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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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Transport Fares Rise in October as Okada Costs Surge

Transport fares rose across Nigeria in October, led by sharp increases in motorcycle travel, as inflationary pressures continue to strain household budgets.
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INEC Sets February 21 for Rivers Bye Elections

KEY POINTS • INEC schedules Rivers State bye elections for February 21, 2026• Vacancies arose...
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Rivers Lawmakers Loyal to Wike Defect to APC in Major Shake Up

KEY POINTS • Two Rivers senators defect from PDP to APC during Senate plenary• Six...
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Economic Hardship Debate Deepens As Radda Says FG Controls 52% Of Federation Revenue

Governor Dikko Radda says the Federal Government controls most federation revenue and should share responsibility for Nigeria’s economic hardship.
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NBA, Atiku Call For Suspension Of New Tax Laws Over Alleged Gazette Alterations

The NBA and Atiku Abubakar are demanding suspension of Nigeria’s new tax laws over alleged post-passage alterations.
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Nigeria Records 153 Measles Deaths In 11 Months, Over 19,000 Cases Confirmed

Nigeria has recorded 153 measles deaths in 11 months, with over 19,000 confirmed cases, mostly among unvaccinated children.
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CBN’s Global Investor Push Boosts Nigeria’s Economic Confidence

Nigeria’s CBN promotes reforms, policy stability, and market transparency to global investors, driving Eurobond demand and renewed confidence in the economy.
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Nigeria Lawmakers Approve Revised 2024 and 2025 Budgets

Nigeria’s House of Representatives approved revised 2024 and 2025 budgets, raising spending levels as the government adjusts to revenue limits and execution challenges.
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Makinde Says He Is Qualified to Lead Nigeria

Oyo Governor Seyi Makinde says his record in governance and business qualifies him for Nigeria’s presidency as 2027 political talks intensify.
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Nigeria Clears China of Role in Illegal Mining Claims

Nigeria’s government says illegal mining in Nigeria is driven by local actors, not China, as authorities outline reforms to tighten oversight and protect mining communities.
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Nigeria Leads Africa as Instant Payments Near $2 Trillion Milestone

Nigeria’s instant payments platform has set the pace in Africa, as digital transactions across the continent surge toward the $2 trillion mark.
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Lagos Governor Sanwo-Olu Swears in Speaker Obasa’s Son as Agege Chairman

KEY POINTS • Sanwo Olu urged the new Agege chairman to govern inclusively and avoid...
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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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