CBN: N50 Stamp Duty Is Government Tax, Not Bank Fee
The CBN has clarified that the N50 stamp duty charge is a federal government tax, not a bank fee. A consumer complaint committee has been set up to address banking issues.
The CBN has clarified that the N50 stamp duty charge is a federal government tax, not a bank fee. A consumer complaint committee has been set up to address banking issues.
The EFCC has arrested convicted former Power Minister Saleh Mamman, who went underground after a 75-year sentence for diverting N22 billion from hydroelectric projects.
CISLAC and HURIWA fault Nigeria's security architecture, citing corruption and poor coordination, and call for comprehensive reforms and sack of top officials.
Former President Goodluck Jonathan decries thuggery as a profession in Nigeria, noting thugs fly first class while professors can't afford economy tickets.
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RecommendedThe Academy of Medical Sciences, Nigeria, calls for urgent PPE stockpiling and infection control upgrades to prevent Ebola importation following outbreaks in DRC and Uganda.
Stakeholders link rising NCDs like diabetes and hypertension to excessive sugary drink consumption. CAPPA advocates for a higher tax on SSBs to curb the crisis.
A 40-year stakeholder calls on SERAP to probe Nigeria's FreeTV and Digital Switch Over, citing concerns over transparency, legality, and conflict of interest in the DSO process.
The Trade Union Congress of Nigeria has expelled 11 officers and suspended 15 others for violating NEC resolutions. Affected members from Lagos, Rivers, Enugu, and Bayelsa state councils.
ITUC-Africa attributes rising labour migration from Africa to inequality, austerity, insecurity, and governance failures, warning of deepening crisis.
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RecommendedFormer NRC managing director Fidet Edetanle asks Lagos court to quash EFCC fraud charges, arguing they duplicate forfeiture proceedings in Abuja. Court adjourns to July 3.
SCIAN calls for a National Rehabilitation Policy after WHO assessment reveals severe gaps in Nigeria's rehabilitation system for spinal cord injury survivors.
Resolve to Save Lives and Lagos State Government develop a roadmap to eliminate lead from cosmetics and consumer products to combat lead poisoning.
President Donald Trump, his family, and businesses have been granted immunity from IRS audits following a $10bn settlement, sparking fierce criticism and constitutional concerns.
The US unsealed an indictment against former Cuban President Raul Castro for the 1996 shoot-down of two civilian planes, killing four Americans.
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RecommendedA preacher at a Washington D.C. prayer event said God raised Donald Trump over 200 years to deliver a controversial White House ballroom project.
HURIWA calls on President Tinubu to sack top security officials including CDS and NSA over worsening insecurity, citing abductions and attacks across Nigeria.
NDLEA dismantles a major Nigerian-Mexican meth syndicate in Ogun, seizing 2.4 tons of meth worth N480 billion and arresting 10 suspects, including three Mexican experts.
UN-Habitat warns that 3.4 billion people worldwide lack secure, adequate housing, with over 1.1 billion in slums. The World Cities Report 2026 highlights affordability, displacement, and climate threats.
The Coalition of Northern Groups announced the death of its pioneer spokesperson, Alhaji Suleiman Abdulazeez, describing his passing as a major loss to Northern Nigeria and the country.
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RecommendedICPC Chairman Musa Adamu Aliyu warns that boardroom interference and weak governance are fueling corruption in federal agencies, urging preventive measures over arrests.
A settlement document reveals the U.S. government is permanently barred from examining Trump, his sons, and the Trump Organization's tax returns, resolving a $10 billion lawsuit.
The EFCC arrested former Power Minister Saleh Mamman after he was sentenced to 75 years for diverting N33.8 billion from hydropower projects.
The Anglican Diocese on the Coast in Ondo State calls for intensified efforts to combat insecurity, corruption, and poverty, urging government action on state police and economic reforms.
Prof. Babafemi Badejo, NBA Anti-Corruption Committee chairman, calls on lawyers to combat corruption, describing it as a pandemic weakening institutions and deepening inequality.
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RecommendedHURIWA demands a forensic audit of the Lagos-Calabar Coastal Highway, citing inflated costs of N7.5 billion per kilometre amid Nigeria's economic crisis.
A satirical cartoon highlights Nigeria's economic struggles, including inflation and unemployment, while calling for urgent reforms.
The federal government will deduct unremitted VAT and withholding tax directly from revenue due to states, LGs, and MDAs to enforce compliance and fiscal responsibility.
CBN's April 2026 survey reveals insecurity as the top business constraint, surpassing taxes and interest rates, with cautious optimism for economic recovery.
A civic group petitions Lagos Police Commissioner demanding a fresh, transparent forensic review into Mohbad's death, citing unresolved concerns and public distrust.
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RecommendedTransparent Watch Initiative commends NRS under Zacch Adedeji for strategic reforms, tax expansion, and improved compliance driving sustainable revenue growth.