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LIRS sets January 31st deadline for filing tax returns

LIRS begins enforcement of substitution powers for tax

  • 25th January 2026

External reserves hits $46bn, highest in nearly eght

  • 25th January 2026

UK sets £40bn target for education exports by

  • 23rd January 2026

Cashew industry generates over $400m from export –

  • 23rd January 2026

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LIRS sets January 31st deadline for filing tax returns

LIRS begins enforcement of substitution powers for tax recovery

Business
Tinubu orders NNPC to sell Crude to Dangote in Naira

Tinubu heads to Turkey for strategic state visit Monday

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KLM suspends flights to Dubai, Riyadh, other Middle-East destinations

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Osun govt, APC clash over appointment of new teachers

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Tag: Featured

Smart TVs will eventually offer X's Long-Form Videos - Elon Musk
Business featured

Why Elon Musk lost $35bn in October – Report

The world’s richest man, Elon Musk, witnessed a dramatic decline in wealth in October as he lost a whopping $35 billion, mostly as a result of the falling value of his Tesla shares. According to Forbes, this significant drop in Musk’s wealth had a significant effect on the list of the richest people in the world. […]

Tinubu appoints Olusi as new BoI boss
featured News

Tinubu writes Senate, seeks $7.8bn, €100m loans approval

President Bola Tinubu on Wednesday sought the approval of lawmakers at the Red Chamber for another $7.8bn and another €100m. This is coming barely 24 hours after seeking approval of N2.18tn Supplementary budget. The President’s request was contained in a letter read by the Senate President, GodsWill Akpabi, on Wednesday. The letter from the President […]

Tinubu signs seven bilateral agreements with Qatar
featured News

Defense, works top Tinubu’s 2023 supplementary budget proposal

President Bola Tinubu gave top priority to safeguarding Nigerians and their belongings in his N2.176tn 2023 supplemental budget plan, which was presented to the House of Representatives on Tuesday. Defence received the largest allocation of N476.543bn. The PUNCH reported that this is hardly surprising considering the actions of bandits and other criminal groups in the […]

Gradual removal of old naira notes continues – CBN
Economy featured

CBN debunks naira redenomination plans

The Central Bank of Nigeria on Tuesday, refuted claims that it has plan to redenominate or restructure the naira notes in 2024. The apex bank, in a statement signed by its Director, Corporate Communications, Isa AbdulMumin, said the rumours were misleading. The CBN urged Nigerians to disregard the wide circulation of a text message suggesting […]

featured News

NNPC debunks recruitment exercise

By Wilson Adekumola   The Nigerian National Petroleum Company Limited has debunked reports going viral in recent weeks on social media claiming that it was conducting recruitment exercise.   fake job postings that have been circulating online in recent weeks.   NNPC disclosed this in a statement signed by its management on Monday, stating that […]

Tinubu considering ‘temporary subsidy’ on petrol - Reports
featured News

Tinubu approves presidential CNG initiative

President Bola Tinubu has approved the establishment of the Presidential Compressed Natural Gas Initiative in furtherance of his commitment to easing the impact of fuel subsidy removal on Nigerians by reducing energy costs.   This was contained in a statement issued by the State House on Friday.   The statement read, “This transformative initiative is […]

CBN to rename forex market amidst economic shifts
featured News

CBN denies issuing new policy on Forex

By Wilson Adekumola   The Central Bank of Nigeria has debunked reports going viral on social media and other platforms over new policy actions in the foreign exchange market, saying it was an old release.   The CBN made this known Thursday night in its official X, formerly Twitter handle.   The apex bank disclosed […]

Economy featured

Nigeria’s inflation hits 24.08% – NBS

The National Bureau of Statistics has revealed that Nigeria’s inflation rate rose to 24.08 per cent in July 2023.   This, according to the latest report by the statistics agency, is the highest recorded leap in 2023 and in a while.   In June, inflation was recorded at 22.79 per cent, but has now risen […]

featured Policy and Regulations

Tinubu’s tax committee to stop Customs, MDAs from revenue collection

The Presidential Committee on Tax Policy and Fiscal Reforms is mulling efforts to stop the Nigeria Customs Service and 62 other Ministries, Departments, and Agencies of the Federal Government from collecting direct revenues.   The News Agency of Nigeria reported that the presidential tax committee said the Federal Inland Revenue Service will now collect revenue […]

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