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.
In a surprising turn of events, former Benue State Governor Samuel Ortom urged Yahaya Bello, the immediate past governor of Kogi State, to surrender himself to the Economic and Financial Crimes Commission (EFCC) amid ongoing corruption investigations. Ortom's statement comes after Bello's recent absence from court hearings related to the EFCC probe.
Lagos Governor Babajide Sanwo-Olu and Senator Adetokunbo Abiru are advocating for the urgent dualization of the Ikorodu-Itokin Road, a vital artery for economic activity in the region. The road's rehabilitation and planned dualization are expected to significantly improve traffic flow and boost economic growth in Lagos State and beyond.
Nigerian Works Minister David Umahi defends the Lagos-Calabar Coastal Highway project, calling critics who question its funding and economic viability "unpatriotic." The project is expected to improve connectivity between Nigeria's economic hubs and boost national growth.
Nigerian lawyer Mike Ozekhome has distanced himself from a fabricated social media post that claimed he criticized the EFCC's pursuit of corruption charges against Kogi State Governor Yahaya Bello. Ozekhome called the statement "a lie from the pit of hell.
Nigerian officials are working together to tackle oil theft and pipeline vandalism in the Niger Delta, hoping to boost oil production and strengthen the country's economy.
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.
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 is introducing Nigeria’s first automated fuel stations, enabling 24-hour self-service fueling and digital payments through locally developed technology.