4 h. ago Banks to report transactions above N5m monthly under new tax law effective 2026

Tribune Online Banks to report transactions above N5m monthly under new tax law effective 2026 Nigerian banks have been mandated to report all customer accounts with monthly transactions exceeding N5 million to the country’s tax authorities, according to the latest update from the National Orientation Agency (NOA). This directive was part of a sweeping tax reform signed into law, aimed at improving tax compliance, curbing financial irregularities, and aligning Nigeria’s […] Banks to report transactions above N5m monthly under new tax law effective 2026 Tribune Online

Politics

6 h. ago WHO pushes for 50% tax hike on sugary drinks, alcohol, tobacco

The World Health Organisation (WHO) has advised Nigeria and other member countries to raise the prices of sugary drinks, alcohol and tobacco by 50 per cent through taxation over the next 10 years, to help curb rising non-communicable diseases (WHO). The global push was contained in a recent statement published on its website, the United […] The post WHO pushes for 50% tax hike on sugary drinks, alcohol, tobacco appeared first on The Sun Nigeria.

Politics

7 h. ago Constitution review: Nwodo, Ezea, others renew push for Adada state

From Jude Chinedu, Enugu Former President General of Ohanaeze Ndigbo, Chief Nnia Nwodo, Senator Okey Ezea and other prominent Igbo leaders have renewed calls for the creation of Adada State from the present Enugu State, insisting that it was the most qualified proposed state in the South East. They made the call during the South […] The post Constitution review: Nwodo, Ezea, others renew push for Adada state appeared first on The Sun Nigeria.

Politics

10 h. ago 2027: Tinubu’s ‘Incompetence’ Behind My Renewed Push To Be President — Obi

Labour Party’s 2023 presidential candidate, Peter Obi, has said that the incumbent President Bola Tinubu’s “incompetent leadership” was the driving force behind his renewed push to contest Nigeria’s highest office in the 2027 general election. Obi disclosed this on Sunday evening during an interview on Channels Television’s ‘Sunday Politics’ programme, where he criticised the current […]

Politics

12 h. ago Constitution review: Nwodo, Ezea, others renew push for Adada state creation

From Jude Chinedu, Enugu Former President General of Ohanaeze Ndigbo Worldwide, Chief Nnia Nwodo, Senator Okey Ezea, and other prominent Igbo leaders have renewed calls for the creation of Adada State from the present Enugu State, insisting it is the most qualified proposed state in the South East. They made the call during the South […] The post Constitution review: Nwodo, Ezea, others renew push for Adada state creation appeared first on The Sun Nigeria.

Politics

13 h. ago FG approves tax incentives for research, development of local raw materials

The Raw Materials Research and Development Council (RMRDC) has received approval to implement guidelines for tax incentives targeted at fostering read more FG approves tax incentives for research, development of local raw materials

Politics

14 h. ago PWDs call on Adamawa First Lady to push for Disability Rights Commission

No fewer than 600,000 members of the Persons with Disabilities (PWDs) community in Adamawa State have called on Lami Ahmadu read more PWDs call on Adamawa First Lady to push for Disability Rights Commission

Politics

25 h. ago Doubt thickens over National Assembly’s ability to deliver credible Electoral Act

…As Nigerians fear beneficiaries of flawed system may not genuinely push reform With less than two years until the 2027 read more Doubt thickens over National Assembly’s ability to deliver credible Electoral Act

Politics

63 h. ago Nigeria’s internet usage hits new record despite 50% tariff hike

Internet usage in Nigeria surged to a new all-time high of 1,043,431.98 terabytes (TB) in May 2025, surpassing the previous read more Nigeria’s internet usage hits new record despite 50% tariff hike

Politics

64 h. ago US to start sending out tariff letters to trade partners — Trump

Tribune Online US to start sending out tariff letters to trade partners — Trump Trump also has set a deadline of 9 July for negotiations over import tax rates as countries scramble to reach deals. US to start sending out tariff letters to trade partners — Trump Tribune Online

Politics

68 h. ago Constitution Amendment: Mbah Pushes For State Creation, Rotational President

Enugu State Governor, Dr. Peter Mbah, has called for constitutional reforms, including a new South-East state, rotational presidency, and state police to promote equity and enhance national security. Mbah made the call on Thursday while receiving the Senate Constitution Amendment Committee at the Enugu Government House ahead of a weekend public hearing. He stressed that […] The post Constitution Amendment: Mbah Pushes For State Creation, Rotational President appeared first on Information Nigeria.

