CBN Orders Banks, Fintechs To Disclose Beneficial Owners
The regulatory intervention represents one of the most significant interventions by the CBN in the payments industry in recent times, aiming at restructuring the country’s fast-growing digital payments ecosystem The Central Bank of Nigeria (CBN) has ordered banks, fintechs, and other payment service providers to disclose their ultimate beneficial owners. The regulatory measures were contained in a circular dated June 15, 2026,...
World Cup Goals Record ‘Just A Number’, Says Messi
Messi's hat-trick vaulted him alongside Germany's Miroslav Klose as the top scorer in the tournament's history with 16 goals. Lionel Messi savoured a “beautiful moment” after becoming the World Cup’s joint all-time leading goalscorer on Tuesday, but said, “ultimately, it is just a statistic, nothing more”. The 38-year-old Argentina captain etched another memorable chapter in his glittering career with a brilliant...
VIDEO: Nigeria’s Aircraft Leasing Company To Offer Tax Holidays — Keyamo
Speaking on the sidelines of the inaugural African Air Transport Conference in Lomé, Festus Keyamo said lower travel costs would make air transportation more accessible to millions of Africans. Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has called for the removal of barriers hindering air travel across Africa, urging countries on the continent to reduce taxes and charges...
Insecurity: Radda Hails Tinubu’s Approval For Recruitment Of 1,000 Forest Guards
The Katsina governor described the development as a major boost to ongoing efforts aimed at restoring lasting peace, protecting communities, and securing forests that have become hideouts for bandits. Governor Dikko Radda has applauded the Federal Government’s renewed commitment to tackling insecurity in the state, following President Bola Tinubu’s approval for the recruitment and training of 1,000 forest guards to...
Court Sentences Female Arms Supplier To Death for Aiding Banditry In Katsina
The presiding judge, Justice A. B. Bawale, held that the prosecution had established its case beyond reasonable doubt. A Federal High Court in Katsina State has sentenced a female arms courier to death by hanging after finding her guilty of terrorism-related offences. The conviction comes amid ongoing efforts by security agencies and government authorities to curb the proliferation of arms and...
Court Orders Stay Of Execution On Judgment Deregistering ADC, Others
The appellate court described the development as the highest form of judicial impertinence, stating that the trial judge brazenly disregarded its earlier order. The Court of Appeal in Abuja has suspended the execution of the judgment delivered by Justice Peter Lifu deregistering the African Democratic Party (ADC), Action Peoples Party (APP), Action Alliance (AA), Accord Party (AP), and Zenith Labour...
Court Fines ADC, Aregbesola ₦1m Over Application For Judge’s Recusal In Gombe’s Suit
ADC and Aregbesola had, in separate motions, asked Justice Peter Lifu to recuse himself from the suit filed by an aggrieved party member, Nafiu-Bala Gombe, citing alleged bias. Justice Peter Lifu of the Federal High Court in Abuja has awarded a fine of ₦500,000 each against the African Democratic Congress (ADC) and its National Secretary, Rauf Aregbesola, over the application...
Nigeria’s Long-Awaited Digital Switch Over Gets Major Boost
According to industry observers, this signals a shift in Nigeria’s digital migration strateg Nigeria’s long-awaited transition from analogue to digital broadcasting got a boost on Tuesday when stakeholders reaffirmed their resolve to complete the country’s Digital Switch Over (DSO) programme. At the event convened by the National Broadcasting Commission (NBC) under the Federal Ministry of Information and National Orientation, they agreed...
Tinubu’s Supporters’ Overdrive Making Him Unpopular, Says ZLP Chairman
President Tinubu will fly the ruling party's flag and is expected to seek a second term in office against top contenders like NDC's Peter Obi and ADC's Atiku Abubakar The National Chairman of the Zenith Labour Party (ZLP), Dan Nwanyanwu, has cautioned President Bola Tinubu against what he described as excessive political activities by some of the President’s supporters, warning...
FG Dismisses Reports Of New Telecoms, Fuel Taxes
The clarification followed reports that the IMF had said Nigeria may need to extend VAT to fuel products and introduce excise duties on telecommunications services to raise revenue, fund development, and social spending The Federal Government has dismissed reports suggesting that it has adopted or is considering new taxes on telecommunications services and petroleum products following the publication of the...
