Starting from January 2026, all financial institutions operating in Nigeria will be mandated to report customer accounts with monthly transactions of ₦5 million and above to the Federal Inland Revenue Service (FIRS), as part of the Federal Government’s effort to enhance transparency and widen the tax net. This directive, which comes under the evolving tax
Veteran actor turned politician and legal practitioner, Kenneth Okonkwo, has revealed that he will throw his weight behind a northern candidate in the 2027 presidential election, a significant shift from his previous political alignment. The former spokesperson of the Labour Party Presidential Campaign Council, who is now a member of the African Democratic Congress (ADC),
Global (July 9, 2025) — Google has begun rolling out a new “Manage Subscriptions” feature in Gmail designed to help users easily review and unsubscribe from promotional emails. This tool, accessible from the navigation bar via the “Manage subscriptions” menu, provides a one-stop view of active mailing lists and newsletter subscriptions. From today, the feature is
Abuja, July 9, 2025 — The Federal Government has issued more than 3.5 million passports in under two years, while saving over ₦1 billion annually through strategic reforms, Minister of Interior Dr. Olubunmi Tunji‑Ojo announced today. The minister revealed these achievements during the inauguration of the Ministry’s new passport front‑office in Abuja. Since August 2023, 3,080,141 passports were
In a major legal development that could have far-reaching implications for the structure of the American civil service, the Supreme Court of the United States has lifted a lower court ruling that previously blocked former President Donald Trump’s plan to execute mass layoffs within the federal bureaucracy. The decision paves the way for a potential
Cairo, July 9, 2025 — Africa’s premier trade finance institution, Afreximbank, has recently been hit by two consecutive credit rating downgrades that have sparked intense debate between development-driven priorities and strict global financial metrics. Moody’s on July 1 downgraded Afreximbank’s long-term issuer rating from Baa1 to Baa2, citing concerns over weaker asset performance and a shift
Abuja, July 9, 2025 — The U.S. Department of State has revised its visa policy for Nigerian citizens, effective immediately, significantly tightening terms for most non‑immigrant, non‑diplomatic visas. Under the new directive, applicants will now receive single-entry visas valid for just three months, a drastic change from the previous multiple-entry arrangements spanning years . The policy shift
Abuja, July 9, 2025 — The Federal Ministry of Humanitarian Affairs & Poverty Reduction convened with the National Association of Small & Medium Enterprises (NASME) in Abuja today to formalize collaboration aimed at boosting economic resilience and aiding vulnerable populations through targeted SME interventions. During the meeting, key representatives from both agencies explored opportunities to:
Mokwa, Niger State, July 9, 2025 — Operatives of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested nine individuals, including five Chinese nationals and four Nigerians, for engaging in illegal mining activities in Kaniyan Village, located in Mokwa Local Government Area of Niger State. The suspects were apprehended following
Kaduna, July 9, 2025 — Justice Amina Bello of the Kaduna State High Court has convicted and sentenced one Zeal Abraham to two years imprisonment for impersonation and internet fraud involving $200. The conviction followed a one-count charge brought against him by the Economic and Financial Crimes Commission (EFCC), Kaduna Zonal Directorate. Abraham, who operated
