Starting January 2026, Nigerian banks will be required to report customer accounts with monthly transactions exceeding ₦5 million to the Federal Inland Revenue Service (FIRS) and other relevant tax authorities.
The African Democratic Congress (ADC) has taken a significant step in its efforts to establish a strong presence in Jigawa State with the inauguration of Alh. Ahmed Mahmud Gumel as
The International Monetary Fund (IMF) has approved Ghana’s fourth review under the Extended Credit Facility (ECF) program, unlocking a $370 million disbursement to support the country’s economic recovery efforts. This
After Nigeria’s 3-0 win over Tunisia in their opening game of the African Women’s Cup of Nations, Coach Justine Madugu expressed satisfaction with the victory but emphasized the need for
In a significant development, EU ministers are poised to grant final approval on Tuesday for Bulgaria’s adoption of the euro, slated for January 1, 2026. This milestone would mark Bulgaria’s
The Olubadan of Ibadanland, Oba Owolabi Olakulehin, has passed away at the age of 90. He died in the early hours of Monday, July 7, 2025, amid celebrations marking his
President Donald Trump has announced that Nigeria, along with other countries aligning with the BRICS bloc, will face an additional 10% tariff. Trump described BRICS policies as “anti-American” in a
In a bold move, the Nigeria Labour Congress (NLC) has announced plans for a nationwide mass action in response to the escalating cost-of-living crisis, rising insecurity, and what they describe
In a surprising turn of events, Rivers State Governor, Nyesom Wike, has come out swinging against former Anambra State Governor, Peter Obi. Speaking at a church gathering today, Wike dismissed
A US court has sentenced Edward Oluwasanmi, a Nigerian pastor, to 27 months in prison for defrauding the US government of $4.2 million in COVID-19 relief funds. This development serves
