Tinubu Insists New Tax Laws Begin January 1, 2026
President Bola Ahmed Tinubu says the implementation of the new tax laws will commence on January 1, 2026, as scheduled, despite widespread opposition. The President, in a statement Tuesday, said the laws are aimed at harmonising the tax system, not increasing taxes. He assured that due process would be followed and all concerns would be addressed in collaboration with the National Assembly and stakeholders.
Court Denies Malami, Two Others Bail Over Money Laundering Case
A Federal High Court in Abuja on Tuesday rejected bail applications by former Attorney-General of the Federation, Abubakar Malami (SAN), his son, and an associate facing money laundering charges. Justice Emeka Nwite ruled that the prosecution must formally respond before bail is considered. The matter was adjourned to January 2 for further hearing.
Super Eagles Beat Uganda 3–1 to Top AFCON 2025 Group C
Nigeria’s Super Eagles recorded a 3–1 win over the Uganda Cranes in their final Group C match at AFCON 2025 in Morocco. Paul Onuachu opened scoring in the first half before Raphael Onyedika netted twice after the break. The result confirmed Nigeria’s perfect run into the knockout stage.
Banks to Begin N50 Levy on Transfers Above N10,000 From January 1
Banks will start charging a N50 stamp duty on electronic transfers of N10,000 and above beginning January 1, 2026. The charge is a one-off levy on transactions within commercial banks and financial institutions, following the full implementation of the Tax Act.
Two Killed in Fireworks Blast at Anambra Christmas Carnival
Two people were confirmed dead after a fireworks explosion during a Christmas carnival in Umuchu, Aguata Local Government Area of Anambra State. The incident, which left several injured, occurred near the main stage and caused a stampede as attendees fled for safety.
Attack on Catholic Priests Raises Fresh Insecurity Fears Near Abuja
Suspected bandits attacked St. Rita’s Catholic Church, Unity Estate in Mararaba, Nasarawa State, assaulting two priests around 2:30 a.m. on Tuesday. The parish priest reportedly escaped. The incident has heightened concerns over insecurity in areas bordering the Federal Capital Territory.
Death Toll Hits Five in Lagos Island Market Fire
The number of victims from the fire that razed the Great Nigeria Building in Balogun Market, Lagos Island, has risen to five after more bodies were recovered Sunday. Another fire on Monday also affected a section of Arena Market in Oshodi, prompting renewed calls for stronger fire safety measures.
18 Dead in Multiple-Vehicle Crash on Jigawa Highway
At least 18 people died and two others were critically injured in a road accident along the Dutse–Kiyawa Road on Tuesday. The crash, involving two cars and a tipper truck, occurred in the afternoon as emergency officials worked to clear the scene.
Customs Seize Donkey Skins Worth N24m in Bauchi
The Nigeria Customs Service, Federal Operations Unit Zone D, has intercepted 718 pieces of donkey skins valued at more than N24 million. Zonal Comptroller Abdullahi Kaila said Tuesday that the items were allegedly being smuggled out of the country in violation of export laws.
Rivers Assembly Members Return Governor’s N100,000 Christmas Bonus
Lawmakers of the Rivers State House of Assembly have returned a N100,000 cash gift reportedly sent by Governor Siminalayi Fubara as a Christmas bonus. The lawmakers did not provide further details but confirmed that the money had been paid back.