MURIC has criticised INEC over alleged incidents during the 2026 Osun governorship election and called for the removal of its chairman, Joash Amupitan.
The U.S. terminates Temporary Protected Status for Somalia and South Sudan, impacting thousands of immigrants facing uncertain futures and deportation risks.
The naira gained over N100 against the US dollar in 2025, boosted by rising reserves, policy reforms, and the Central Bank of Nigeria interventions.
Nigeria’s richest men added billions in 2026, as Forbes data shows Dangote doubling wealth, pushing top four fortunes to $43bn despite inflation pressures.
Major Nigerian banks have alerted customers that from January 1, 2026, transfers of N10,000+ attract N50 stamp duty payable by the sender and list exemptions.
Nigeria’s Tax ID Portal launches ahead of January 2026 reforms, enabling taxpayers to retrieve 13-digit Tax IDs via NIN or CAC for seamless compliance.
Nigeria’s tax reform will use digital banking data, making accurate transfer narrations crucial to avoid overpayment, audits, penalties, and confusion nationwide.
Starting January 1, 2026, Nigerian banks will charge a N50 stamp duty on electronic transfers of N10,000 and above, excluding salaries and intra-bank transfers.
The Nigerian Exchange (NGX) rose 0.42% on Tuesday, with bargain-hunting lifting the All-Share Index, market capitalisation, and driving gains across major stocks.
The Central Bank of Nigeria has shared its expectation for 2025 and expects the Nigeria’s economy to grow 4.49% in 2026, with inflation easing to 12.94%.
The naira opened the last week of 2025 stronger, gaining against the dollar, pound, and euro, supported by CBN interventions and Minister Wale Edun’s assurances.
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