Nigerian banks have notified customers of a new N50 stamp duty on electronic transfers of N10,000 and above, effective January 1, 2026. The charge is payable by the sender. Learn the details and exemptions.
NNPC Limited remitted N12.117 trillion to the Federation Account in ten months, reporting strong revenue and profit growth. Oil production held steady as key gas pipeline projects near completion.
Nigerian students plan nationwide protests on January 14, 2026, against new tax laws. The action follows court rulings and unresolved discrepancies in the gazetted legislation.
Federal Government dismisses claims of monitoring personal bank accounts for tax. Small businesses under ₦12m turnover are exempt. Experts advise clear transaction descriptions.
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A Federal High Court in Abuja has dismissed a legal challenge seeking to halt Nigeria's new tax regime, clearing the way for implementation from January 1, 2026. Read the full ruling details.
Deputy Speaker Benjamin Kalu launches a N1 billion intervention fund for 2,000 Abia SMEs. He also invites Governor Alex Otti to join the APC for re-election support. Read the full details.
The Joint Tax Board has launched a unified portal for Nigerians to retrieve their Tax Identification Number digitally using NIN or CAC details. Follow our step-by-step guide to access your 13-digit Tax ID from January 1, 2026.
The Federal Government has reopened the YEIDEP Batch B portal, offering non-repayable grants up to ₦500,000 for young Nigerian entrepreneurs. Learn eligibility, steps, and tips to apply successfully.
An Abuja High Court has dismissed a suit to halt Nigeria's new tax regime, allowing implementation from Jan 1, 2026. Northern groups and Femi Falana allege discrepancies in the laws.
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Chapel Hill Denham's Creative Catalyst programme tackles the funding and business support gap in Nigeria's creative sector, attracting 543 applicants and backing projects like 'Gingerrr'. Discover how it fuels economic transformation.
Despite insecurity and a tough economy, the Nigerian stock market surged in 2025, generating N37 trillion in capital gains for investors. The NGX All-Share Index rose 51.2%. Read the full analysis.
The Trade Union Congress warns that poverty and austerity policies are pushing workers to the brink. TUC President Festus Osifo demands urgent, people-centred government action.
NNPC Ltd announces N4.36 trillion revenue and N502 billion profit for November 2025, driven by increased oil production. Discover the full financial and operational breakdown.
Former NANTA President Olusoji Amusan criticizes Nigeria's aviation sector for failing to boost tourism in 2025, citing weak support for airlines like Air Peace. Read the full analysis.
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A Nigerian man's viral tweet reveals ₦46.9M credited to his account in 2025, sparking fears of a huge 2026 tax bill. See the shocking figures and public reaction.
A new report reveals Africa's green industrialisation is accelerating, driven by renewable energy and critical minerals. Discover how this shift is redefining the continent's economic outlook and attracting global investment.
Enough is Enough Nigeria urges the Federal Government to delay implementing new tax reforms, citing governance, transparency, and public trust deficits. Key demands include civic education and disclosure of FIRS-France MoU.
PETROAN projects 850,000 bpd from new refineries but slams N11.35tr waste on state plants. Read the 2026 outlook for Nigeria's oil sector.
A Nigerian man's viral tweet sparks reactions as he warns that the first tax deduction under new rules will hit citizens hard. See the public's mixed responses.
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Mutual Benefits Assurance Plc paid N35.3 billion in claims by September 2025, a record high. The payout shows strong commitment to policyholders amid economic challenges. Read the full breakdown.
Maritime stakeholders warn that a new tariff hike approved by the Nigerian Shippers' Council will make doing business at Nigerian ports 55% costlier than other West African ports, contradicting government's cost-reduction goals.
A new era begins as the Nigeria Revenue Service (NRS) officially replaces the FIRS. Discover the goals of the new tax regime and what it means for Nigeria's economy.
A passenger boat accident in Lagos has left six dead and four rescued. Authorities are searching for missing persons after the vessel hit a submerged object. Read the latest updates.
Egbin Power Plc reaffirms its commitment to inclusive development through its annual football tournament, a key PCSR initiative empowering youth and strengthening community bonds in its host areas. Discover how the GenCo is investing in sustainable growth
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Nigerian travel firm Time to Fly opens registration for its 2026 Holy Land Experience pilgrimage to Israel & Jordan from March 17-26. Led by Dr. Ajibola Mary JP. Register now!
Bluebulb, a cross-border payments fintech, has won the Finance Excellence Award at the 2025 PBN Awards. The award recognises its work in removing barriers for African businesses in global trade. Read more about this achievement.
A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.
Aisha Isah Yelwa, a petty trader from Lapai, Niger State, displayed remarkable integrity by returning N330 million mistakenly sent to her First Bank account. Read her inspiring story.
Heirs Energies, led by Tony Elumelu, has acquired a 20.07% stake in Seplat Energy for $500 million. The deal, backed by Afreximbank, marks a major shift towards indigenous ownership in Nigeria's energy sector. Read the full story.
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Governor Douye Diri asks Bayelsa residents for understanding as the 60MW independent power project faces delays but is over 90% complete. Target inauguration set for February anniversary.
