*As one governor, one minister, 21 organisations set to receives WorldStage Economic Summit Awards For Outstanding Economic Impacts in 2025 The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has confirmed his participation in the WorldStage Economic Summit 2025 which will hold this Friday, November 21, 2025 at The Event…
Armed bandits have imposed illegal taxes on several rural communities in Tsafe Local Government Area of Zamfara State, residents say, worsening fears about insecurity in the northwestern state. In Danjibga town, local sources told Bakatsine that bandits demanded N8 million from the community. Of this, N4 million was allegedly meant as compensation for two motorcycles…
Abia governor, Dr. Alex Otti The board and management of Abia Hotels Limited have petitioned Abia state Commissioner of Police and the State Director of Department of State Services (DSS) over the revocation of property and sealing of the Abia Hotel Limited. The petition, signed by the managing director of the hotel, Dr. Patrick Ezenwaka,…
The African Democratic Congress (ADC) has condemned the federal government’s fresh N1.15 trillion in domestic borrowing, accusing President Bola Ahmed Tinubu of policy inconsistency and fiscal recklessness. In a statement signed by the party’s National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC noted that despite Tinubu’s public claim that Nigeria had met its non-oil revenue…
From left: UNICEF Chief of Education Nigeria, Vanessa Lee, Country Director British Council Nigeria, Donna McGowan, Minister of Education, Dr. Tunji Alausa, Minister of State for Education, Professor Suwaiba Said Ahmad and Director English Programmes, Sub-Sahara Africa, British Council, Julian Parry, during the Language in Education International Conference 2025 organised by British Council in Abuja…
The federal government has ordered the suspension of the planned 15% import duty on imported Premium Motor Spirit (PMS) otherwise known as petrol and Diesel. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Director, Public Affairs Department, George Ene-Ita, made this known in a statement on Thursday. Ene-Ita said; “It should also be noted…
As Nigeria’s new tax reform reshapes Value Added Tax (VAT) policies, here’s what it really means for everyday citizens, entrepreneurs, and the cost of doing business. As of January 1, 2026, the new tax reform laws will take effect, and Nigerians may experience some financial relief. Although the tax reform has generated both positive and…
The Senate has directed the Nigerian National Petroleum Company Limited (NNPCL) to refund N210 trillion to the Federation Account after rejecting the company’s explanations regarding the missing funds. The resolution followed weeks of investigation by the Senate Committee on Public Accounts, chaired by Senator Aliyu Wadada, which had been probing the oil company’s financial statements…
Nigeria has long aspired to build a strong industrial base that can drive growth, create decent jobs and reduce dependence on foreign expertise. The goal has been to create a self-reliant economy where Nigerians not only extract raw resources, but also develop, manufacture, and manage the industries that shape national prosperity. If the economic history…
Wale Edun, Minister of Finance, Coordinating Economy The federal government has announced that the new tax regime will officially take effect in January 2026. This follows President Bola Ahmed Tinubu’s signing of four major tax reform bills into law on June 26, 2025. The four laws include the Nigeria Tax Act (NTA), Nigeria Tax Administration…
