30.9 C
Lagos
Thursday, December 18, 2025

CATEGORY

Business

Explaining the comprehensive framework of the Tax ID

By Arabinrin Aderonke Atoyebi In recent debates about Nigeria’s tax reforms, a widespread misconception has taken root: that citizens without a Tax Identification Number (TIN)...

New law requires Nigerians to obtain Tax ID to operate bank accounts, run businesses by 2026

Starting January 1, 2026, Nigerians will be unable to open or operate bank accounts, conduct business, or access key financial services without a Taxpayer...

NUPENG suspends strike after DSS-Brokered agreement with Government and Labour

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has officially called off its strike following a truce brokered by the Department of...

FCT Minister approves N5m penalty for land use violations…payment within 30 days

Press Release Federal Capital Territory (FCT), Minister, Barr. Ezenwo Nyesom Wike, has approved the payment of five million Naira as a penalty for land-use violations...

Persistent power outages, water crisis: Sack all power sector investors now – University don

●●Warns against water sector privatisation A university don, Professor Hosea Mande of Kaduna State University, has called on the Federal Government to urgently review or...

Court slams N85m fine against Zenith Bank for freezing customer’s account with invalid court order 

A HIgh Court of the Federal Capital Territory (FCT) has imposed a fine of N85million against the Zenith Bank and the Nigeria Police Force...

Lagos court affirms Ogunba as Receiver/Manager of Ikeja Disco

A Federal High Court judge in Lagos, Justice Akintayo Aluko, has endorsed the appointment of Kunle Ogunba, SAN, as Receiver/Manager over Ikeja Electricity Distribution...

Senate gives NNPC three weeks to account for ₦210 trillion in audit discrepancies

The Senate Committee on Public Accounts has issued a three-week ultimatum to the Nigerian National Petroleum Company Limited (NNPC Ltd) to respond to a...

SERAP, others sue Tinubu government over withheld NDDC forensic audit report

The Socio-Economic Rights and Accountability Project (SERAP), along with four concerned Nigerians, has filed a lawsuit against President Bola Tinubu’s administration over its failure...

Food prices continue rise in June though annual inflation drops

Food price continue to rise in June though annual inflation drop Food prices in Nigeria rose in June 2025, with month-on-month food inflation climbing to...

Latest news