Author: Opalim Lifted

Banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January 1, 2026, following the implementation of the Tax Act. The stamp duty or electronic money transfer levy (EMTL) is a single, one-off charge of N50 on electronic receipt or transfer of money deposited in any commercial money bank or financial institution on any type of account on sums of N10,000 and above. In an email sent to customers on Tuesday, United Bank for Africa (UBA) said the N50 electronic money transfer levy (EMTL) on transfers will now be referred to as stamp…

The Commissioner of Police, Nasarawa State Command, CP Shetima Jauro Mohammed, has placed a total ban on the burning of used tyres during crossover night activities marking the New Year celebrations across the state. The Commissioner has consequently directed all Area Commanders and Divisional Police Officers (DPOs) to ensure strict enforcement of the ban and to arrest and prosecute anyone found engaging in the prohibited act. The ban has become imperative to protect critical government and private infrastructure from damage and defacement, prevent environmental pollution, and ensure the free flow of traffic and public safety during the festivities. CP Shetima…

The Ondo command of the south-west security network, also known as Amotekun, says it has arrested 39 suspected terrorists who allegedly fled Sokoto and relocated to forest reserves in the state. Adetunji Adeleye, the commander of Amotekun in Ondo, spoke on Tuesday while parading 61 suspects in Akure, the state capital. The arrests came in the wake of the United States–backed military strikes against ISIS terrorists in Sokoto state. Last week, US President Donald Trump announced “powerful and deadly” strikes against the terrorists in the north-west region. Adeleye said the 39 suspects were arrested around the Elegbeka axis of Ose…

The Economic and Financial Crimes Commission (EFCC) has arraigned Yakubu Adamu, Bauchi state commissioner for finance, over alleged N5.79 billion money laundering. Adamu, a former branch manager of Polaris Bank in Bauchi, was brought before Emeka Nwite, presiding judge of the federal high court in Maitama, Abuja, on Tuesday. He was arraigned alongside Ayab Agro Products and Freight Company Limited on a six-count charge bordering on money laundering, contrary to Section 21(a) of the Money Laundering (Prevention and Prohibition) Act, 2022. At the commencement of proceedings, Samuel Chime, prosecution counsel, told the court that the matter was for arraignment and…

President Bola Tinubu says implementation of the tax reform laws will commence as scheduled on January 1, 2026. In a statement on Tuesday, Tinubu said the reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation, and they are not designed to raise taxes. “The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will continue as planned,” he said. “These reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country. “The tax laws are…

A federal high court in Abuja has ruled that LGs can access funds directly from the Universal Basic Education Commission (UBEC) without the interference of the state universal basic education boards (SUBEB). Delivering judgement on October 13, Emeka Nwite, the presiding judge, ruled that sections 11(2) and (3) of the UBE Act, 2004, are inconsistent with the 1999 Constitution and therefore “null, void and of no effect”. The suit marked FHC/ABJ/CS/1536/2020 was filed by one Sesugh Akume against UBEC and the attorney-general of the federation (AGF). In his ruling, the judge declared that “the local government system is the third…

The Nigerian Association of Resident Doctors (NARD) has appealed to senior members of the medical profession to intervene as the association warned of a possible return to a nationwide strike. NARD said it is on the verge of embarking on another Total and Indefinite Comprehensive Strike, tagged TICS 2.0, following the Federal Government’s failure to implement the Memorandum of Understanding signed with the association. In a statement issued on Sunday, the Secretary General of NARD, Dr Shuaibu Ibrahim, said the situation had reached a critical point for Nigeria’s health sector. “I write to you at a critical moment for Nigeria’s…

Anda Damisa, the Nigerian content creator and brand influencer better known as Lazywrita, has announced his demise. The news surfaced on Monday after a post appeared on his Instagram page announcing his passing. Lazywrita reportedly committed suicide days ago but had scheduled the post ahead of time. He shared several photos of himself and a farewell message. Friends, creatives, and industry colleagues flooded the comment section with tributes to the content creator, with many saying they were unaware of the struggles he battled privately. “Don’t cry for me please o. I lived a full and adventurous life, people who know…

The Joint Revenue Board (JRB) has announced that the Nigerian tax identification (ID) portal will go live nationwide on January 1, 2026, as part of efforts to modernise tax administration. The board announced this in a notice posted on its official X account on Monday. According to the JRB, the tax identification is a unique, system-generated number assigned to all taxable persons in Nigeria strictly for tax administration purposes. It said the tax id will be linked to the national identification number for individuals and the Corporate Affairs Commission (CAC) registration number for businesses and organisations. The board explained that…

The Federal Road Safety Corps (FRSC) says its preliminary findings show that excessive speed and wrongful overtaking were the cause of the motor accident involving Anthony Joshua on the Lagos-Ibadan Expressway. On Monday, two people died after a Lexus SUV that Joshua was in crashed into a stationary truck around the Sinoma area near the Sagamu axis of the road. The accident occurred around 12 noon, and Joshua survived the incident with minor injuries. In a statement, FRSC said Joshua’s SUV was “travelling beyond the legally prescribed speed limit on the corridor” and “lost control during an overtaking manoeuvre” leading…