automated fuel stations, enabling 24-hour self-service fueling and digital payments through locally developed technology.

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