Nigerian banks will commence the deduction of a ₦50 stamp duty on electronic transfers of ₦10,000 and above from January 1, 2026, in line with the implementation of the Tax Act. The development was communicated to customers through official notices issued by several financial institutions ahead of the policy’s...
Top News
President Bola Ahmed Tinubu has reaffirmed that Nigeria’s newly enacted tax laws will commence as scheduled, with the remaining provisions taking effect from January 1, 2026, despite ongoing public debate around some aspects of the reforms. In a statement issued on the implementation timeline, the President noted that the...
President Bola Ahmed Tinubu on Tuesday held a telephone conversation with Nigerian-British boxing icon and former heavyweight champion, Anthony Joshua, following the tragic road accident in Ogun State that left the boxer injured and claimed the lives of two of his associates. During the call, the President expressed his...
Ogun and Lagos state governments have confirmed that world-renowned heavyweight boxer Anthony Joshua and another passenger involved in a fatal road accident are in stable condition following thorough medical evaluations at a Lagos hospital. The assurance was contained in a joint statement issued by the Special Adviser to the...
Peoples Democratic Party (PDP) has criticized the Minister of the Federal Capital Territory, Nyesom Wike, following his end-of-year media chat, describing his political conduct as provocative, destabilising and fundamentally anti-party. During the interaction, Wike openly reaffirmed his support for the presumptive presidential candidate of the All Progressives Congress (APC),...
Federal Road Safety Corps (FRSC) has confirmed a fatal road traffic crash that occurred today Monday, 29 December 2025, along the Lagos–Ibadan Expressway, around the Sinoma area near Sagamu, Ogun State, involving a Lexus Jeep conveying world-renowned boxer, Anthony Joshua, and a stationary truck. Corps Public Education Officer, ACM...
President Bola Tinubu has approved the cancellation of a significant portion of the Nigerian National Petroleum Company Limited’s (NNPC Ltd) outstanding debts to the Federation Account, wiping off legacy obligations valued at about $1.42 billion, alongside trillions of naira in reconciled liabilities. The approval is contained in a document...
Federal Government has reassured investors, analysts and international partners that Nigeria remains peaceful, stable and firmly on course for economic growth, despite recent security operations carried out by the United States (US) military in parts of the country. In a statement addressing concerns over a joint Nigeria–United States security...
World heavyweight boxing champion, Anthony Joshua, was on Monday involved in a serious road accident at the Makun axis of Ogun State, an incident that claimed the lives of two people. The crash occurred along the busy Lagos–Ibadan Expressway while Joshua and others were reportedly travelling from Lagos to...
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has cautioned politicians against believing that joining the All Progressives Congress (APC) or openly declaring loyalty to President Bola Tinubu automatically secures a second-term ticket ahead of the 2027 elections. Wike gave the warning on Tuesday while addressing supporters during...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria’s governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike “over their failure to account for the spending of the N14trn fuel subsidy savings they collected from Federation Account Allocation Committee (FAAC) allocations, including...
FCT Minister, Nyesom Wike, has said he is the most abused politician in Nigeria after President Bola Ahmed Tinubu, as he announced that political activities in Rivers State will formally commence in January 2026. Wike made the remarks on Saturday while speaking at a thanksgiving service organised in honour...
Many commuters are feared dead after a suspected bomb explosion rocked the Yar’Tasha–Dansadau highway in Maru Local Government Area of Zamfara State on Saturday. The blast, said to have occurred in the afternoon, threw travellers into panic, forcing motorists and passengers to abandon their vehicles and flee the area...
Nigerian government through the Office of the National Security Adviser (ONSA), has announced the graduation of over 7,000 newly recruited Forest Guards drawn from seven frontline states, following the successful completion of an intensive three-month training programme under the Presidential Forest Guards Initiative launched by Bola Ahmed Tinubu, GCFR,...
President Bola Ahmed Tinubu on Saturday attended the Grand Finale of the week-long 2025 Eyo Festival, in a white robe, a damask sash slung over his shoulder, and a distinctive hat emblazoned with bold, decorative stars. Like other revellers, the President also carried a long staff called an opambata....
Federal Government has confirmed that the United States, in collaboration with Nigerian security forces, carried out precision airstrikes on Islamic State (ISIS) terrorist camps in Sokoto State, deploying 16 GPS-guided munitions during the operation. The Minister of Information and National Orientation, Mohammed Idris, disclosed this in a statement issued...
Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has renewed its call on the Federal Government to privatize Nigeria’s four state-owned refineries operated by the Nigerian National Petroleum Company Limited (NNPCL), urging that the process be transparently concluded by the first quarter of 2026. In a statement, PETROAN’s...
Tragedy has deepened following the inferno at the Great Nigeria Insurance building on Martin Street, Lagos Island, as three bodies have been recovered from the scene, three days after the incident. A casualty report issued by the Lagos State Emergency Management Agency (LASEMA) confirmed that the victims comprise one...
President Bola Tinubu has disclosed that four attack helicopters ordered from the United States will arrive in Nigeria soon, as the Federal Government intensifies efforts to tackle the country’s worsening security challenges. The President made the disclosure amid growing concerns over insecurity and insurgency, which have drawn international attention...
National Assembly has directed the re-gazetting of key tax legislation and the issuance of Certified True Copies to address observed discrepancies between enacted laws and the versions published in the official gazette. House spokesman Akin Rotimi and Clerk to the National Assembly, Kamoru Ogunlana, confirmed the decision in separate...