News

CIG Motors Co. Ltd has announced the immediate termination of the appointment of its Executive Director, Jubril Arogundade(@JubrilofLagos), following internal investigations that uncovered issues relating to financial misappropriation and abuse of authority. In a statement made available to Nairametrics, the company said the decision followed a period of suspension and …

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, …

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 …

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 …

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 …

The sharp decline immediately translated into uneven power allocation across the country. Nigeria’s fragile electricity system slipped into emergency mode on Monday after a collapse of the national grid sharply curtailed power generation and left most distribution companies without supply. Data obtained from the Nigerian Independent System Operator (NISO) showed …

Ogungbemide said the injured victim was evacuated to a medical facility for treatment, while the remains of the deceased were deposited at Livewell Morgue, Ajaka, Sagamu. The Federal Road Safety Corps (FRSC) has attributed the fatal road traffic crash involving Nigerian-British boxing champion, Anthony Joshua, along the Lagos–Ibadan Expressway to …

In a post on his X (formerly Twitter) account on Sunday, Sowore accused Trump of deceiving Nigerians and the world while portraying himself as a defender of Christians in Nigeria. Former presidential candidate and human rights activist Omoyele Sowore has criticised United States President Donald Trump, describing him as a …

Anthony Joshua was involved in a road accident in Makun, Ogun State on Monday morning. According to reports, the incident occurred along the Lagos-Ibadan expressway around past 11am on Monday afternoon. The vehicle carrying Joshua, a Lexus Jeep with the number plate, KRD 850 HN, reportedly collided with a stationary …

The University of Nigeria, Nsukka has appointed globally-renowned writer Chimamanda Adichie, African Development Bank executive, Prof. Kevin Urama, and Prof. James Robinson of the University of Chicago as Visiting Professors, in a move aimed at repositioning the institution on the global academic stage. The appointments, approved by the Vice-Chancellor, Prof. …