Category : Search result: wealth transfer 2026


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.

NGX Rally Adds N411bn as 2025 Trading Closes

The Nigerian stock market closed 2025 on a high note, with investor wealth surging by N411 billion. The NGX All-Share Index rose 0.42% as trading volume hit 4.7 billion shares. Discover the top gainers and losers.

Burna Boy Reacts to $22m Net Worth Claim

Grammy winner Burna Boy dismisses Google's $22 million net worth estimate as "way off," discusses blessing of supporting family, and reveals why he hasn't bought his mother a house yet. Read his full interview reaction.

₦200m Fund Launched for 20 Ogoni Entrepreneurs

Chief Lesi Maol invests ₦200m to empower 20 Ogoni entrepreneurs, urging youth to embrace wealth creation for sustainable development. A transformative step for Ogoniland's economy.

Chelsea Told to Sign Osimhen by William Gallas

Former Chelsea star William Gallas urges the Blues to revive their move for Super Eagles striker Victor Osimhen, who has scored 12 goals in 16 games for Galatasaray this season.

Onyedika agrees Galatasaray move after AFCON

Super Eagles midfielder Raphael Onyedika has reportedly agreed to join Victor Osimhen at Galatasaray after AFCON 2025. The €25m-rated star's transfer talks are set to begin soon. Read more.

Nigeria's Chichidodo Problem: Defending Corruption

Columnist Folorunso Adisa examines the social cost of defending politically exposed persons like Abubakar Malami and Farouk Ahmed facing EFCC allegations. Explore the impact on justice and public resources.

Apprentice Gets N10m and Shop from Igbo Master

A young man's story of receiving N10 million and a fully-stocked shop after serving his Igbo master in business has ignited online conversations about the Igbo apprenticeship model versus formal education in Nigeria.

Niger State's N1.073 Trillion 2026 Budget Signed

Governor Umaru Bago has signed Niger State's 2026 budget of over N1.073 trillion into law, with capital expenditure exceeding N783 billion. The governor praised the Assembly for swift passage.

Investors Gain N256bn as NGX Rises Before Christmas

The Nigerian equities market closed bullish on Monday, adding N256 billion to investor wealth. The All-Share Index rose 0.26% led by NASCON, BUA Cement, and others. Discover the top gainers and losers.

NSIA's 2025 Review: $3B Assets, Key Projects

Nigeria's Sovereign Wealth Fund, NSIA, surpasses $3 billion in assets in 2025, launching major projects in healthcare, renewable energy, and tech innovation. Read the full review of a year of progress.

Lagos clears roadside markets on Ikotun-Igando Road

Lagos State Government clears roadside traders on Ikotun-Igando Road to reclaim walkways and enforce laws. Commissioner Wahab details the state's waste-to-wealth drive for a sustainable environment.

PDP Criticises Tinubu's 2026 'Sufferings' Budget

The Peoples Democratic Party has strongly criticised President Bola Tinubu's ₦58.18 trillion 2026 budget, labelling it a plan that deepens hardship for ordinary Nigerians. Read the full analysis.

Tinubu Presents N58.18 Trillion 2026 Budget to NASS

President Bola Tinubu presents the 2026 'Budget of Consolidation' to the National Assembly, targeting N58.18 trillion in spending with priorities on security, human capital, and infrastructure. Read the full details.

Lagos Reintroduces Monthly Sanitation to Tackle Waste

Lagos State plans to bring back monthly environmental sanitation to address severe waste management challenges. The state generates up to 15,000 tonnes of waste daily but collects less than a third. Read the full plan.

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