NOA to Drive Public Tax Law Education Before 2026
National Orientation Agency partners with tax committee to educate Nigerians about new Tax Act benefits starting January 2026. Learn how this affects you and combat misinformation.
Category : Search result: CBN Act
Watchdog Defends PIA Implementation Against ₦1 Trillion Claim
Niger Delta accountability network refutes House Committee claims, says Petroleum Industry Act implementation is on track and bringing stability to oil sector. Read full details.
$2bn Power Investments Flow into Nigeria After Reforms
Nigeria attracts over $2 billion in energy investments due to Electricity Act 2023 reforms. Minister Adelabu reveals decentralized power market driving investor confidence nationwide.
FCTA Enforces 1,095 Abuja Property Title Revocations
The FCT Administration has begun enforcement on 1,095 revoked property titles in highbrow Abuja districts. Owners failed to settle ground rent and other statutory payments despite repeated notices.
Senate Amends Terrorism Act to Fight Kidnapping
Nigeria's Senate begins process to amend Terrorism Act, classifying kidnapping as terrorism with death penalty. Committee investigates Safe School Initiative amid rising abductions.
EU Could Fine Elon Musk's X Platform by 2025 End
The European Union may impose a fine on Elon Musk's X platform for violating digital content rules by end of 2025. Discover how this landmark case tests EU's tech regulation power.
SEC Sets January 2026 Deadline for ISA Compliance
Nigeria's SEC mandates all capital market operators to declare ISA 2025 compliance and register tradable instruments by January 2026. Dr. Agama announces new era for market transparency.
Senate Approves Death Penalty for Kidnapping
Nigerian Senate classifies kidnapping as terrorism, imposing mandatory death penalty. Recent abductions in Kano, Niger, Kwara, and Kebbi states highlight urgent security crisis.
Nigeria Stock Market Falls After CBN MPC Meeting
Nigerian stock market declined 0.49% Wednesday as investors reacted to CBN's decision to maintain 27% MPR. Market capitalization lost N444 billion. Read full analysis.
Senate Recommends Death Penalty for Kidnappers
Nigeria's Senate classifies kidnapping as terrorism, mandates death penalty for convicts. Read how this new resolution aims to combat rising insecurity.
Nigeria FX Market Reaches $500m Daily Turnover
CBN Governor Cardoso reveals Nigeria's FX market now records $500m daily turnover without central bank intervention, marking a new era of transparency and stability.
EU Targets Shein Over Childlike Sex Dolls
European Union intensifies pressure on Shein following French uproar over childlike sex dolls sale. Platform faces suspension threat as EU investigates systemic consumer risks.
Doctor Helps Boy Reading Under Streetlight, Video Goes Viral
A Nigerian doctor's heartwarming encounter with a boy studying under a flickering streetlight has gone viral on TikTok. Discover how a simple act of kindness inspired thousands online.
EU Lawmakers Seek Easier Suspension of Shopping Platforms
EU lawmakers call for easier suspension of e-commerce platforms like Shein following outrage in France over the sale of childlike sex dolls. A court will hear the case on December 5.
Naira Strengthens to N1,441/$ Amid CBN Policy Hold
Naira appreciates to N1,441/$ following CBN's decision to maintain MPR at 27%. Analysis of monetary policy impacts on currency stability and inflation control. Read more.
N1.6trn Niger Delta cleanup funds lost - Reps
House Committee reveals Nigeria lost N1.6 trillion in Niger Delta cleanup funds due to PIA non-implementation. Environmental crisis worsens as communities suffer.
N850bn PIA Environmental Funds Not Implemented - Reps
House Committee warns of deepening ecological devastation in Niger Delta as Petroleum Industry Act environmental funds remain unimplemented four years after passage. Urgent action needed.
N1.65trn PIA Funds Denied to Niger Delta
House Committee exposes how Niger Delta lost N1.65 trillion in environmental cleanup funds due to PIA implementation failures. Lawmakers demand immediate action.
Reps query non-implementation of PIA environmental funds
House of Representatives committee warns of deepening ecological crisis in Niger Delta as ₦1.65 trillion environmental funds remain unimplemented four years after PIA enactment. Urgent action needed.
CBN Retains 27% Interest Rate to Combat Inflation
Nigeria's Central Bank maintains Monetary Policy Rate at 27% to stabilize prices. MPC keeps tight monetary stance as inflation shows signs of easing. Full details inside.
CBN Retains MPR at 27%, Delays Loan Rate Cuts
Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.
Nigeria's Money Supply Jumps to N117.8 Trillion
Nigeria's money supply surged by 75.9% to N117.78 trillion in two years, CBN data reveals. Experts warn this could trigger inflation if it outpaces economic productivity.
Naira Exchange Rate: CBN Sets N1,453/$ Amid $250M Injection
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
CBN to ban serial bounced cheque issuers for 5 years
CBN proposes 5-year ban for serial dud cheque offenders to restore confidence in Nigeria's payment system. Stakeholders have 3 weeks for feedback.
Nigerian sentenced for $290K COVID-19 fraud in US
Temitope Bashua, 29-year-old Nigerian, sentenced to 30 months in US prison for $290,000 COVID-19 relief fraud scheme. Learn details of the case and consequences.
CBN Proposes 5-Year Ban for Dud Cheque Offenders
Nigeria's Central Bank plans five-year banking restrictions for customers issuing bounced cheques three times. Banks face heavy fines for non-compliance. Read details.
Rivers revokes land for waste disposal facility
Rivers State Government acquires 65,757.74m² land in Igwuruta for REWAMA waste disposal project under public interest. Read details on the Land Use Act invocation.
Senate Confronts Nigeria's Health Funding Gap
Senate President Godswill Akpabio warns Nigeria's health funding falls critically short of commitments. The Senate moves to pass key bills, including doubling the Basic Healthcare Provision Fund, to tackle systemic crises.
UK Rejects Nigeria's Request for Ekweremadu
The UK government has refused Nigeria's request to deport former Senator Ike Ekweremadu, who is serving a prison sentence for organ trafficking. Learn the details of this landmark case.
New Nigerian Tax Guide: Register, Pay via Approved Channels
Learn the new digitised tax process for Nigerian businesses. Register on TaxPro-Max, generate assessments, and pay via approved channels like Flutterwave and Remita. All funds go to CBN.
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