Tinubu Unveils Nigeria–UAE CEPA at sustainability Summit
By Oluwakemi Kindness President Bola Tinubu has announced that Nigeria and the United Arab Emirates (UAE) have concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA). Speaking at 2026 Abu Dhabi Sustainability Week, the President described the agreement as a milestone that will usher in a new era of bilateral relations, particularly in renewable energy, […]
Customs Tightens Control on Courier Imports Under DDP
By Oluwakemi Kindness The Nigeria Customs Service (NCS) has commenced the implementation of a new Standard Operating Procedure (SOP) for courier companies operating under the Delivered Duty Paid (DDP) regime. The new Standard Operating Procedure (SOP) aims at tightening controls on courier imports and preventing revenue leakages. Announcing the development on Monday in a statement, […]
NAICOM: NIRA 2025 Establishes Policyholders’ Protection Fund to Safeguard Consumers
By Oluwakemi Kindness The National Insurance Commission (NAICOM) says the Nigerian Insurance Industry Reform Act (NIRA) 2025 provides for the establishment of an Insurance Policyholders’ Protection Fund to protect policyholders when insurance companies are unable to meet their liabilities. The Head of Market Conduct and Complaints Bureau at NAICOM, Olugbenga Jayesimi, disclosed this while speaking […]
NDIC Declares ₦24.3bn Second Liquidation Dividend for Depositors
By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) has declared a ₦24.3 billion second liquidation dividend for depositors of Heritage Bank Limited (in liquidation) whose account balances exceeded the statutory insured limit of ₦5 million at the time the bank was closed. In a statement issued on Sunday, the Corporation said the second tranche […]
NLC Condemns New Tax Laws, Demands Urgent Review of Minimum Wage
By Chinedu Echianu The Nigeria Labour Congress (NLC) has raised strong concerns over recent tax reforms, warning that provisions taxing the national minimum wage and placing heavier burdens on low-income earners are unfair and regressive. It also called on the Federal Government to urgently address workers’ wages ahead of the next statutory minimum wage negotiations. […]
SEC to Scale Up Market Enforcement in 2026
By Oluwakemi Kindness The Securities and Exchange Commission (SEC) has announced plans to significantly scale up enforcement actions in 2026 following the enactment of the Investments and Securities Act (ISA) 2025. It said this move aims at strengthening investor confidence and safeguarding market integrity. The Director-General of the SEC, Dr. Emomotimi Agama, disclosed this while […]
Reps Release Certified True Copies of Four Tax Reform Bills
By Oluwakemi Kindness The House of Representatives Release Certified True Copies of Four Tax Reform Bills on Saturday night released the Certified True Copies (CTCs) of the four major tax reform laws following the circulation of unauthorised and misleading versions. The move, according to a statement is directed by the Speaker of the House, Abbas Tajudeen, […]
SEC to Prioritise Long-term Capital to Bridge Infrastructure Gap
By Oluwakemi Kindness The Securities and Exchange Commission (SEC) says it is prioritising the mobilisation of long-term capital to bridge Nigeria’s infrastructure and sectoral gap. This is while it is streamlining regulatory frameworks and facilitating the issuance of innovative financial instruments to channel disciplined capital into productive sectors of the economy. This was disclosed by […]
I Resigned as Finance Minister to Protect the Office – Kemi Adeosun
By Oluwakemi Kindness Former Minister of Finance, Kemi Adeosun, says her resignation from the cabinet of late President Muhammadu Buhari in September 2018 was a principled decision taken to protect the Office of the Minister of Finance and safeguard her personal integrity. Adeosun made the clarification on Friday while speaking on a Natuonal Television, where […]
Budget Office Defends Integrity of Newly Enacted Tax Reform Acts
By Oluwakemi Kindness The Budget Office of the Federation has defended the integrity of Nigeria’s newly enacted Tax Reform Acts, dismissing claims that the laws were altered after passage and warning against what it described as governance driven by speculation and unverified information. In a statement issued on Wednesday, the Office said allegations of post-passage […]