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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.

Ortom Calls on Bello to Face EFCC Investigation

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 and Senator Push for Ikorodu-Itokin Road Dualization

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.

Diesel Prices Remain Steady Despite Dangote’s Cuts

Despite recent price cuts by Dangote Group, diesel prices in Nigeria have yet to...

Nigerian Minister Defends Lagos-Calabar Highway Project

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.

Federal Government Plans to Offload Banks’ Managed Discos

In a move aimed at restructuring Nigeria's energy sector, the federal government has announced...

Nigerian Lawyer Ozekhome Denies Defending Governor Bello

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.

Nigeria Seeks Stronger Manufacturing Ties with South Korea

In a bid to bolster Nigeria's manufacturing sector, prominent Nigerian politician Bola Tinubu has...

Nigeria Issues N8 Trillion in Treasury Bills to Boost Economy

In a bid to bolster the country's economy, Nigeria has issued a staggering N8...

Nigerian Officials Vow to Crack Down on Oil Theft in Niger Delta

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.

Naira Gains Put Spotlight on Petrodollar Inflow

In a striking turn of events, Nigeria's currency, the naira, has experienced a noteworthy...

Nigeria Plunged into Darkness Again as National Grid Collapses

Latest grid collapse leaves Nigeria in darkness, exacerbating energy woes.

Stronger Naira Fails to Alleviate Food Insecurity Woes

Despite the recent strengthening of Nigeria's currency, the Naira, against the US dollar, many...

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.