Rand Merchant Bank Nigeria has successfully met the CBN's new N50 billion minimum capital requirement for merchant banks, achieving the milestone in December 2025. This move strengthens regulatory compliance and market confidence.
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.
Nine Nigerian soldiers feared dead after Boko Haram IED blast on Maiduguri-Gubio road. Details of the Sunday attack and ongoing terror threats in the Lake Chad region.
AYRIN President Olufemi Ajadi urges the Federal Government to justify new taxes with economic relief and infrastructure. He warns of deepening poverty without accountability.
Oyo APC threatens to expose fresh mismanagement allegations against Governor Seyi Makinde's administration over N50bn Ibadan explosion relief fund and federal allocations. Read the full details.
A Nigerian man's viral post shows how he avoided the new N50 electronic transfer levy by sending N9,999. His action has ignited a fierce online debate about the 2026 tax laws. Read more.
Lagos Food Bank Initiative & 22Bet's THX 22 foundation distributed food supplies to 200 families in Ebute Metta to combat hunger. Read about the impactful CSR initiative.
Bandits unleashed terror in Zamfara and Plateau states, killing multiple people with explosives and gunfire. Police confirm attacks, search for abducted villagers continues. Read the full report.
Oyo State government discloses the N30bn Federal aid for the 2024 Bodija explosion remains untouched. It also reveals the FG is withholding a N20bn balance. Full details inside.
Nigeria's new tax law effective Jan 1, 2026, exempts minimum wage earners, low-income citizens & more. Discover the four categories benefiting from the fiscal reforms.
Oyo State Government discloses N30bn federal aid for Bodija explosion remains untouched, awaiting N20bn balance. Governor Makinde's administration spent N24.6bn from state funds. Read the full details.
A Nigerian man raises alarm after N50 was deducted for a N10,000 transfer, signaling the start of new 2026 tax laws. Get the full story and public reactions here.
A devastating explosion at a bar in Crans-Montana, Switzerland, has left several dozen dead and many injured during New Year celebrations. Authorities are investigating the unknown cause.
Nigerian banks have notified customers of a new N50 stamp duty on electronic transfers of N10,000 and above, effective January 1, 2026. The charge is payable by the sender. Learn the details and exemptions.
Deputy Speaker Benjamin Kalu launches a N1 billion intervention fund for 2,000 Abia SMEs. He also invites Governor Alex Otti to join the APC for re-election support. Read the full details.
Ikeja Local Council Vice Chairman Abisola Omisore distributed rice to over 200 vulnerable residents to ease festive burdens. The initiative aims to strengthen community support and public confidence in grassroots governance.
The Oluremi @65 Education Fund has officially closed, recording over N25.5 billion in donations to support education and the National Library project. Read the First Lady's message of gratitude.
Oyo State Police Command has arrested three suspects for grave desecration and transformer vandalism in Ibadan. CP Femi Haruna commends public vigilance. Read details.
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.
A fire incident near Sango Divisional Police Station in Ibadan destroyed eight shops, causing millions in damage. No casualties were reported. Read the full report.
An explosion at Bagudo General Hospital in Kebbi State caused panic, but police confirm no lives lost. Authorities debunk bomb rumors, attributing blast to a gas cylinder fire incident. Read the full details.
A northern civic group has called for federal intervention in Zamfara, accusing Governor Dauda Lawal of failing to curb escalating insecurity and terror attacks. Read more.
A morning explosion caused panic at General Hospital, Bagudo, Kebbi State. Police confirm no casualties, building damaged. Security forces are on-site. Stay informed.
An explosion caused panic at General Hospital in Bagudo, Kebbi State. Police confirm no casualties, deploy EOD-CBRN team. Investigations ongoing. Stay informed.
FCMB Asset Management has received SEC approval for a N20 billion Series II private debt fund. The fund targets SDG-aligned sectors like agriculture and clean energy, with issuance opening in January 2026. Read more.
The NNPC has successfully restored the Escravos-Lagos Pipeline System after a December explosion. Read how this swift action secures Nigeria's gas supply for power and industry.
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.
The Okunade family mourns as Abdullahi, 15, and Rasheed, 11, drown in a deep section of the Odo-Ona River in Apete, Ibadan. Family recounts failed rescue attempts and delayed response.
A fire at a residential building on Alemuloke Street, Sango Ibadan, destroyed six rooms. Firefighters' swift action prevented casualties and further spread. Officials commend response and urge fire safety.
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.