Oil extended gains today as a US-imposed deadline for Iran to open the Strait of Hormuz or be “taken out” approaches. President Donald Trump threatened to order attacks on Iranian bridges and power plants and to rain “hell” on Tehran if it fails to comply with his deadline of 8 p.m. EDT Tuesday (0000 GMT […]
As the March 31 deadline ends today, the majority of Nigerian taxpayers are still unaware of the processes involved in filing their personal income tax returns in line with the new tax laws, findings have shown. Under the Nigeria Tax Act 2025, every Nigerian earning income is mandated to file an annual tax return, which […]
•Director General, Lagos State Safety Commission, Lanre Mojola Following rising cases of avoidable elevator accidents in high rise buildings, Lagos State government in a proactive move has issued an 18 -day ultimatum to building owners in the state to register and obtain safety certification of their elevators or face immediate shutdown and se...
•CBN headquarters, Abuja With barely three weeks left before the deadline for Nigeria’s banking recapitalisation exercise, tension and anticipation are building across the financial industry as regulators, investors and customers await the final shape of the country’s banking landscape. The recapitalisation programme introduced by the Centr...
Organised Labour in the federal public service has issued a Friday ultimatum to the federal government, demanding the immediate release of funds to settle three months’ outstanding wage awards and other pending allowances owed to workers across Ministries, Departments and Agencies (MDAs). Organised Labour, through the leadership of the Joint N...
The Securities and Exchange Commission, SEC has directed capital market operators to renew their registration from January 1 to 31, 2026. In a bid to make the process as seamless as possible, the Commission also disclosed that it will commence electronic receipt and processing of applications for registration and updates of registration inform...
The President of the Academic Staff Union of Universities (ASUU), Chris Piwuna, has restated that there is no going back on its planned two weeks nationwide warning strike over some lingering issues, if the federal government fails to respond on or before October 13 expiry date. The planned strike follows a two-week ultimatum issued by [&he...
Barely six months to the March 31, 2026 deadline set by the Central Bank of Nigeria (CBN) for the country’s banks to recapitalise, it was learnt that only 14 out of the 24 lenders with commercial banking licences have met the set target. The CBN had last year given the country’s banks two years to […]
•Kelechi Iheanacho As the transfer window in Europe closed on Monday night, Nigerian players were among football stars who beat the deadline either on permanent transfer or loan deals, underlining the country’s growing influence in world football. Below is highlight of the transfer deals of Nigeria players which happened in Europe on the last ...
•POS machine The Central Bank of Nigeria has directed that all Point of Sale (PoS) terminals in the country be geo-tagged within 60 days. In a statement dated August 26, 2025, obtained by our correspondent today, CBN said the move is part of measures to curb fraud and strengthen oversight of digital payments. It is […]

