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.
Category : Business
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.
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.
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.
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.
Viral Tax Warning: 'First Deduction Go Hit Like Sledgehammer'
A Nigerian man's viral tweet sparks reactions as he warns that the first tax deduction under new rules will hit citizens hard. See the public's mixed responses.
Insurer pays N35.3bn claims by Q3 2025
Mutual Benefits Assurance Plc paid N35.3 billion in claims by September 2025, a record high. The payout shows strong commitment to policyholders amid economic challenges. Read the full breakdown.
New Tariffs to Make Nigeria's Ports 55% More Expensive
Maritime stakeholders warn that a new tariff hike approved by the Nigerian Shippers' Council will make doing business at Nigerian ports 55% costlier than other West African ports, contradicting government's cost-reduction goals.
FIRS Transitions to Nigeria Revenue Service (NRS)
A new era begins as the Nigeria Revenue Service (NRS) officially replaces the FIRS. Discover the goals of the new tax regime and what it means for Nigeria's economy.
Six dead, four rescued in Lagos boat mishap
A passenger boat accident in Lagos has left six dead and four rescued. Authorities are searching for missing persons after the vessel hit a submerged object. Read the latest updates.
Egbin Power's Football Initiative Fosters Community Unity, Growth
Egbin Power Plc reaffirms its commitment to inclusive development through its annual football tournament, a key PCSR initiative empowering youth and strengthening community bonds in its host areas. Discover how the GenCo is investing in sustainable growth
Registration Opens for 2026 Holy Land Pilgrimage
Nigerian travel firm Time to Fly opens registration for its 2026 Holy Land Experience pilgrimage to Israel & Jordan from March 17-26. Led by Dr. Ajibola Mary JP. Register now!
Bluebulb Wins Finance Excellence Award at 2025 PBN Awards
Bluebulb, a cross-border payments fintech, has won the Finance Excellence Award at the 2025 PBN Awards. The award recognises its work in removing barriers for African businesses in global trade. Read more about this achievement.
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.
Nigerian Woman Returns N330M Mistakenly Credited to Her
Aisha Isah Yelwa, a petty trader from Lapai, Niger State, displayed remarkable integrity by returning N330 million mistakenly sent to her First Bank account. Read her inspiring story.
Elumelu's Heirs Energies Buys $500m Seplat Stake
Heirs Energies, led by Tony Elumelu, has acquired a 20.07% stake in Seplat Energy for $500 million. The deal, backed by Afreximbank, marks a major shift towards indigenous ownership in Nigeria's energy sector. Read the full story.
Bayelsa Governor Urges Patience on Power Project
Governor Douye Diri asks Bayelsa residents for understanding as the 60MW independent power project faces delays but is over 90% complete. Target inauguration set for February anniversary.
Controversial Tax Reforms Begin Jan 1, 2026
President Tinubu's sweeping tax reforms begin today despite opposition from Atiku and Northern groups. FG insists changes are vital for economic growth. Read the full story.
New Nigeria Revenue Service Logo Unveiled in Abuja
NRS Chairman Zacch Adedeji unveils the agency's new logo, signaling a commitment to a unified, efficient revenue system aligned with Nigeria's economic agenda. Read more.
Tinubu: No Going Back on Jan 2026 Tax Reforms
President Bola Tinubu insists Nigeria's new tax laws will commence January 1, 2026. He calls it a 'once-in-a-generation' fiscal reset, not a tax hike. Read the full details.
Kachikwu to Tinubu: Nigerians Can't Start 2026 with More Taxes
ADC's Dumebi Kachikwu criticizes proposed tax reforms, warning they could trigger a major crisis amid Nigeria's security woes. He urges compassion over new burdens. Read his full statement.
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