Daily Record

Sokoto Vows To Ensure Due Process In Public Procurement

The Sokoto State Government has reaffirmed its commitment to strict compliance with public procurement standards and due process in the award of contracts, as part of efforts to ensure value for money and strengthen the fight against corruption. The newly posted Executive Secretary of the State Bureau for Public Procurement, …

Read More »

Updated: Peter Obi Quits LP, Joins ADC

The presidential candidate of the Labour Party in the 2023 general elections, Mr Peter Obi, Wednesday, defected to the African Democratic Congress, ADC. Obi announced his defection during a conference in Enugu. He vowed to resist election rigging with his new party during the 2027 general elections. According to him, …

Read More »

Banks to charge ₦50 stamp duty fee from January 1

Following the implementation of the Tax Act, banks will begin charging a ₦50 stamp duty on electronic transfers of ₦10,000 and above from January 1, 2026. The charge, officially known as the Electronic Money Transfer Levy (EMTL), is a single, one-off ₦50 fee applied to electronic receipts or transfers of …

Read More »

How Nigeria’s New Tax Law Could Redefine Risk in the Banking Sector

By BLAISE UDUNZE Nigeria’s new tax identification portal goes live nationwide tomorrow, Friday, January 1, 2026, marking a pivotal moment in the country’s fiscal and financial governance. Designed to modernise tax administration and strengthen taxpayer identification, the reform reflects a decisive shift in economic strategy by a government grappling with …

Read More »

AFRIMA unveils multi-talented entertainer, FalzTheBahdGuy, French-Senegalese Actress, Liliane Maroune, as Hosts of 9th Edition

The All Africa Music Awards (AFRIMA) has officially unveiled Nigerian rapper and actor, FalzTheBahdGuy and French-Senegalese actress and media personality, Liliane Maroune as hosts of the 9th edition of the awards. The 9th AFRIMA, organised by the International Executive Committee of AFRIMA in conjunction and the African Union Commission in …

Read More »