New Tax Law Shifts ₦50 Transfer Charge to Senders from January 1, 2026

New Tax Law Shifts ₦50 Transfer Charge to Senders from...

Nigerian banks will begin charging a ₦50 stamp duty on electronic transfers of ₦10,000 and above from January 1, 2026,...

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December 31, 2025
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Solid Minerals Revenue Jumps Sharply Under Tinubu, Hits ₦58bn in...

Revenue from Nigeria’s solid minerals sector has grown sharply under President Bola Ahmed Tinubu, rising from just ₦6 billion in...

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December 31, 2025
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Otedola Offloads Geregu Power Shares in Landmark N1 Trillion Deal

Nigerian businessman, Femi Otedola has sold his controlling stake in Geregu Power Plc in a transaction valued at approximately...

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December 30, 2025
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business

With 100 Days to Recapitalisation Deadline, 16 Banks Meet Capital...

With 100 Days to Recapitalisation Deadline, 16 Banks Meet Capital Thresholds ‎With just 100 days before the...

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December 29, 2025
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Onyema Says Nigerians Pay Some of the Lowest Domestic Airfares...

The Chairman and Chief Executive Officer of Air Peace, Allen Onyema, has insisted that Nigerians are currently paying some...

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December 28, 2025
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Power Generation Rises Nationwide After Restoration of Lagos–Escravos Gas Pipeline

Electricity generation across Nigeria has recorded noticeable improvement following the successful repair of the vandalised Lagos–Escravos gas supply line, the...

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December 27, 2025
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CBN Orders Banks to Introduce Multi-Factor Authentication for Foreign Card...

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to introduce multi-factor authentication (MFA) for...

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December 21, 2025
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Private Depot Owners Slash Petrol Price from ₦828 to ₦710...

Following a significant price reduction by the Dangote Petroleum Refinery, private petroleum depot owners across Nigeria have begun slashing...

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December 16, 2025
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Oil and Gas Free Zones Authority Seeks 10-Year Tax Moratorium...

The Oil and Gas Free Zones Authority (OGFZA) has formally requested a 10-year tax exemption for companies operating within...

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December 14, 2025
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Johnvents Group Celebrates Global Growth as Ondo Government Reaffirms Support

Johnvents Group, one of Nigeria’s leading indigenous agribusiness and manufacturing conglomerates, marked a remarkable year of growth and international...

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December 14, 2025
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