Bunue killings: VeryDarkMan has greater empathy than you — Presidency slams Peter Obi

The Presidency has said that social media critic Martins Otse, popularly known as VeryDarkMan, has shown greater empathy than former Labour Party presidential candidate, Peter Obi, over the recent killings in Benue State. In an interview with Channels Television, Daniel Bwala, the Special Adviser on Policy Communication to President Bola Ahmed Tinubu, stated this while…

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Tax reform law: Banks to report transactions above N5m monthly

Nigerian banks have been mandated to report all customer accounts with monthly transactions exceeding N5 million to the country’s tax authorities, according to the latest update from the National Orientation Agency (NOA). This directive was part of a sweeping tax reform signed into law, aimed at improving tax compliance, curbing financial irregularities, and aligning Nigeria’s…

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IMF commend CBN’s reforms, naira stability

The International Monetary Fund (IMF) has endorsed Nigeria’s recent financial sector reforms, particularly those led by the Central Bank of Nigeria (CBN) under Governor Olayemi Cardoso. In its 2025 Article IV Consultation report, the Fund praised sweeping changes to the foreign exchange regime, monetary tightening, and banking sector recapitalisation, all of which have contributed to…

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10 states borrow N417bn despite higher allocations

At least 10 Nigerian states collectively increased their domestic debt by N417.7bn year-on-year, despite a significant rise in revenue allocations from the Federation Account Allocation Committee, a review of official data has shown. An analysis of the Debt Management Office’s quarterly reports on subnational debt reveals that Rivers, Enugu, Niger, Taraba, Bauchi, Benue, Gombe, Edo,…

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