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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.

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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Police Arrest 12 in Killing of Arise News Staff, Somtochukwu

Police have arrested 12 armed robbery suspects linked to the deaths of Arise News journalist Somtochukwu Maduagwu and a security guard in Abuja.

EFCC Seeks Stronger Ties With Media, CSOs to Fight Corruption

EFCC pledges stronger partnerships with journalists and civil groups to deepen transparency and reform Nigeria’s anti-corruption campaign.

NDIC Moves to Deepen CIBN Partnership on Banking Risks

NDIC and CIBN deepen partnership to build banking sector resilience through training, ethics, and innovation against emerging risks.

Nigeria’s World Cup Bid Strengthened After CAF Changes Rules

CAF’s revised qualification format revives Nigeria’s World Cup qualification hopes, giving the Super Eagles a crucial lifeline to reach 2026.

Naira Holds Steady as Dollar Trades Around ₦1,472 Amid Market Jitters

The dollar to naira exchange rate today steadies at ₦1,472, supported by improved liquidity and cautious CBN intervention.

Nigeria’s Deepening Poverty Crisis Sparks ADC Concern

139 million Nigerians now live in poverty despite Tinubu’s reforms; rural areas suffer highest deprivation.

Nigeria, COMAC in Talks to Boost Local Airline Fleet

Nigeria and COMAC move closer to an aircraft partnership that could transform local aviation through affordable fleet expansion and training initiatives.

Government Orders 30-Day Deadline for Unused TETFund Grants

Nigeria’s government has issued a 30-day ultimatum to universities and polytechnics to account for unused TETFund allocations or risk severe sanctions.

Tinubu Explains Choice of Amupitan as INEC Chairman

Tinubu defends appointing Prof. Sani Amupitan as INEC chairman, citing his integrity, legal expertise, and focus on electoral reform.

Nigeria Opens $400m Otakikpo Terminal to Boost Oil Exports

Nigeria commissions a $400 million Otakikpo terminal to expand crude exports, ease evacuation, and boost indigenous participation in the oil sector.

Immigration Officer Pays N2.5m Ransom Before Wife’s Rescue

Immigration officer pays N2.5m ransom before wife’s rescue in Badagry after joint Police and Immigration operation stormed kidnappers’ den.

Nigeria Alarmed as 4,000 Young Women Contract HIV Weekly

The AIDS Healthcare Foundation warns that over 4,000 young women contract HIV weekly, urging urgent action to expand healthcare and education access.

Latest articles

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.

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.

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.

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.