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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.
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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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Lagos Police Invite Pastor Over Rape Allegations

Lagos police have invited Pastor Chris Okafor for questioning over rape allegations, ordering a full investigation and promising confidentiality, due process and protection for complainants.
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Abia Oil Community Protests Neglect, Installs Interim Leadership

Residents of the Igiriuku oil community in Abia State say years of neglect persist despite crude production, prompting protests and the installation of an interim leadership.
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Trump Says One-Third of Nigerian Immigrant Use U.S. Welfare

Trump says Nigerian immigrant welfare data shows one-third of households use public benefits, as tighter visa rules and immigration enforcement reshape U.S. policy.
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Tinubu Nominates Magnus Abe as Upstream Regulator Chairman

President Tinubu names Magnus Abe to lead the upstream petroleum regulator, seeking Senate approval for new boards under Nigeria’s reformed oil sector.
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CIG Motors Dismisses Director, Refers Case to EFCC

CIG Motors has dismissed an executive director and referred alleged misconduct to the EFCC, while the former official disputes the company’s account of his exit
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Lagos Weighs N7Bn Oworonshoki Jetty Project

Lagos State plans a N7bn jetty and housing scheme at Oworonshoki as officials argue infrastructure offers deeper economic value than short-term relief
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Nigerian Stocks Gain N2.05 Trillion As Year-End Rally Sustains Momentum

NGX ended 2025 on a high, gaining N2.05 trillion as investors flocked to banking, ICT, and consumer goods stocks.
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Manufacturers Seek Refinancing Facility And Policy Support To Boost 2026 Output

Nigeria’s manufacturers push for low-cost refinancing, policy reforms, and targeted support to revive industrial output and competitiveness in 2026.
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Nigeria’s Mining Revenue Rises to N70bn As Reforms Begin To Pay Off

Nigeria’s mining sector recorded a sharp revenue rise in 2025 as reforms, enforcement, and new investments reshape the industry.
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Explaining Nigeria’s New Tax Laws And What Changes In 2026

Nigeria’s new tax laws take effect in 2026, reshaping income tax, business levies, bank transfers, and compliance nationwide.
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Tinubu Meets Rwanda’s Kagame in Paris

KEY POINTS President Bola Tinubu held a private lunch meeting with Rwandan President Paul...
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Anthony Joshua Breaks Silence After Crash That Killed Two Close Friends

KEY POINTS Anthony Joshua paid tribute to Sina Ghami and Latif Ayodele after a...
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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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