New N50 Stamp Duty on Bank Transfers Starts Jan 1
Nigerians will pay a new N50 government levy on electronic transfers above N10,000 from January 1, 2026. Learn how it works and its impact on your finances.
Category : Search result: N50 Stamp Duty
Makinde aide refutes N50b claim, cites political motive
Oyo Governor's media aide debunks N50b fund allegation, explains N30b was used for Bodija blast recovery. He links attacks to Makinde's 2027 stance. Read the full facts.
APC to Makinde: Account for N50bn Ibadan Fund or Resign
Oyo APC challenges Governor Seyi Makinde to explain the N50 billion Ibadan explosion relief fund allegedly received from President Tinubu or resign. Details of the allegations and the governor's response.
Fayose: Proof Makinde Got N50bn From Tinubu
Former Governor Ayo Fayose has released documents alleging Oyo State Governor Seyi Makinde received N50bn from the Tinubu administration. He challenges Makinde to sue him. Read the full details.
Bank Transfer Costs to Rise in Nigeria from 2026
Starting January 2026, Nigerians will pay higher charges for online transfers as the government reintroduces stamp duty. Find out how this policy shift will impact your wallet.
Call of Duty Co-Creator Vince Zampella Dies in Car Crash
Vince Zampella, co-creator of Call of Duty, died in a fiery Ferrari crash near Los Angeles. The gaming legend was 55. Read the full story of his tragic passing and monumental legacy.
Senator Bamidele Donates N50m, Food to Ekiti for Christmas
Senate Leader Opeyemi Bamidele spreads festive cheer with N50 million cash and thousands of bags of rice, beans to all 177 wards in Ekiti State. Read about the massive distribution.
Nigeria Suspends 15% Fuel Import Duty Amid Backlash
The Nigerian government suspends a controversial 15% fuel import duty to avoid festive season price hikes. Experts warn of policy inconsistency and the need for long-term energy security. Read more.
SEEDAN Praises Tinubu's N50bn Seed Industry Fund
SEEDAN lauds President Tinubu for approving a N50 billion catalytic fund to strengthen Nigeria's seed sector, boost agribusiness, and enhance national food security. Learn how this impacts farmers.
Lawmakers Must Revisit Beverage Excise Bill, Experts Warn
Analysis reveals the proposed Customs, Excise and Tariff Amendment Bill lacks Nigeria-specific evidence, risks 1.5 million jobs, and contradicts fiscal stability goals. Lawmakers urged to pause for broader consultation.
Customs Imposes 3% Penalty on Banks for Late Duty Remittances
The Nigeria Customs Service announces a 3% penalty for banks delaying stamp duty remittances. Defaulters risk public exposure and deactivation from the B'odogwu platform. Read the full details.
Soft Drink Tax Hike Risks Jobs and Inflation, CPPE Warns
The CPPE warns Nigeria's proposed excise duty increase on beverages may trigger job losses and worsen inflation. Experts urge broader public health strategies instead. Read more.
Manufacturers Warn of Job Losses Over New Sugar Tax
Nigerian manufacturers oppose a Senate bill to raise sugary drink taxes to 20%, fearing massive job losses. Health Ministry backs the tax for public health funding. Read the full debate.
CPPE Slams Senate Over Proposed Beverage Tax Hike
The CPPE warns that the Senate's plan to increase excise duty on non-alcoholic drinks is economically disruptive and threatens jobs. They urge its withdrawal. Read more.
FG Opens N50m Student Grant Portal for Entrepreneurs
Federal Government launches Student Venture Capital Grant portal offering up to ₦50 million equity-free funding for Nigerian student entrepreneurs in STEMM fields. Apply now!
Court Strikes Out Nnamdi Kanu's N50bn Suit Against FG
Federal High Court dismisses Nnamdi Kanu's N50 billion rights violation case against Nigerian government due to lack of diligent prosecution. Read full details.
FG Opens N50m Student Grant Portal for STEMM Students
Nigerian undergraduates in STEMM fields can now apply for up to N50 million equity-free funding from the Federal Government's Student Venture Capital Grant. Applications are open.
4 Economic Policies Tinubu Suspended After Backlash
President Tinubu's administration suspended 4 major economic policies following public outcry. Learn about the reversed decisions and their impact on Nigeria's economy.
TETFund opens N1.39bn female hostel in Rivers
TETFund has commissioned a new N1.39 billion, 244-bed female hostel at Ken Saro-Wiwa Polytechnic, Bori, to ease student accommodation. The N50m student grant is also on track.
VFD Group Redeems N12.8bn CP, Strengthens Position
VFD Group Plc successfully redeems N12.83 billion Series 5 Commercial Paper, demonstrating strong liquidity and financial discipline ahead of Rights Issue closing.
FG Opens N50m Student Venture Capital Grant Portal
Nigerian students can now apply for the FG's N50 million equity-free venture capital grant. Applications open at svcg.education.gov.ng for STEMM innovations with Google partnership benefits.
Suspended 15% Import Duty Threatens Domestic Refining
The CPPE warns that suspending the 15% import duty on fuel and diesel jeopardizes Nigeria's domestic refineries and energy security. Learn why this policy reversal risks billions in investments.
Ondo Assembly Members Pass No-Confidence Vote on Speaker
Ondo State House of Assembly in crisis as 12 lawmakers pass vote of no confidence against Speaker Olamide Oladiji over alleged N50m misappropriation. EFCC investigation demanded.
FG Suspends 15% Import Duty on Petrol and Diesel
NMDPRA guarantees sufficient petroleum products during festive season, advises against panic buying as depots announce new prices. Stay informed on Nigeria's energy security.
EU Ends Duty-Free Chinese Imports Under €150
EU states agree to remove duty exemption on small parcels from China to combat unfair competition. New €2 handling fee and earlier 2026 implementation planned.
FG Suspends 15% Fuel Import Duty, Price Crash Looms
The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.
Oshiomhole: Don't Tax Nigerian-Made Beer, Goods
Senator Adams Oshiomhole argues for removing excise duty on locally produced goods like beer to boost Nigerian manufacturing. Read his compelling reasons and public reactions.
TETFund: N50M Student Research Grant Still Available
TETFund executive secretary Arc. Sonny Echono confirms the N50 million research and innovation grant for Nigerian students remains accessible, dismissing speculation about its discontinuation.
Call of Duty Movie Adaptation Confirmed for 2025 Release
The blockbuster video game franchise Call of Duty is finally getting the Hollywood treatment with a major motion picture adaptation scheduled for 2025 release, featuring an all-star production team.
15% Import Tariff: New Burden for Nigerians?
President Tinubu's new 15% import tariff sparks nationwide concern as experts warn of devastating impact on cost of living and struggling businesses.
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