President Bola Ahmed Tinubu has reaffirmed his commitment to supporting initiatives that promote Nigeria’s culture and empower creative talents, highlighting the growing influence of the country’s music and entertainment industry on the continent.

Northern socio-cultural groups and institutions have announced plans to convene a major conference themed “Sixty Years Without the Sardauna”, aimed at reflecting on the legacy of Sir Ahmadu Bello, the Sardaunan Sokoto, and charting a new course for the development of Northern Nigeria.

The President also reiterated his government’s commitment to empowering young Nigerians and strengthening the creative economy.

“VAT has always applied to fees, commissions, and charges for services rendered by banks and other financial institutions under Nigeria’s long-established VAT regime.

The Nigeria Revenue Service (NRS) has clarified that there has been no new imposition of Value-Added Tax (VAT) on banking services, dismissing claims circulating in some media outlets.

President Tinubu, in the message, said: “On this Armed Forces Remembrance and Celebration Day, Nigeria pauses to honour its heroes.

Nigeria’s headline inflation rate dropped to 15.15 percent in December 2025, down 2.18 percentage points from 17.33 percent in November, the National Bureau of Statistics (NBS) has reported.

Nigeria head coach Eric Chelle has admitted his future with the Super Eagles is uncertain following their semifinal defeat to host nation Morocco at the Africa Cup of Nations in Rabat on Wednesday.

The commission did not provide reasons in its report released Thursday, but there were indications that it might be fueled mainly by limited investment and production.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the oil and gas industry regulator, said Nigeria’s oil output, including condensate, dropped by 8.3 percent year-on-year (YoY) to 1.544 million bpd in December 2025 from 1.684 million recorded in the corresponding period of 2024.