By Samuel Okechukwu, The Speaker of Nigeria’s House of Representatives, Hon. Tajudeen Abbas, has formally called on the government of Algeria to consider implementing a visa-free entry policy for Nigerian citizens. The Speaker argues that such a deal is critical to unlocking the immense potential for trade, research, and cultural exchange between the two major […]

By Chidimma Okwara, The Dangote Refinery is at the center of a controversy following an investigative report alleging the importation of Premium Motor Spirit (PMS), commonly known as petrol, with a sulfur content significantly exceeding Nigeria’s regulatory limit. The report, published by Sahara Reporters on October 9, 2025, claims that a shipment of 37,000 metric […]

By Chidimma Okwara, The Dangote Group has consistently reaffirmed its commitment to investing in education, healthcare, and other key social and economic sectors as part of its corporate social responsibility (CSR) and sustainability strategy. The group pledged its commitment to investing in education through scholarship schemes, healthcare and other sectors to boost socio-economic activities in […]

By Kadiri Abdulrahman, for NAN Under President Bola Tinubu’s new tax laws, mediation is expected to play a critical role; hence, the establishment of the Office of the Tax Ombud (OTO). Policy analysts say tax authorities and taxpayers are expected to reap the benefits of new tax legislation as the nation implements a new tax […]

By Chidimma Okwara, The statement, “More than 90% of informal workers too poor to pay taxes,” was made by Mr. Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee in Nigeria. He said that more than 90 percent of Nigeria’s informal sector operators lack the financial capacity to pay taxes. He […]

By Chidimma Okwara, The demolition of the historic Lagos International Trade Fair Complex have sparked a heated political and legal confrontation between former Anambra State Governor and prominent political figure, Peter Obi, and the Lagos State Government. The dispute centers on the Federal Government’s decision, through the Bureau of Public Enterprises (BPE), to hand over […]

By Taiwo Olayemi, for NAN The Federal Government asserts that the new Capital Gains Tax (CGT) regime, enacted under the Nigeria Tax Act (NTA) 2025, will reduce business risks and promote investment by aligning domestic tax practices with global standards and introducing strategic reliefs. The Presidential Committee on Fiscal Policy and Tax Reforms says the […]

By Chidimma Okwara, In a significant move aimed at boosting industrial growth and easing the high cost of production, the Nigeria Customs Service (NCS) and the Manufacturers Association of Nigeria (MAN) have reached a definitive agreement on strategic exemptions from the controversial 4% Free-on-Board (FoB) levy on imports. The decision, which followed high-level consultations between […]

By Chidimma Okwara, A massive demolition exercise carried out by the Lagos State Government at the popular Trade Fair Complex in Ojo has sparked outrage and lamentation among traders. The operation, which commenced on Thursday, September 25, 2025, saw over 19 multi-million naira buildings at the New Mandela Plaza reduced to rubble. The demolition was […]

ByChidimmaOkwara, The National Pension Commission (PenCom) has launched Foreign Currency Pension Contributions (FCY Pension Contributions) Guidelines, a groundbreaking move that allows diaspora Nigerians and foreigners to save for retirement directly in US Dollars ($) under the Contributory Pension Scheme (CPS). This initiative is aimed at reforming the pension landscape, deepening participation, and attracting foreign currency […]