Who Must Pay Tax in Nigeria? New 2026 Law Explained
Nigeria's new tax framework effective January 2026 defines clear obligations. Discover the 7 key taxpayer categories and who is exempt. Stay compliant!
Category : Business
US Venezuela Action Poses Oil Price Risk to Nigeria - Expert
Economist Kalu Aja warns US intervention in Venezuela may flood oil market, pressuring prices and jeopardising Nigeria's $64 per barrel 2026 budget benchmark. Read the full analysis.
Yewa Monarch Calls for Investment in Local Development
Oba Kehinde Olugbenle urges Yewaland indigenes to drive development through investment. New radio station and amusement park launched in Ilaro to boost growth and storytelling.
Man Avoids New 2026 Bank Charge by Sending N9,999
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.
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Man saves N700 daily on OPay for a year, shows result
A Nigerian man known as Cruise Daddy disciplined himself to save N700 every day on OPay for a full year without withdrawals. See the total amount he accumulated and his motivational message on the power of consistent saving.
Stakeholders to Meet on New Tax Regime in Enugu, Kano
A coalition of 48 lawmakers, CSOs, and experts will hold meetings in Enugu and Kano to monitor Nigeria's new tax laws. Aim is to ensure fair implementation and public buy-in for economic recovery. Join the dialogue.
Firms Advocate for Inclusive Hiring of Persons with Disabilities
Jobberman Nigeria and the Mastercard Foundation renew commitment to inclusive employment for young Nigerians, urging government incentives like tax rebates for hiring persons with disabilities.
Nigerian Lady Laments OPay's N4k Interest on Yearly Savings
A Nigerian entrepreneur saved N1,000 daily on OPay throughout 2025, expecting substantial interest. She was shocked to receive only N4,000. Read her story and see expert reactions.
Man Sends N1m, Debunks New Tax Law Rumours
A Nigerian man shares his experience after sending over N1 million under the new tax law, clarifying there were no extra deductions. Read his story and public reactions.
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Lady Cries Over ₦50 Deduction on ₦16,000 Transfer
A Nigerian lady shared her shock after an extra ₦50 was deducted from a ₦16,000 transfer under the new tax law. See the online reactions and what this means for you.
Lawyer Abroad Reveals Access Bank Charges on N200k Transfer
A Nigerian lawyer in Dublin shares receipts showing Access Bank charges for sending money home. She hopes new tax laws will bring development. See the breakdown and reactions.
Market Woman's 'Gift' Advice on New Tax Law Goes Viral
A young Nigerian man's encounter with a market woman over the new 2026 tax law has sparked online debate. She advised labeling a transfer as a 'gift' to avoid deductions. Read the full story and public reactions here.
Nigeria's Food Insecurity Crisis: Expert Analysis
Prof. Bosede Lawal reveals why 26m Nigerians face food insecurity and outlines solutions like NEEP and extension service funding. Read the full analysis.
Food Relief Reaches 200 Families in Ebute Metta
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.
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Dangote Cuts Fuel Price, Takes on Regulator in 2025
Aliko Dangote emerges as a 2025 hero, slashing fuel prices and challenging regulatory corruption. His 'no gree' stance echoes a national demand for accountability and consumer rights. Read the full story.
Elumelu: Africa Can Own Its Strategic Resources
Tony Elumelu declares Africa's capacity to own and manage its resources as Heirs Energies completes a major $500 million acquisition in Seplat Energy, backed by African banks.
Nigeria's Cocoa Industry Seeks Funding for Global Competitiveness
Nigeria's cocoa industry is losing over $2 billion annually due to under-explored value chains. Stakeholders call for urgent government funding and policy reforms in 2026 to boost production and compete globally.
FG Charts Path to $1 Trillion GDP Through Reforms
The Federal Government outlines a 2026 strategy focused on reforms and investment to accelerate growth, aiming for a $1 trillion economy by 2036. Read the full plan.
Nigeria's EV Adoption Jumps 400%, Lagos Expansion Planned
Nigeria sees a 400% rise in electric vehicle use since 2020. LUG West Africa plans 250 EV charging stations in Lagos and a local assembly plant, leveraging solar power. Read more.
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Viral 'Periwinkle' Bank Transfer Description Sparks Online Debate
A Nigerian lady's hilarious 'periwinkle' bank transfer description goes viral on X, sparking a crucial online debate about the importance of transaction narrations in Nigeria.
Katsina Secures N52bn Agric Investment from Two Firms
TORQ Agro and Al-Hikma Fertiliser redeem N52bn pledge for Katsina's agricultural sector, boosting poultry, soybeans processing, and value chains. See how this transforms the state's economy.
Obi: Tax Reforms Must Not Punish the Poor
Peter Obi cautions the Nigerian government against imposing taxes that worsen poverty. He advocates for comprehensive, people-centered economic reforms to stimulate growth.
Nigeria's Oil Sector Wins in 2025, Says Minister Lokpobiri
Minister Heineken Lokpobiri declares 2025 a successful year for Nigeria's oil sector, driven by reforms, new investments, and strengthened local content. Read the full report on the industry's progress and 2026 outlook.
Nigerian Women Driving Food Security & Exports - PAWISCA
PAWISCA is positioning Nigerian women as key drivers of food security and export growth. With over 5,000 members, the initiative boosts agriculture and creative industries for poverty alleviation.
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Akufada MFI Bags Digital Transformation Award at Nexus 2025
Akufada Microfinance has been honoured with the Digital Transformation Pioneer Award at the Nexus 2025 Awards for its bold shift to digital platforms, setting a new benchmark in Ethiopia's financial sector. Discover how they are empowering communities.
GNI clarifies Lagos Island fire incident stance
Great Nigeria Insurance Plc clarifies its position on the Martins Street fire, revealing a legal dispute with the Shitta-Bey family. The insurer confirms its operations are unaffected. Read the full details.
Dangote Refinery Exports to Ghana May Decline
Ghana's Tema Oil Refinery is back online after years of inactivity, operating at 28,000 bpd. This could reduce its reliance on imports from Nigeria's Dangote Refinery, its top 2025 supplier. Explore the shifting energy dynamics in West Africa.
NGX Opens 2026 Positive, Market Cap Nears N100 Trillion
Nigeria's equities market started 2026 with a 0.57% gain, pushing market capitalisation close to N100 trillion. Analysts cite reforms and optimism as key drivers. Read the full market analysis.
Obi: Taxing Poverty Undermines Nigeria's Growth
Peter Obi criticizes Nigeria's tax implementation, arguing it burdens the poor. He calls for a transparent system focused on production, not just revenue. Read his full statement.
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Fuel Prices Rise to N800/Litre After Dangote Refinery Shutdown
Private depot owners have increased petrol prices to N800 per litre following Dangote Refinery's planned maintenance shutdown. Get the latest on Nigeria's fuel market and price outlook.
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