Nigerians Brace for New Charges as 7.5% VAT on Bank Transfers Begins January 19, 2026 Join our WhatsApp community Nigerians will soon begin paying a 7.5% VAT on bank transfers following a new government-backed directive that introduces additional charges on…
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have been ordered by a Federal Capital Territory (FCT) high court to freeze N7.15 billion associated with Parallex Bank Limited. After FHT Mega Express Limited filed an…
NRS Boss says New Tax Laws Reduce January Salary Deductions for Low-Income Earners Join our WhatsApp community The Executive Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, has advised Nigerians in the lower income category to carefully check…
World Bank predicts Nigeria’s economic growth to hit a decade high of 4.4 percent. Join our WhatsApp community If you have been following the news lately, you would know that the conversation around Nigeria’s economy has been quite heavy. We…
ByDavid
New U.S. guidelines on immigration status and credit applications If you have ever dreamt of making it big in the United States, you probably know that credit is the lifeblood of that system. From buying a “tear rubber” car to…
ByDavid
Satellite TV giant, Multichoice Nigeria has officially announced the appointment of Kemi Omotosho as its new Chief Executive Officer following the retirement of John Ugbe. The company, in a statement on Monday, revealed that Omotosho’s appointment will take effect from…
Nigeria morning news recap and daily updates Join our WhatsApp community Good morning to every Nigerian waking up to the hustle and bustle of another busy week. If you have been following the headlines, you will know that the air…
ByDavid
Aliko Dangote drags ex NMDPRA boss to EFCC over corruption claims. Join our WhatsApp group The new year has barely taken its first full breath, yet the Nigerian business and political landscape is already witnessing a heavyweight battle that many…
ByDavid
NCC and CBN to enforce 30 second refund for failed airtime and data purchases. Join our WhatsApp group We have all been there. You are in a hurry to join a virtual meeting or send an urgent message, and you…
ByDavid
Nigeria cash outside banks report Join our WhatsApp group The latest financial data from the Central Bank of Nigeria has brought a very serious matter to the table for discussion. According to the recent reports for November, more than 93…
ByDavid
PwC Nigeria 2026 poverty projection Join our WhatsApp group As we settle into the first week of 2026, many Nigerians are still busy setting their new year resolutions and praying for a better life. However, a recent report from the…
ByDavid
Nigeria’s data traffic in 2025 soared by 35 per cent to a projected full-year total surpassing 13.2 million terabytes (TB), driven by surging internet usage across mobile and broadband networks, according to the Nigerian Communications Commission (NCC). This momentum has…
Tech Giant, Flutterwave Acquires Mono to Strengthen Open Banking in Africa Flutterwave acquires Mono to strengthen open banking in Africa, marking a major step in the evolution of digital payments across the continent. The acquisition reflects the company’s long-term commitment…
CBN bank recapitalization 2026 deadline As we enter the final stretch of what has been a marathon for the Nigerian financial sector, the Central Bank of Nigeria has come out with a timely and necessary warning. With the March 31,…
ByDavid
Concerns as NNPC subsidiaries’ debt profile hits N30 trillion mark It is no longer a secret that Nigeria is at a crossroads with its energy sector. Just when we were hoping for some breathing space, the latest financial reports from…
ByDavid
