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.
Category : Business
Nigerian Lawyer Femi Gbede Wins Global Leader Award
Investment lawyer Femi Gbede receives the Emerging Global Leader Award at the Global Entrepreneurship Festival in Accra. Discover his vision for legal leadership and global impact.
4 Groups Exempt from Tax in Nigeria's 2026 Reform
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.
Naira Appreciates by Over N100 Against US Dollar in 2025
The Nigerian naira closed 2025 stronger, appreciating by over N100 against the US dollar. The Central Bank of Nigeria credits rising external reserves and policy reforms for the currency's improved stability. Discover the full market analysis and 2026 pro
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Top 4 Nigerian Billionaires Start 2026 with $43bn Fortune
Aliko Dangote and Nigeria's wealthiest men begin 2026 with a combined $43 billion net worth. See the full breakdown of their fortunes and global rankings here.
Youth Leaders Hail Court Ruling on New Tax Law
Nigerian ethnic youth leaders celebrate a court ruling allowing the new tax law to proceed, calling it a victory for national economic interest and fairness. Read more.
Arewa Youths Back New Tax System, Call for Patience
Arewa youths support the court's decision for Nigeria's new tax regime to start Jan 1, 2026, calling it vital for economic reform. They urge citizens to be patient for long-term gains.
CBN Reports Fastest-Growing Subsectors in 2025
Nigeria's economic recovery gained momentum in December 2025 with 32 out of 36 subsectors expanding, according to the CBN's PMI. The transportation equipment sector led growth. Discover the full economic outlook for 2026.
Man Cries Out Over N50 Tax on N10k Transfer in 2026
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.
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New ₦50 Stamp Duty Shifts to Senders from January 2026
OPay, PalmPay, Moniepoint, and major banks notify Nigerians of a key tax change. From January 1, 2026, senders will pay a ₦50 stamp duty on transfers of ₦10,000 and above. Learn the details and exemptions.
Man Cries Out Over N30k Tax Deduction from Salary
Edidiong Johnson expresses shock after discovering a N30,842 PAYE tax deduction on his November 2025 payslip, sparking debate on Nigeria's new Tax Act 2025 ahead of its 2026 implementation.
FG Unveils New Nigeria Revenue Service (NRS) Identity
Nigeria's Federal Inland Revenue Service (FIRS) has officially transformed into the Nigeria Revenue Service (NRS). Discover the new logo, public reactions, and what this means for taxpayers.
Banks Announce New N50 Stamp Duty on Electronic Transfers
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.
NNPC remits N12.1trn, reports N502bn profit in 2025
NNPC Limited remitted N12.117 trillion to the Federation Account in ten months, reporting strong revenue and profit growth. Oil production held steady as key gas pipeline projects near completion.
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NANS to Protest New Tax Laws on January 14
Nigerian students plan nationwide protests on January 14, 2026, against new tax laws. The action follows court rulings and unresolved discrepancies in the gazetted legislation.
FG Clarifies: No Tax Monitoring via Bank Transaction Narrations
Federal Government dismisses claims of monitoring personal bank accounts for tax. Small businesses under ₦12m turnover are exempt. Experts advise clear transaction descriptions.
Court Dismisses Suit to Stop Nigeria's New Tax Laws
A Federal High Court in Abuja has dismissed a legal challenge seeking to halt Nigeria's new tax regime, clearing the way for implementation from January 1, 2026. Read the full ruling details.
Kalu Announces N1bn Support Fund for Abia SMEs
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.
Get Your Tax ID Online Using NIN or CAC - JTB Guide
The Joint Tax Board has launched a unified portal for Nigerians to retrieve their Tax Identification Number digitally using NIN or CAC details. Follow our step-by-step guide to access your 13-digit Tax ID from January 1, 2026.
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Apply Now: FG's ₦500k YEIDEP Grant Portal Opens
The Federal Government has reopened the YEIDEP Batch B portal, offering non-repayable grants up to ₦500,000 for young Nigerian entrepreneurs. Learn eligibility, steps, and tips to apply successfully.
Court Dismisses Suit Against New Tax Act, Implementation Begins
An Abuja High Court has dismissed a suit to halt Nigeria's new tax regime, allowing implementation from Jan 1, 2026. Northern groups and Femi Falana allege discrepancies in the laws.
How Creative Catalyst is Funding Nigeria's Creative Economy
Chapel Hill Denham's Creative Catalyst programme tackles the funding and business support gap in Nigeria's creative sector, attracting 543 applicants and backing projects like 'Gingerrr'. Discover how it fuels economic transformation.
Nigerian Stock Market Delivers N37 Trillion Gain in 2025
Despite insecurity and a tough economy, the Nigerian stock market surged in 2025, generating N37 trillion in capital gains for investors. The NGX All-Share Index rose 51.2%. Read the full analysis.
TUC: Poverty, Inflation Threaten Nigerian Workers' Livelihoods
The Trade Union Congress warns that poverty and austerity policies are pushing workers to the brink. TUC President Festus Osifo demands urgent, people-centred government action.
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NNPC Records N4.36tr Revenue, N502bn Profit
NNPC Ltd announces N4.36 trillion revenue and N502 billion profit for November 2025, driven by increased oil production. Discover the full financial and operational breakdown.
Aviation Sector Unfriendly to Tourists in 2025
Former NANTA President Olusoji Amusan criticizes Nigeria's aviation sector for failing to boost tourism in 2025, citing weak support for airlines like Air Peace. Read the full analysis.
Man Worries Over Tax After ₦46.9M Account Activity
A Nigerian man's viral tweet reveals ₦46.9M credited to his account in 2025, sparking fears of a huge 2026 tax bill. See the shocking figures and public reaction.
Green Industrialisation Wave Redefines Africa's Economy in 2026
A new report reveals Africa's green industrialisation is accelerating, driven by renewable energy and critical minerals. Discover how this shift is redefining the continent's economic outlook and attracting global investment.
Group Calls for Pause on New Tax Laws Over Trust Issues
Enough is Enough Nigeria urges the Federal Government to delay implementing new tax reforms, citing governance, transparency, and public trust deficits. Key demands include civic education and disclosure of FIRS-France MoU.
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New Refineries to Add 850,000 bpd, State Plants Fail
PETROAN projects 850,000 bpd from new refineries but slams N11.35tr waste on state plants. Read the 2026 outlook for Nigeria's oil sector.
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