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…
The Nigerian Senate Tuesday set up a committee to conduct a full-scale investigation into the spendings on railway projects carried out by former President Muhammadu Buhari. This is coming on the heels of frequent derailments, vandalism and mechanical failures on the Itakpe–Warri standard gauge rail line. The committee which has Senators Adams Oshiomhole, Huseini Babaginda,…
Group Managing Director, Adebowale Oyedeji, FirstHoldCo By Chima Nwokoji FirstHoldCo Plc has sustained its growth momentum across core business segments, reporting a 17.1 percent year-on-year increase in gross earnings to N2.64 trillion for the nine months ended September 30, 2025, compared to N2.25 trillion in the corresponding period of 2024. According to the unaudited results…
Hundreds of angry protesters took over parts of Abuja on Saturday, demanding that the National Assembly immediately withdraw the controversial National Commission for the Decommissioning of Oil and Gas Installations (NC-DOGI) Bill, 2024. The demonstrators, carrying placards with inscriptions such as “Kill This Bill”, “Stop the Waste,” and “No More Feeding Bottles for Politicians,” accused…
First Bank of Nigeria Limited (FirstBank), Nigeria’s premier and leading financial inclusion services provider, has announced the launch of the Verve Flash Promo, a special initiative rewarding customers with free Verve cards. The campaign, which commenced on 6 October 2025, and will run until 30 January 2026, is exclusively targeted at FirstBank customers whose ATM…
The Dangote Petroleum Refinery has defended the government’s new tariff policy, describing it as a necessary measure to shield local industries from unfair foreign competition and product dumping. The Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, said in a statement that the refinery currently dispenses over 45 million litres of…
Chairman of Roni Local Government Area, Jigawa state, Hon Sati Shuwa, has set the Internet ablaze with his empowerment programme. Since some viral pictures surfaced online showing the Executive Chairman empowering his people with locally fabricated wheelbarrows and plenty of brand new water cans, netizens have reacted with different shades of opinion. The pictures showed…
President Bola Tinubu has appointed the Chairman of the Nigeria Governors’ Forum (NGF) and Kwara State Governor, AbdulRahman AbdulRazaq, as Chairman of the National Steering Committee for the Renewed Hope Ward Development Programme (RHWDP). The RHWDP is a flagship initiative aimed at accelerating economic activities, enhancing livelihoods, and strengthening social protection at the grassroots level….
The 2023 presidential candidate of the Social Democratic Party (SDP), Adewole Adebayo, has criticised President Bola Tinubu for approving a 15 per cent import duty on refined petroleum products, describing the decision as anti-people. Adebayo, who spoke on Channels Television’s Politics Today on Thursday, accused the president of imposing excessive taxes on Nigerians. “President Tinubu…
By James Okonkwo When President Bola Ahmed Tinubu issued three Executive Orders in March 2024 affecting the oil and gas sector, critics rushed to interpret them as a blow to Nigeria’s local content regime under the NOGICD (Nigerian Oil and Gas Industry Content Development) Act. That reading is not only hasty, it is misleading. Under…
