Small Businesses, Civil Society Groups Oppose Planned Electricity Tariff Increase
Small business owners and civil society organizations have rejected the proposed electricity tariff increase, arguing it lacks proper justification or fairness. The Federal Government recently announced plans to adjust tariffs…
World Bank Approves $2.2 Billion in New Loans for Nigeria’s Development Projects
The federal government will receive $2.2 billion in fresh loans from the World Bank to fund critical development projects. According to the World Bank’s project list, the funding will support…
FCT-IRS Generates N262 Billion in Tax Revenue from Abuja Residents in 2024
The Federal Capital Territory Internal Revenue Service (FCT-IRS) reported N262 billion in Internally Generated Revenue (IGR) for 2024. Additionally, the agency collected N43.8 billion in taxes in January 2025, marking…
FCCPC Orders MultiChoice Nigeria to Maintain Subscription Prices Amid Investigation
The Federal Competition and Consumer Protection Commission (FCCPC) has instructed MultiChoice Nigeria to halt price hikes. This directive follows MultiChoice's request for an extension regarding its scheduled appearance before the…
FG Dismisses Claims of Inheritance Tax Reintroduction in New Tax Bills
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, confirmed inheritance tax is not included. Speaking at a House Committee on Finance hearing, he explained that…
Tinubu’s Tax Policies Will Kill Free Trade Zones, Operators Warn
The proposed tax reform bills under President Bola Tinubu’s administration have sparked controversy, with stakeholders warning that Nigeria’s Free Trade Zones (FTZs) face extinction. Tony Elegbede, Secretary of the Nigeria…
Tpl. Queen Philips Inaugurated as NITP FCT Chair, Pledges Enhanced Professionalism and Collaboration
... Housing TV Africa Hails Tpl Lami Ayuba for Successful Tenure, Congratulates Tpl Philips on Inauguration ... As Stakeholders Welcome Tpl Philip's Visionary Leadership In a ceremony marked by a…
Nigeria’s Banking Fraud Soars from N11bn to N52bn in Four Years – NIBSS
Fraudulent transactions in Nigeria’s banking sector have tripled over four years, rising from N11 billion to N52 billion. Statistics from the Nigeria Inter-Bank Settlement System (NIBSS) show that N52.3 billion…
Obasa Set to Return as Lagos Assembly Speaker After Impeachment
Hon. Mudashiru Ajayi Obasa, impeached as Speaker of the Lagos State House of Assembly on January 13, 2025, is returning. Our source confirms his security details have been restored, while…
FG Owes GenCos, DisCos Over N4 Trillion in Electricity Subsidies – Adelabu
The Minister of Power, Adebayo Adelabu, disclosed that the federal government owes GenCos and DisCos over N4 trillion in subsidies. He explained that the debt burden has significantly hampered the…