Experts Demand Inter-Agency Collaboration As FG Halts Guidelines On New Tax Laws
Experts at the 2026 Economic Outlook organised by the Institute of Chartered Accountants of Nigeria (ICAN) have called for stronger inter-agency engagement in the implementation of the new tax reform laws to ensure effective execution!-->!-->!-->…
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Nigeria’s Power Crunch Deepens as Only 38% of Capacity Available in December
Nigeria’s electricity supply challenges persisted into December 2025 as just 38 per cent of the country’s installed power generation capacity was available for dispatch, underscoring deep structural weaknesses in the power sector!-->!-->!-->…
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NERC Okays Gombe State Electricity Regulatory Commission
Governor Inuwa Yahaya
The Nigerian Electricity Regulatory Commission (NERC) has issued an order to transfer regulatory oversight of the electricity market in Gombe State from the commission to the Gombe State Electricity Regulatory!-->!-->!-->…
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JUST IN: Nigerians to pay 7.5% VAT on bank transfers, USSD transactions from January 19
Nigerians will begin paying a 7.5 percent Value Added Tax (VAT) on selected banking services, including mobile bank transfers and USSD transactions,from January 19, 2026, following a new regulatory directive backed by the Federal!-->!-->!-->…
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JUST IN: ‘Few Changes Won’t Hurt Nigerians’ – FG Drops Fresh Details On New Tax Laws
The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, has said that the few changes made to Nigeria’s newly enacted tax laws would not have any major impact on their core provisions.
Oyedele made this assertion amid!-->!-->!-->!-->!-->…
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2026 Budget: FG Proposes N1.096trn for Capital Projects As REA Tops With N502bn
The Federal Government has proposed a total of N1.096 trillion for the execution of capital projects in the power sector in the 2026 Appropriation Bill, with the highest allocation of N502.21 billion to the Rural Electrification Agency!-->!-->!-->…
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Three bank mergers loom ahead of recapitalisation deadline – Report
File: CBN building
Three bank mergers are anticipated early this year as lenders scramble to comply with the Central Bank of Nigeria’s new minimum capital requirements before the 31 March 2026 recapitalisation deadline.
This!-->!-->!-->!-->!-->…
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AA Rano unveils Nigeria’s first fully automated, unmanned fuel stations
*AA Rano fully automated, unmanned fuel stations.
AA Rano Nigeria, a leading downstream petroleum marketing company, has unveiled Nigeria’s first fully automated and unmanned fuel stations, signalling a major step in the digital!-->!-->!-->…
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TCN extends outage, dashes hopes of power restoration in Taraba
Hopes of restoring electricity supply to Jalingo and other parts of Taraba State on Tuesday have been dashed following the decision of the Transmission Company of Nigeria (TCN) to extend the ongoing planned outage on the Yola–Mayo!-->!-->!-->…
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NERC Reports 5.35 million Unmettered Customers
Nigerian Electricity Regulatory Commission (NERC)
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 5.36 million electricity customers nationwide remain without meters, a situation that exposes them to!-->!-->!-->…
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