Steenberg police have rescued a kidnapped e-hailing driver after a sexual assault and ransom ordeal; five suspects, including two women in South Africa.
Naira strengthens to N1,328.2154 after the CBN sells $151m to banks, boosting FX liquidity as dollar demand, reserves and market stability shape the outlook.
The Minister of Works, David Umahi, has disclosed the federal government's decision on the possibility of tolling the Third Mainland Bridge in Lagos.
The naira dips against the dollar despite improved forex liquidity, with total FX inflows rising. Analysts foresee stronger trade opportunities ahead in 2026.
The Presidential Fiscal Policy and Tax Reforms Committee has responded to KPMG’s assessment of Nigeria’s new tax laws, in which the firm identified "errors".
As the naira dips to N1,419.71 per dollar amid cautious trading, analysts foresee stability in 2026, despite oil market uncertainties impacting Nigeria's FX inflows.
KPMG highlights significant errors in Nigeria's new tax laws, creating compliance risks and uncertainties. Urgent clarifications needed for fairness.
Tax experts clarify that only electronic transfers incur a ₦50 stamp duty, not bank balances. New laws exempt certain transactions while offering rent relief.
Nigeria's new VAT formula increases states' share to 55%, shifting N461.27bn to local governments and marking a pivotal change in fiscal federalism for 2026.
Nigeria's naira is set to appreciate to N1,350-N1,450 per dollar by 2026, driven by FX reforms amid global oil price risks and easing inflation, CardinalStone says.
Togo, Niger and Benin owe Nigeria over $17.8 million (over N25 billion) for electricity supply, the Nigerian Electricity Regulatory Commission (NERC) has disclosed.
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