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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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Abdul Samad Rabiu Builds ₦350 Million Lecture Theatre for Adamawa State University

Abdul Samad Rabiu donates a ₦350 million lecture theatre to Adamawa State University, expanding his education support in Nigeria.
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Court Ruling Triggers New War in PDP Over 2027 Election Plans

PDP factions clash after court halts convention, deepening divisions as rival groups suspend leaders ahead of 2027 elections.
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First HoldCo Reports $1.7 Billion in Gross Earnings Under Otedola’s Leadership

First HoldCo, led by Femi Otedola, reports $1.7 billion in nine-month earnings as reforms strengthen assets and equity.
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Nigeria Recovers 90 Mining Sites, Generates N28 Billion in 2024

Nigeria recovered 90 mining sites and generated N28 billion in 2024, signalling a stronger policy focus on mining sector revenue and reform
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Delta Air Lines Launches Atlanta–Marrakech Route Expansion

Delta Air Lines opens a nonstop Atlanta–Marrakech route, expanding US–Africa connectivity and boosting tourism and trade between Morocco and the United States.
Business

Nigeria Secures $500 Million for Solar Manufacturing

Nigeria secures $500 million to boost solar manufacturing, aiming to expand renewable capacity and export locally made panels across Africa
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Fuel Tax Won’t Begin Until Naira Strengthens or Oil Price Falls — Oyedele

Oyedele says Nigeria will delay 5% fuel surcharge until naira appreciates or oil prices drop to avoid price hikes.
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Military Arrests 15 More Officers Over Alleged Coup Plot in Nigeria

Nigeria’s military detains 15 more officers over an alleged coup plot, with investigators linking funds to a former governor and minister.
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House Launches Probe Into Tax Deductions and Bank Charges

The House launches a probe into excessive tax deductions and bank charges as lawmakers move to ensure fairness in Nigeria’s financial system.
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Soludo’s Reward Promise Meant To Boost Voter Turnout, Not Buy Votes — Anambra Govt

Anambra government says Soludo’s reward plan for APGA canvassers aims to fight voter apathy, not buy votes.
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Adeleke Confident Of Re-election In 2026 Osun Governorship Race

Governor Ademola Adeleke says he’s confident of winning re-election in 2026, citing performance and widespread support in Osun State.
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Oando Profit Soars 164% to ₦210 Billion

Nigeria’s Oando plc recorded a 164 percent profit increase to ₦210 billion in nine months, powered by upstream growth.
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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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