GTBank: Sender Pays N50 Stamp Duty on Transfers
GTBank has notified customers of a key change to the N50 stamp duty on electronic transfers under the new Nigeria Tax Act 2025. Find out what transactions are exempt.
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Banks Alert Customers on New N50 Stamp Duty Rule
GTBank, Access, Zenith, UBA, and others inform customers that the N50 stamp duty on transfers over N10,000 is now paid by the sender, effective January 1, 2026. Learn the new rules and exemptions.
FG to Use Banks, Fintechs for Tax Debt Recovery in 2026
Nigeria tightens tax laws, empowering authorities to use banks and fintechs like Access, Zenith, and Opay to recover unpaid taxes. Learn about the new rules and your obligations.
GTBank, Zenith Lead N16.14 Trillion Bank Recapitalisation Drive
Nigerian banks accelerate recapitalisation ahead of March 2026 CBN deadline. GTCO, Zenith, UBA lead as sector's market cap hits N16.14 trillion. Read the full analysis.
CBN Issues New Cash Directive to Banks for 2026
The Central Bank of Nigeria has directed commercial banks to guarantee steady cash flow in ATMs and branches nationwide. This follows a successful festive season with minimal scarcity.
Kaduna 2026 Budget: No New Loans, Says Commissioner
Kaduna State clarifies it will not borrow for its 2026 N985.9bn budget, using IGR and allocations instead. Education and infrastructure get 25% each. Read details.
Kaduna's 2027 Power Play: Key Brokers and Strategies
Ahead of 2027, Kaduna State becomes a political battleground. Governor Uba Sani, ex-governors El-Rufai and Makarfi, and insecurity shape the race. Will APC hold or will ADC's new alliance disrupt?
Man Exposes Bank Tax Deduction Error in Viral Tweet
A Nigerian man's viral tweet exposes a puzzling N73.05 tax deduction by GTBank, sparking widespread debate on the new tax reforms and bank transparency. See the full story and reactions.
Nigeria's Healthcare and Education in Crisis
Nigeria's healthcare and education systems face severe neglect, with fewer than 35,000 doctors for 200 million people. Explore the impact of insecurity and the resilience of Nigerians. Read more.
Man Cries Out as N100k Bank Transfer Becomes N63k
A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.
Banks to Charge N50 Stamp Duty from Jan 1, 2026
Nigerian banks will implement a N50 stamp duty levy on electronic transfers of N10,000 and above starting January 1, 2026. Learn what's changing and which transactions are exempt.
N50 Stamp Duty on Bank Transfers Starts 2026
From January 1, 2026, Nigerian banks will charge senders a N50 stamp duty on electronic transfers of N10,000 and above. Learn about the new levy and other CBN-approved charges.
Sarah Martins: New Staff Allegedly Steals ₦3 Million
Nollywood actress Sarah Martins cries out after a newly hired employee allegedly hacked her bank account and stole ₦3 million. Full details of the betrayal and social media reactions inside.
Otedola Sells Geregu Power Stake for N1.088 Trillion
Nigerian billionaire Femi Otedola has sold his controlling stake in Geregu Power Plc in a landmark N1.088 trillion transaction. Discover the details and implications of this major shift in Nigeria's energy sector.
Banks Warn Customers Against Festive Season Scams
FirstBank, UBA, Stanbic IBTC, and Union Bank warn customers to be vigilant against scams targeting mobile apps and USSD banking. Protect your OTPs and PINs.
Kaduna 2026 Budget: N100m Allocated to Each Ward
Kaduna State's 2026 budget allocates N100m to each of its 255 wards for grassroots projects. Education receives the largest share at 25% of the N985.9bn budget. Read details of the historic plan.
Elumelu's $50 Gift to Okocha Trends Online
Nollywood actor Charles Okocha's dramatic reaction to a $50 Christmas gift from billionaire Tony Elumelu has gone viral, sparking mixed reactions from fans online.
Cousin Kills Man Over Phone Charger in Anambra
A 20-year-old man, Chisom Uba, was stabbed to death by his cousin during an argument over a phone charger in Ihiala, Anambra. The victim's uncle also participated in the attack. Read the full story.
Christian Leaders Commend Uba Sani at Kaduna Christmas Carol
Kaduna Christian clerics applaud Governor Uba Sani for fairness, equity, and inclusive governance during the state's Christmas carol. Read how his leadership is fostering peace.
Kaduna 2026 Budget: Education Leads with 25% of N985.9bn
Governor Uba Sani signs Kaduna's N985.9bn 2026 budget, prioritizing education with 25%. See the full sectoral breakdown and focus on grassroots projects.
UBA, Lagride $100m Scheme to Empower 3,500 Lagos Drivers
UBA, Lagride & Lagos State launch a $100m 'Drive to Own' scheme. 3,500 drivers can own a car with 10% equity. CEO shares personal story of driver father. #Empowerment #Lagos
Uba Sani Calls for Unity at Kaduna Christmas Carol
Kaduna State Governor Uba Sani attended the 2025 Christmas carol, urging unity and highlighting his administration's achievements in roads, health, and agriculture. Read more.
Kaduna Teachers' Retirement Age Raised to 65 by Gov Uba Sani
Governor Uba Sani approves enhanced conditions for Kaduna teachers, extending retirement to 65 years and introducing rural allowances to improve education quality and retain experience.
How Nigeria's Banking Giants Conquered CBN Recapitalisation
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
Zenith Bank Wins Tech Trailblazer Award at Nexus 2025
Zenith Bank has been honoured with the Technology Trailblazer Award at the Qore Nexus 2025 event. The award recognises the bank's innovative use of next-generation tech to enhance digital banking in Nigeria. Discover how they are shaping the future of fin
Kaduna's $200m China Poultry Project to Create 350,000 Jobs
Governor Uba Sani finalises a $200m poultry deal with China, set to create 350,000 jobs and generate $450m annually for Kaduna State. Read the full story.
Nigerian Equities Market Gains N997bn in Week
The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.
Zulum: Borno spent N100bn on security in 2025
Governor Babagana Zulum discloses Borno State spent about N100 billion on security in 2025, stalling road projects and development. Read about the impact and plans.
Man Gets Birthday Surprise From Bank Staff in Nigeria
A Nigerian man received an unexpected birthday celebration from UBA staff while withdrawing money. Watch the viral video and see how the bankers' gesture shocked him.
UBA Partners Lions Group for Exclusive Detty December Offers
United Bank for Africa partners with Lions Group and Wakanow to offer exclusive discounts and cashback for the festive season via the UBA Red Pass. Get access to premium Lagos events.
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