New Fuel Taxes in 2026 to Raise Petrol, Diesel Prices
President Tinubu's government plans a 15% levy on imported petrol and diesel, plus a 5% fossil fuel surcharge from 2026. Experts warn of soaring costs for Nigerians. Full analysis inside.
Category : Search result: Covid levy
FG Introduces Compulsory Vehicle Recycling Fee for 2026
The Nigerian government announces a mandatory vehicle recycling fee starting 2026 to tackle abandoned cars and formalise the auto recycling sector, projecting over ₦150bn in annual revenue.
Pfizer Shares Fall on Weak 2026 Profit Outlook
Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.
Nigerian Sentenced to 60 Months for $1.3m COVID Fraud
Nosa Edokpaigbe, a Nigerian national, has been sentenced to 60 months in a US federal prison for a $1.4 million COVID-19 relief fraud scheme. He will be deported after serving his term. Read the full details.
FIRS Clarifies 4% Development Levy on Imports
The FIRS clarifies the 4% Development Levy is a consolidation of existing charges, not a new tax. Read details on exemptions, free trade zones, and reactions from Nigerian importers.
FIRS Explains 4% Levy, Says It's Not an Additional Tax
The FIRS clarifies that Nigeria's new 4% development levy consolidates existing charges, aims to simplify compliance, and boost investment. Learn how the tax reforms affect businesses and FTZs.
Aba Traders Protest 'Unjustifiable' Levies Under Governor Otti
Aba traders face hardship as government operatives impose high levies and seal shops at night. APC chieftain Paul Ikonne condemns the actions as tyrannical. Read more.
Nigerian sentenced for $290K COVID-19 fraud in US
Temitope Bashua, 29-year-old Nigerian, sentenced to 30 months in US prison for $290,000 COVID-19 relief fraud scheme. Learn details of the case and consequences.
Bandit Leader Imposes N50m Levy on Katsina Towns
Notorious bandit Mustapha Babaro demands N50 million from Yargoje communities in Katsina, raising questions about peace deals effectiveness. Residents fear repercussions if deadline missed.
Former Anchor Sentenced in Massive COVID Fraud Case
Disgraced ex-TV anchor Stephanie Hockridge sentenced to 10 years for multi-million dollar COVID fraud scheme. Ordered to pay $64M restitution for fake PPP loans.
RMAFC Probes Electronic Transfer Levy 2019-2022
Nigeria's RMAFC investigates Electronic Money Transfer Levy disbursements from 2019-2022 to ensure transparency and accountability in revenue collection for all government tiers.
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.
UK Inquiry: Johnson's COVID Chaos Cost 23,000 Lives
A UK public inquiry blames ex-PM Boris Johnson's toxic and chaotic COVID-19 response for 23,000 extra deaths. Read the damning report details.
Elizabeth Lail's Private Marriage to Nieku Manshadi
Discover the beautiful love story of actress Elizabeth Lail and pediatric dentist Nieku Manshadi - from their first meeting to their intimate COVID wedding.
Ghana Scraps Covid Levy, Cuts VAT to Boost Economy
Ghana abolishes its Covid-19 Health Recovery Levy and reduces VAT to stimulate growth, returning GHS 5.7 billion to citizens. A tragic stampede at a military recruitment event in Accra leaves six dead.
Djokovic Accepts Piers Morgan's Apology Over Vaccine Row
Novak Djokovic accepts Piers Morgan's apology for calling him a 'liar and cheat' during 2021 Australian Open Covid vaccine controversy. Read the full story.
Pfizer Profits Dip as COVID Vaccine Sales Decline
Global pharmaceutical giant Pfizer experiences significant profit decline amid falling COVID-19 product sales. Analysis of impact on Nigerian healthcare market and future outlook.
Tinubu's ₦15 Fuel Levy Praised as Job Protection Move
Nigerian economic experts applaud President Tinubu's strategic ₦15 fuel import levy, calling it a revolutionary move to safeguard local jobs and boost economic sovereignty
FG imposes 15% tariff on imported fuel, prices to rise
Nigerians face higher fuel costs as Federal Government introduces 15% levy on imported petroleum products. Learn how this tariff will impact petrol and diesel prices across the country.
Tinubu imposes 15% tariff on imported fuel
President Tinubu's administration has introduced a 15% import levy on petroleum products, signaling major changes for Nigeria's energy sector and potentially affecting fuel costs across the nation.
Nigeria Introduces ₦15,000 Travel Levy for 2025
The Nigerian government has announced a mandatory ₦15,000 levy on all international travelers departing from Nigerian airports beginning January 1, 2025. Discover how this new policy will affect your travel plans and what exemptions apply.
Monkey With COVID-19 and STDs Escapes - Health Emergency
Health authorities issue urgent warning as aggressive monkey infected with COVID-19 and multiple sexually transmitted diseases escapes containment in US residential area.
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