Politics

3 d. ago US: House narrowly passes Trump’s tax, spending bill in 218–214 vote

Tribune Online US: House narrowly passes Trump’s tax, spending bill in 218–214 vote After the bill passed, Trump praised the outcome. “This is a major victory,” he said. US: House narrowly passes Trump’s tax, spending bill in 218–214 vote Tribune Online

Economics

3 d. ago Constitution Amendment: Mbah Pushes For State Creation, State Police, Rotational President

Enugu State governor Dr. Peter Mbah has called for the creation of an additional state in the Southeast to make it equal to the other six geopolitical zones. Mbah also advocated for a rotational presidency and state police to give every part of the country a sense of belonging and better secure the nation. He […]

Politics

3 d. ago Nigeria champions enhanced West African air connectivity at WAES 2025

•Pushes to dismantle trade barriers   By Chinelo Obogo     talktonelo@yahoo.com   When African leaders convened in Abuja for the inaugural West Africa Economic Summit (WAES) in June, the spotlight was on the structural and policy bottlenecks that have long hindered the full potential of intra-regional trade across the subcontinent. At the summit themed; “Unlocking […] The post Nigeria champions enhanced West African air connectivity at WAES 2025 appeared first on The Sun Nigeria.

Politics

3 d. ago Trump wins major victory as House passes $3.4trn tax and spending bill

President Donald Trump has secured a major political victory after the House of Representatives passed a massive $3.4 trillion fiscal read more Trump wins major victory as House passes $3.4trn tax and spending bill

Economics

3 d. ago Jeffries breaks House speech record as Trump’s sweeping tax and spending bill passes by narrow margin

In a dramatic night on Capitol Hill, House Minority Leader Hakeem Jeffries, Democrat, delivered the longest floor speech in the read more Jeffries breaks House speech record as Trump’s sweeping tax and spending bill passes by narrow margin

Economics

3 d. ago Over 11,000 govt projects abandoned between 1971–2011 — Tinubu’s aide

Tribune Online Over 11,000 govt projects abandoned between 1971–2011 — Tinubu’s aide Nigeria’s push for industrial development has been tragically undermined by decades of systemic failure, institutional decay, and the abandonment of over 11,000 government projects between 1971 and 2011, according to Professor Banji Oyelaran-Oyeyinka, Senior Special Adviser to the President on Industrialisation at the African Development Bank (AfDB). Delivering a keynote address at the 55th Anniversary […] Over 11,000 govt projects abandoned between 1971–2011 — Tinubu’s aide Tribune Online

Politics

3 d. ago WHO urges Nigeria, others to raise prices of sugary drinks, alcohol, tobacco by 50%

From Idu Jude, Abuja The World Health Organisation (WHO) has advised Nigeria and other member countries to increase the prices of sugary drinks, alcohol, and tobacco by 50% through taxation over the next 10 years to curb the rising prevalence of non-communicable diseases (NCDs). In a statement published on its website, the United Nations health […] The post WHO urges Nigeria, others to raise prices of sugary drinks, alcohol, tobacco by 50% appeared first on The Sun Nigeria.

Politics

3 d. ago WHO Launches Global Push For 50% Tax Hike On Tobacco, Alcohol, Sugary Drinks 

The World Health Organisation (WHO) has unveiled a bold new initiative urging countries to raise the real prices of tobacco, alcohol, and sugary drinks by at least 50% through targeted health taxes by 2035. The initiative, dubbed “3 by 35”, aims to combat the rising toll of noncommunicable diseases (NCDs), ease pressure on overburdened health […]

Politics

4 d. ago The federation’s fiscal fault line: How Nigeria’s VAT system rewards dependency and punishes productivity

In the grand theatre of Nigerian federalism, few performances are as revealing as the quarterly distribution of value-added tax revenues. read more The federation’s fiscal fault line: How Nigeria’s VAT system rewards dependency and punishes productivity

Politics