Tinubu Explains Hidden Benefits of New 2026 Tax Laws
President Bola Tinubu assures Nigerians the 2026 tax regime will ease burdens on the poor and small businesses, exempting essentials like food and medicine. Discover the full details.
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VW Stops Production at Historic German Factory
Volkswagen halts production at its Dresden 'Transparent Factory,' marking the first German plant closure in its 88-year history. The site will pivot to AI and chip research. Read more.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
EU to Scrap 2035 Combustion-Engine Car Ban
The EU is poised to abandon its 2035 ban on new petrol and diesel cars, replacing it with a 90% emission cut target. This major shift aims to support Europe's carmakers facing Chinese competition and slow EV adoption.
FAAC Revenue Falls by N428bn, N1.93trn Shared
FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.
Nigeria's Energy Transition Must Reflect National Realities - FG
The Federal Government insists Nigeria's shift to a low-carbon economy must consider its economic dependence on oil. The NCCC launched a new Climate-Smart EV Recharge Hub in Abuja as a model for local action.
Nigerian Varsity Tops Africa's Energy Innovation Challenge
Joseph Sarwuan Tarka University's Energiv project wins Schneider Electric's 2025 Battery Innovation Challenge. Discover how African students are powering the continent's sustainable energy future.
Govt Cuts Corporate Tax, Offers N3.4trn Relief to Businesses
The Federal Government has announced major fiscal reforms, cutting corporate income tax to 25% and offering N3.4 trillion in VAT relief to stimulate investment and support the private sector. Read more.
Aviation Experts Warn of Job Losses from 2026 Tax Reforms
Nigerian aviation experts warn new tax reforms from January 2026 could slash sector GDP by 20% and cut 30% of jobs. Learn the risks and calls for government intervention.
Obi Condemns Tinubu's Luxury Vehicle Distribution
Peter Obi criticises President Tinubu's distribution of luxury vehicles for 2027 election mobilisation as 'profound insensitivity' amid Nigeria's economic hardship. Read the full details.
JoJo Siwa's Colourful Car Collection Revealed
Explore JoJo Siwa's vibrant car collection, from a custom BMW to a Lamborghini Urus. See how her personality shines through each unique vehicle. Read more!
Patrick Mahomes' $1.5 Million Luxury Car Collection
Explore Kansas City Chiefs QB Patrick Mahomes' jaw-dropping $1.5 million car collection, featuring a Ferrari 812 Superfast, Lamborghini Urus, and Rolls-Royce Cullinan. See the full list of his luxury vehicles.
Trump Rolls Back Biden's Car Mileage Standards
President Trump overturns Biden's fuel-economy rules, claiming it will lower car prices. Critics warn it will worsen climate change and increase fuel costs for drivers.
REVOO Electric Motorcycles Launch in Nigeria
Transsion's REVOO brand launches 4 electric motorcycle models in Lagos, promising lower costs and eco-friendly rides. Discover the A11, A12, C32 & E52 specs.
Why Rare Earth Metals Are Crucial for Tech and Energy
Discover how 'rare earth' metals from China power everything from smartphones to fighter jets. As the EU plans to boost production, learn why these elements are a global strategic chip.
240 Electric Tricycles Deployed to 12 Nigerian Universities
The Federal Government has launched 240 solar-powered electric tricycles across 12 universities in Nigeria to aid student transportation. Find out which institutions benefited.
Tesla Sets New Sales Record in Norway
Tesla's sales surge 34.6% in Norway, setting a new annual record, while facing a sharp decline across the EU. Read about the factors driving this Nordic success story.
Manufacturing Tops Nigeria's VAT Revenue in H1 2025
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
Canada Cuts 2026 Study Permits, New Rules for Nigerians
Canada announces major immigration changes for 2026, reducing study permits to 408,000. Masters, PhD & school students exempt from key letter. Details on new route for Nigerians inside.
Seyi Vibez Net Worth 2025: $2 Million Revealed
Discover how Seyi Vibez built his $2 million net worth in 2025 through music streams, sold-out shows, and brand deals. Learn about his income sources and luxury assets.
China's Flying Car Industry Takes Off with EV Tech
China leverages electric vehicle expertise to lead flying car revolution. Learn how EV technology and government support position China ahead in the $41 billion low-altitude economy race.
FG Distributes 4,000 Electric Tricycles to Youths
President Tinubu unveils 4,000 electric tricycles & motorcycles to slash transport costs by 40%, boost youth employment, and reduce carbon emissions in Nigeria. Read more.
Tinubu launches electric tricycle youth empowerment scheme
President Bola Tinubu has unveiled the Electric Tricycle Empowerment Initiative to cut transport costs by 40%, create jobs, and promote clean energy for Nigerian youth. Discover how this scheme boosts green mobility.
98% of Nigerian Workers Exempt from Income Tax by 2026
Tax reforms chairman Taiwo Oyedele reveals 98% of Nigerian workers will be exempt from personal income tax starting January 2026. Small businesses also get VAT relief. Learn how this affects you!
98% of Nigerian Workers Exempt from Income Tax
Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.
VAT hits N2.06 trillion in Q2 2025, 7th consecutive rise
Nigeria's VAT collections surge to N2.06 trillion in Q2 2025, recording seventh consecutive quarterly growth since economic reforms. Manufacturing leads sectoral contributions with 27.19% share.
VAT collections hit N2.06tr in Q2, 7th consecutive rise
Nigeria's VAT revenue surges to N2.06 trillion in Q2 2025, marking a 32.15% year-on-year increase and the seventh consecutive quarterly rise since economic reforms began.
FG Clarifies Tax Law Misconceptions for 2026
Federal Government clarifies misconceptions about new 2026 tax reforms. Most Nigerians will pay less or no tax. VAT removed from food, education, healthcare.
New Electric Car Assembly Plant Opens in Imo State
EF Motors partners with Chinese firm to assemble 100,000 electric vehicles by 2028, creating 5,000 jobs and competing with Innoson Motors in Nigeria's growing EV market.
FG Commends Schneider Electric on Power Sector Reforms
Federal Government applauds Schneider Electric's 25-year contribution to Nigeria's power sector through energy efficiency and digital automation. Discover how this partnership drives sustainable growth.
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