Abuja, Nigeria – June 30, 2025 The Federal Government has officially unveiled sweeping tax and Value Added Tax (VAT) reforms, set to take effect in 2026, aimed at reducing the tax burden on low-income earners, increasing transparency in financial transactions, and restructuring VAT distribution across the three tiers of government. The reforms, announced through the
Nigeria has taken major strides toward exiting the Financial Action Task Force (FATF) grey list, as government agencies and financial regulators intensify efforts to strengthen the country’s anti-money laundering and counter-terrorism financing framework. This progress was revealed following ongoing evaluations by international financial oversight bodies, which acknowledged Nigeria’s recent reforms and improved compliance with FATF’s
The Nigerian Education Loan Fund (NELFUND) has confirmed the disbursement of over ₦38.2 billion in verified institutional charges, directly benefiting 366,247 students across 206 accredited tertiary institutions in the country. This milestone underscores NELFUND’s unwavering commitment to ensuring transparency, efficiency, and impact in the implementation of its student loan scheme, which forms a vital component
The Federal Government has intensified efforts to lift millions of Nigerians out of poverty through the National Poverty Reduction with Growth Strategy (NPRGS), a comprehensive empowerment initiative under the Office of the Senior Special Assistant to the President on Technical, Vocational and Entrepreneurship Education (OSSAP-TVEE). As part of the scheme, beneficiaries across the country will
The Board, Management, and entire staff of Jaiz Bank Plc have expressed deep sorrow over the passing of Alhaji Dr. Aminu Alhassan Dantata, CON, widely revered as a national beacon of philanthropy, humility, and Islamic faith. In a condolence message issued by the bank, the late elder statesman was described as a “towering figure whose
A mild drama ensued at the national headquarters of the Peoples Democratic Party (PDP) in Abuja on Thursday during the party’s National Executive Committee (NEC) meeting, as police operatives reportedly manhandled and arrested one of the party’s workers. Eyewitnesses said the incident occurred outside the main conference hall where the high-level meeting was ongoing. The
Households across Nigeria are increasingly feeling the pressure of rising cooking gas prices, with a recent market analysis revealing stark variations in cost across the country. The latest data for April 2025 shows that some states are bearing the brunt of the spike more than others, significantly impacting household budgets and forcing families to adjust
Madina, Saudi Arabia – June 30, 2025 A high-level delegation from the Federal Government of Nigeria has arrived in the Kingdom of Saudi Arabia to participate in the funeral rites of the late business icon and elder statesman, Alhaji Aminu Alhassan Dantata. The delegation’s arrival comes ahead of the Janazah (funeral prayer), scheduled to hold
Vieux Fort, Saint Lucia – June 30, 2025 President Bola Ahmed Tinubu of Nigeria and Prime Minister Philip J. Pierre of Saint Lucia have jointly expressed strong commitment to establishing formal diplomatic relations between their two countries. This declaration was made during President Tinubu’s official state visit to the Caribbean nation, the first by a
Abuja, Nigeria – June 2025 The Deputy National Chairman (North) of the All Progressives Congress (APC), Alhaji Ali Bukar Dalori, has officially assumed office as the Acting National Chairman of the party. His assumption follows the temporary exit of the substantive National Chairman, Dr. Abdullahi Umar Ganduje, who is currently facing legal and party-related proceedings.
