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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.
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

Blackout as National Grid Collapses Again

The national grid collapse plunges parts of Nigeria into darkness, highlighting ongoing issues in the power sector.
Business

Nigeria Advances $1 Billion Sale of Five Power Plants

Nigeria is finalizing the sale of five key power plants in a $1.15 billion deal to enhance its energy sector and economic growth.
News

Nigeria Cuts Electricity Subsidy to N1 Trillion, Increases Tariffs

Nigeria reduces electricity subsidy from N3 trillion to N1 trillion by increasing tariffs, aiming to improve economic stability and energy affordability.

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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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