New Tax Laws Must Be Implemented From Jan. 1, 2026 – Tinubu Tells Nigerians
President Bola Ahmed Tinubu has reaffirmed that the newly enacted tax laws, including those that took effect on June 26 and others scheduled to commence...
JANUARY 1, 2026: Banks To Start Charging Nigerians ₦50 Stamp Duty On Every Transfers Above ₦10,000
Starting from January 1, 2026, banks and other financial institutions in Nigeria will commence the deduction of a ₦50 stamp duty on all electronic transfers...
BREAKING: More Hardship, Hell for Nigerians as President Tinubu Directs Banks, Stockbrokers, Other Financial Institutions to Deduct 10% Tax on All Interest Income from Short-Term Investments Like Bonds, Treasury Bills, Bills Of Exchange, Promissory Notes, Corporate Bonds, Financial Papers, Others
In a new policy directive, President Bola Tinubu has instructed banks, stockbrokers, and other financial institutions across Nigeria to commence the deduction of a 10%...
Dollar to Naira Exchange Rate Today, October 21, 2025
The Nigerian naira traded with mixed performance on Tuesday, as the exchange rate remained relatively stable across both the official and parallel markets. At the...
Placing people at the heart of tax administration is essential for enhancing efficiency – Dr Zacch Adedeji
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, has emphasised that placing people at the heart of tax administration is...
Rising Tensions in Middle East Push Crude Oil to $74, Triggering Petrol Price
An 8.8% surge in global crude oil prices—from $68 to $74 per barrel—has prompted 10 major Nigerian oil marketers to raise their depot petrol prices,...
Rising Tensions in Middle East Push Crude Oil to $74, Triggering Petrol Price
An 8.8% surge in global crude oil prices—from $68 to $74 per barrel—has prompted 10 major Nigerian oil marketers to raise their depot petrol prices,...
Tinubu’s Reforms Laying Solid Foundation for Nigeria’s Economic Recovery
Tinubu’s Reforms Laying Solid Foundation for Nigeria’s Economic Recovery — Bagudu, Suleiman The Minister of Budget and Economic Planning, Senator Atiku Bagudu, has commended President...
Naira Strengthens Against Dollar Across Markets
The Nigerian naira recorded notable gains against the United States dollar on Wednesday, appreciating in both the parallel market and the Nigerian Foreign Exchange Market...
Nigerian Stock Market Gains N3.97 Trillion in May 2025
Despite ongoing global uncertainties driven by persistent trade wars, the Nigerian stock market delivered a remarkable performance in May 2025, with investors gaining approximately N3.966...