Business
CITN Clarifies: Bank Balances Won’t Be Taxed, Only Certain Transfers Attract ₦50 Charge
Nigeria’s Chartered Institute of Taxation has clarified that money sitting in bank accounts will not be taxed. Instead, a ₦50 stamp duty will...
U.S. Expands Visa Bond Requirement, Nigerians and Citizens of 37 Other Countries May Need Up to $15,000 Before Visiting
The United States government has introduced an expanded visa bond policy that could require Nigerians and nationals from several other countries to post...
Dangote Refinery Debunks Shutdown Rumours, Says 50m Litres of Petrol Produced Daily
Dangote Petroleum Refinery has dismissed media reports claiming it plans to shut down operations for maintenance, describing them as false and misleading. In...
New ₦590bn Power Bond Promises Relief for Gas Suppliers
The Federal Government’s recent issuance of a ₦590 billion sovereign bond is offering renewed hope to gas suppliers in Nigeria’s electricity sector as it...
NAMA Confirms Safe Air Travel Amid Harmattan Visibility Challenges
The Nigerian Airspace Management Agency (NAMA) has assured the public that air travel in Nigeria remains safe and fully operational despite the current...
Fidelity Bank Appoints Amaka Onwughalu as New Board Chairman as Chike‑Obi Steps Down
Fidelity Bank Plc has announced a leadership change at the helm of its board following the completion of Mr. Chike‑Obi’s tenure as Board...
Lagos Hotel Prices Soar to ₦205,534 Amid Tight Supply and High Demand
Hotel room prices in Lagos have surged to an average of ₦205,534 per night, marking an all‑time high as business and corporate travel...
FTSE 100 Breaks 10,000-Point Barrier in Historic London Market Surge
London’s flagship stock index, the FTSE 100, surged beyond the 10,000‑point mark for the first time on the opening trading day of 2026, underscoring...
