By Emma Ujah, Abuja Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Shehu, has said the implementation of new tax laws, starting January 1, 2026, will reduce the burden of compliance and create a more predictable fiscal environment. Shehu made this remark at the National Stakeholders’ Discourse themed “Enhancing Fiscal Efficiency and […]

•As consumption hits 52.1m litres By Ediri Ejoh 7 The supply of Premium Motor Spirit (PMS), also known as petrol, increased to 71.5 million litres per day in November 2025 from 46million litres per day in October, indicating an increase of 55 per cent. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said the volume […]

Emma Ujah, Abuja Bureau Chief The Debt Management Office (DMO) has urged state governments to strictly comply with the provisions of the Fiscal Responsibility Act and other relevant laws in their borrowing activities. Director-General of the DMO, Ms. Patience Oniha, gave the charge at a workshop on borrowing guidelines for officials of state governments, held in […]

By Peter Egwuatu The Securities and Exchange Commission, SEC has directed  capital market operators  to renew their registration from January 1 to 31, 2026. In a bid to make the process as seamless as possible,  the Commission also disclosed that it will commence electronic receipt and processing of applications for registration and updates of registration information in […]

*As Foreign Direct Investment rises 140% By Elizabeth Adegbesan  Nigeria’s capital importation fell   by 62 percent month-on-month, MoM, to $1.13 billion in August from $2.98 billion in July 2025. Nigeria’s Foreign Direct Investment,   FDI, increased by 140 percent, MoM, to $120 million in August 2025 from $50 million in the previous month. The Central Bank of […]

The Chairman of Nsukka Local Government Area of Enugu State, Chief Jude Asogwa, has distributed 20,000 bags of rice to residents of the area for the Christmas celebration.

By Luminous Jannamike ABUJA – The Peoples Redemption Party (PRP) has raised serious concerns over alleged post-passage alterations to Nigeria’s tax laws, warning that any interference with legislation approved by the National Assembly would constitute a grave violation of the Constitution and a threat to democratic governance. The party’s position was contained in a statement […]

By Shina Abubakar, Osogbo In a bid to ensure transparency in the finance of local government administration in Osun State, the Chairman of Irepodun Local Government Council Area, Barr Adegoke Ogunsola, has presented before the legislative arm, a budget estimate of N5.8billion for the 2026 fiscal year. This as the Chairman of Olorunda Local Government […]

THE Alaafin of Oyo, Oba Abimbola Owoade I, has raised the dust over chieftaincy titles bearing the name ‘Yorubaland’, saying it can only be conferred by the throne of Oyo.

By Peter Duru Makurdi— Troops of the Forward Operating Base (FOB) Wukari, operating under the 6 Brigade of the Nigerian Army and Sector 3 of Operation Whirl Stroke (OPWS), have arrested a notorious bandit leader, identified as Fidelis Gayama, linked to several kidnapping and armed robbery incidents along the Benue-Taraba axis. Acting Assistant Director, Army […]