The National Assembly has ordered the re-gazetting of the tax laws and the issuance of Certified True Copies (CTCs) of the versions duly passed by both chambers, following the ongoing controversy regarding alleged discrepancies in Nigeria’s gazetted tax laws.The legislative arm said this is part of an ongoing institutional review
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Former Vice President Atiku Abubakar has queried alleged alteration of Nigeria’s tax laws after they were passed by the National Assembly and before they were signed into law by President Bola Tinubu.Atiku, a chieftain of the African Democratic Congress (ADC), described the alleged “illegal and unauthorised alterations” as “a brazen
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The Economic and Financial Crimes Commission (EFCC) has filed a 16-count charge before the Federal High Court in Abuja against a former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, his son Abubakar Abdulaziz Malami, and an associate, Hajia Bashir Asabe, over alleged money laundering and unlawful
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The Federal Government on Monday, declared Dec. 25; Dec. 26 and Jan. 1, 2026, as public holidays to mark the Christmas, Boxing Day and New Year celebrations.The Minister of Interior, Dr. Olubunmi Tunji-Ojo, gave the announcement in a statement by Permanent Secretary, Ministry of Interior, Dr Magdalene Ajani, in Abuja.Tunji-Ojo
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Dangote Petroleum Refinery has commenced nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre across all MRS Oil Nigeria Plc filling stations. This move represents a significant milestone in the refinery’s mission to deliver affordable fuel to Nigerians and stabilize the downstream petroleum market.
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The National Agency for Food and Drug Administration and Control (NAFDAC) has declared the Indomie Brand Noodles (Vegetable Flavour) product unsafe for consumption and ordered its immediate mop-up nationwide following a safety recall by foreign regulators.In Public Alert No. 041/2025, published on Friday, the agency said French consumer safety authority
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Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms has dismissed claims that tax authorities will directly debit Nigerians’ bank accounts for unpaid taxes, clarifying that neither existing tax laws nor the new consolidated tax framework permits such actions without due legal process.The clarification follows a
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President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has accused the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, of spending millions of dollars on his children’s foreign education.On Sunday, Mr Dangote accused Mr Ahmed of economic sabotage, which he said
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Nigeria’s inflation battle recorded a major breakthrough in November 2025 as headline inflation eased to 14.45 percent, the lowest level in five years and below President Bola Tinubu’s 15 percent target, reinforcing signs that price pressures are steadily retreating after years of persistent acceleration.The National Bureau of Statistics (NBS) disclosed
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The Central Bank of Nigeria, CBN has removed the limit on cash deposit and raised the weekly cash withdrawal limits across all channels to N500,000 from N100,000.The apex bank disclosed this in a circular to all banks titled, "Revised Cash-Related Policies", signed by Dr. Rita Sike, Director, Financial Policy &
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