30.07.2026

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Nigeria

Nigeria’s Hidden Tax Problem: Why Multiple Levies Still Exist Despite Reforms

IDNN
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Nigeria’s tax reform agenda promises a simpler system for businesses, yet many traders and transport operators still face overlapping levies imposed by different authorities. Despite federal reforms aimed at harmonising tax administration, complex revenue structures at federal, state and local levels continue to create a compliance burden that analysts say discourages small enterprises from entering the formal economy....

FG Bans Roadside Tax Collection as Nigeria Moves to Presumptive Tax System

IDNN
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The Federal Government has banned roadside tax collection across Nigeria as part of a wider effort to reform revenue practices affecting small businesses. Authorities say the move will eliminate informal levies and introduce a new presumptive tax system designed to simplify compliance while reducing the burden of multiple taxation....

Cooking Gas Prices Jump in Nigeria as LPG Hits ₦900/kg After Petrol Surge

IDNN
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Nigeria’s cooking gas market is entering a fresh inflation cycle as LPG prices surge sharply across the country. Retail prices that hovered around ₦800 per kilogram only weeks ago are now approaching ₦900–₦950 in many locations, raising fears that the country is facing a second wave of energy inflation following the recent spike in petrol prices....

Fuel Price Spike in Nigeria as Dangote Raises PMS Ex-Depot Price Toward ₦1,000 Pump Threshold

IDNN
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Nigeria’s fuel market has been jolted by a sharp adjustment in refinery pricing after Dangote Petroleum Refinery raised its petrol ex-depot price from ₦774 to ₦874 per litre. Retail pump prices have already climbed above ₦930 in several locations, with marketers warning the surge could soon push petrol close to ₦1,000 per litre nationwide....

CAF Announces Postponement of the 2026 Women’s Africa Cup of Nations

Noble Onyeagoro
0
CAF has announced the postponement of the 2026 Women’s Africa Cup of Nations, shifting the competition from 17 March – 3 April 2026 to 25 July – 16 August 2026. The new dates have been confirmed by the Confederation of African Football. The reason for the delay was not specified in the announcement....

Christian Pilgrimage to Israel Suspended

IDNN
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Nigeria has suspended Christian pilgrimage to Israel as security conditions across the region remain volatile. The decision halts travel plans for hundreds of Nigerian pilgrims preparing for the annual Holy Land journey. Officials say the move is precautionary, citing regional instability and the need to prioritise the safety of Nigerian citizens travelling to sacred Christian sites....

Ondo Church Kidnap Victims Regain Freedom Amid Reports of ₦9m Ransom Payment

IDNN
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Victims abducted during a church-related incident in Ondo State have regained their freedom after days in captivity, bringing relief to families and local authorities. Security sources confirmed that the victims were released following coordinated efforts involving community leaders and security agencies amid ongoing concerns about kidnappings across parts of southwestern Nigeria....

Malami Terrorism Trial Stalls as AGF Fagbemi Takes Over Prosecution

IDNN
0
The terrorism trial of former Attorney-General of the Federation Abubakar Malami (SAN) stalled on Wednesday after Attorney-General Prince Lateef Fagbemi (SAN) formally took over prosecution of the case from the Department of State Services. The Federal High Court in Abuja adjourned proceedings until March 10 to allow the new prosecutorial team study the case file....

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