Nigerians to Pay 7.5% VAT on Bank Transfers
Nigerians will pay 7.5% VAT on selected bank transfers and USSD transactions from January 19, 2026, under a new directive.
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Fire Raze Foam Depot in Kwara
Fire raze foam depot in Kwara as firefighters contain a major blaze at a Mouka Foam facility.
Lagos Gets N179bn as FAAC Shares N6tr
Lagos receives N179bn as FAAC shares N6tr in Q3 2025, with oil states taking N424bn amid rising revenues and fiscal risks.
How EFCC Tracked and Recovered Stolen N802m from First Bank
EFCC narrates how N802m belonging to First Bank was traced and recovered following a system error and subsequent transfers.
KPMG Identifies Flaws in Nigeria’s New Tax Laws
While listing the flaws, KPMG warns that gaps in new tax laws could cause confusion, urging revisions to Nigeria’s Tax Act to prevent ambiguity and double taxation.
Backlash as AA Rano Unveils Unmanned Fuel Stations
AA Rano launches Nigeria’s first unmanned fuel stations, drawing backlash from petrol attendants.
Customers to Get Refund for Failed Airtime, Data in 30-Second
NCC introduces 30-second refunds for failed airtime and data purchases, with timeline for transactions with pending status.
Dangote Withdraws Petition Against Ahmed Farouk, ICPC Probe Continues
Aliko Dangote has withdrawn his petition against ex-NMDPRA boss Farouk Ahmed, but ICPC has stressed its stance regarding the investigation.
OPay Adds ₦9,999 Transfer Option Amid Stamp Duty Row
OPay introduces a ₦9,999 transfer option to manage stamp duty charges on digital transfers.
Reps Release Tinubu Tax Reform Acts: DOWNLOAD HERE
House of Representatives releases Tinubu tax reform Acts to address alteration claims, publish certified copies, and reassure Nigerians.