Reps to Question CBN, Banks over Arbitrary Charges The House of Representatives on Tuesday resolved to probe what it described as the “arbitrary, excessive, and unexplained” charges drawn from customers’ accounts by money deposit banks operating in the country. The resolution...

Customs Seizes ₦80.4m Smuggled Fuel Bound for Benin Republic The Nigeria Customs Service, Operation Whirlwind, said it intercepted 1,980 jerrycans of premium motor spirit, popularly known as petrol, worth N80.4m, about to be smuggled to the Republic of Benin. The National...

Umahi Hails Tinubu’s N1.5trn Infrastructure Drive, Says South-East Not Marginalized Minister of Works, Engr. David Umahi, has commended President Bola Ahmed Tinubu’s administration for what he described as unprecedented investment in road infrastructure across the South-East, saying the region is...

FG Clarifies New Capital Gains Tax Rules Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has provided clarity on the newly approved Capital Gains Tax (CGT) framework, set to take effect from January 1, 2026. The...

The Northern Poor and Tinubu’s Economic Reforms: When Renewed Hope Becomes Renewed Hardship By Baba El-Yakubu In a depiction worth a thousand words, Daily Trust cartoonist Mustapha Bulama, captured the reality of President Bola Ahmed Tinubu’s economic reforms. One side shows...

Naira Holds Firm in Black Market, Slides at Official Window on Oct 13 The naira maintained stability against the U.S. dollar on Monday, October 13, in the parallel market but weakened slightly at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers...