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Economic Growth Nigeria

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.

Nigeria Seeks $50 Million World Bank Loan for Solar Projects

Nigeria seeks a $50 million World Bank loan to support solar projects and roll out 3.5 million prepaid meters, aiming to enhance power distribution and economic growth.

Nigeria Secures ¥15 Billion Japanese Grant for Agriculture Boost

The Nigerian government has secured a ¥15 billion grant from the Japanese International Cooperation Agency (JICA), earmarked for the National Agricultural scheme, aiming to enhance the agricultural sector's growth and sustainability.

FG Vows to Boost SMEs, Calls Them Economy’s Lifeblood

The federal government has vowed to implement policies that will enhance Small and Medium...

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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.

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.