Nigeria Cuts Interest on Late Tax Bills to Central Bank Rate Plus 1 Point
From 1 October, Nigeria sets late tax interest at the central bank rate plus 1 point, not plus 5, or...
September 24, 2026Topic
Nigeria
US Opens a Visa Fraud Tip Portal, Adding Scrutiny for Applicants in Nigeria
The US now takes anonymous visa fraud tips from anywhere. In Nigeria, where new US tourist and student visas are...
September 24, 2026
Nigeria Payment Infrastructure Faces New Rules as Interswitch Tour Opens
Interswitch opened its TechConnect 6.0 tour in Owerri as Nigeria payment infrastructure meets new central bank caps and a 2027...
September 24, 2026
Nigeria’s Kaduna State Approves US$2.76 Million for Pension Arrears
Kaduna State Governor Uba Sani approved US$2.76 million (₦3.659 billion) for pensions, gratuities and death benefits for 1,339 beneficiaries in...
September 23, 2026
Nigeria Keeps Electricity Tariffs Frozen at a US$1.45 Billion Cost
Nigeria tariff freeze stays in place as Abuja rules out a price rise, with the 2025 power subsidy put at...
September 22, 2026
Nigeria Orders Every Filling Station to Recalibrate Its Fuel Pumps
Nigeria's NMDPRA warns petrol stations that persistent under-dispensing can lead to licence revocation, and orders nationwide calibration of fuel pumps.
September 22, 2026
Nigeria’s Central Bank Cuts Its Benchmark Rate to 23 Percent
The CBN interest rate fell to 23 percent from 26.5 percent on 22 September 2026, a surprise move Nigeria's central...
September 22, 2026
Nigerian Passports in Qatar Now Take About Two Weeks, Embassy Says
Embassy says Nigerian passports in Qatar take about two weeks as it hands out passports from an August drive that...
September 22, 2026
Nigeria’s Dangote Says His Fertiliser Company Will List in 2028
The Dangote fertiliser IPO is planned for 2028, Aliko Dangote said in New York, as his US$1.6 billion refinery share...
September 22, 2026