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BY BLAISE UDUNZE Nigeria’s economy will be experiencing yet another round of reform; after the new tax implementation, the banking sector recapitalisation exercise will begin within less than three months until the March 31, 2026, deadline. The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, disclosed that 27 banks have …

Justice Emeka Nwite of a Federal High Court sitting in Abuja, on Tuesday, made an order remitting the case file of the Bauchi State Commissioner of Finance, Yakubu Adamu, back to the Chief Judge of the court for reassignment. The Commissioner is standing trial along with others over complicity in …

  Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, says that his role in implementing Nigeria’s tax reforms has exposed him to life-threatening situations. Oyedele made the disclosure on Tuesday in Abuja while speaking at a governance colloquium held to mark the 50th birthday of …

  Visa applicants from Nigeria, Brazil and over 70 other countries will face a temporary halt in processing at U.S. embassies and consulates. The suspension stems from new directives issued in Washington designed to tighten immigration controls over concerns about reliance on public welfare. The U.S. Department of State has …

Senator Ned Nwoko has released what his team described as a detailed account of events surrounding allegations recently made by his wife, Regina Daniels, including excerpts from a WhatsApp message dated October 17 and references to medical and therapy records. In a statement issued on Sunday by the Senator Ned …

The federal government says it has inaugurated a N40 billion closed-circuit television (CCTV) control centre for the Third Mainland Bridge in Lagos. In 2025, Minister of Works David Umahi announced the installation of surveillance cameras on the bridge, noting that the move was aimed at preventing suicide attempts. At the …

According to the EFCC chairman, Bello allegedly transferred money directly from the Kogi State Government’s account to a bureau de change and used the funds to pay $720,000 as advance school fees for his child. The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has accused the …

Lagos, Nigeria, has once again come alive as 1,216 artistes, delegates, and members of the production team converge in the city for the 9th edition of the All Africa Music Awards (AFRIMA). The figure was announced at the Welcome Soirée for nominees and guests held at the Residence of the …

The Lagos State Government has officially welcomed Africa and the global music community as the 9th edition of the All Africa Music Awards (AFRIMA) kicked off in Lagos, Nigeria. The Africa’s global music celebration holds from January 7 to 11, 2026, as the cultural fiesta commenced on Wednesday with a …

BY BLAISE UDUNZE As the new economic year begins in Nigeria, statements and policies emanating from government officials’ corridors project cautious optimism. One of the official narratives that expresses renewal of hope and confidence is the projection from the Central Bank of Nigeria (CBN) that the economy is expected to …