The President’s Fiscal Policy and Tax Reform Committee has rejected a report made by the Minister of State for Finance, Taiwo Oyedele, which stated that he admitted there were errors in Nigeria’s new tax law. In a statement posted on Sunday via X Oyedele’s account, the committee described the report as “misleading” and a misrepresentation of the minister’s comments. “Our …
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Top 10 stories from all Nigerian Newspapers, Sunday, April 12
Here are the top ten stories from across the country 1. Nigeria will revoke the passports of people who renounce their citizenship Minister of Home Affairs, Dr. Olubunmi Tunji-Ojo, has directed the Nigerian Immigration Service (NIS) to immediately revoke the passports of individuals who legally renounce Nigerian citizenship.Read more 2. Wike’s faction takes over the PDP secretariat in Abuja A …
Read More »Tukur Mamu, Ekpa on Nigeria’s sanctions list for terrorism financing
The Federal Government has placed alleged bandit negotiator, Tukur Mamu, leader of the Indigenous People of Biafra faction, Simon Ekoa and 46 others on the sanctions list for alleged financing of terrorism and other crimes. In the latest list posted on the sanctions committee’s website on Saturday, the federal government also listed two senior Islamic State West Africa Province (ISWAP) …
Read More »Oyedele admits errors in Tax Reform legislation
Minister of State for Finance, Taiwo Oyedele, has admitted there were errors in Nigeria’s newly introduced tax reform law. However, he assured that steps had been taken to address the identified problems. Oyedele was speaking at a fireside chat during the 2026 annual conference of the Nigerian Bar Association (NBA) Legal Practice Section. The event, themed “From Policy to Practice: …
Read More »Top 10 stories from all Nigerian Newspapers, Saturday, April 11
Here are the top ten stories from across the country 1. Bwala dissects ADC, citing six issues holding back the party A presidential aide, Daniel Bwala, criticized the structure of the African Democratic Congress (ADC) and its leaders, citing six issues that he said would not allow the party to grow, or make a meaningful impact.Read more 2. INEC postpones …
Read More »NGX ROUNDUP: Market capitalization jumps by N1.36tr as equities boom
Investors gained N1.36 trillion as equity market capitalization soared in the just ended trading week. The market rallied in four trading sessions due to a public holiday on Monday announced by the FG to commemorate Easter Celebrations. The market value increased to N131.1 trillion from N129.8 trillion recorded last week while the All-Share Index (ASI) appreciated by 1.03% to close …
Read More »Bwala dissects the ADC, citing six issues hampering the party
A presidential aide, Daniel Bwala, criticized the structure of the African Democratic Congress (ADC) and its leaders, citing six issues that he said would not allow the party to grow, or make a meaningful impact. This occurred amidst a leadership crisis in the party which caused several factions to emerge and claim control of the party. Bwala stated that ADC’s …
Read More »NGX: Equity capitalization increased by N697 billion as bullish movement continues
Investors in the Nigerian equity market earned N697 billion at the close of trading on Friday. This follows a surge in the prices of shares such as Trans Express, International Breweries and Chams Plc, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 203,770.42 points from 202,672.56 points on the previous trading day. After …
Read More »Tinubu mourns Brigade Commander, soldiers killed in Benisheikh attack
President Bola Tinubu expressed his sorrow over the death of some soldiers of the 29th Task Force Brigade of Operation HADIN KAI who died in a terrorist attack on their camp in Benisheikh, Borno State. The President in a statement on Thursday evening by Bayo Onanuga, his Special Adviser on Information and Strategy commended the bravery and heroism of the …
Read More »10 things to know about BVN CBN’s new rules starting May 1
The Central Bank of Nigeria (CBN) has introduced ten new rules around Bank Verification Numbers (BVN) in a bid to prevent fraud and better protect digital banking processes.The new guidelines, which come into effect from 1 May 2026, will impact how customers log in to their bank’s app for mobile banking, switch devices and manage their banking details. 10 main …
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