No Tax on Bank Balances in Nigeria — Only Certain Transfers Attract ₦50 Stamp Duty 

Adetutu A, The Insights 7 January 2026

The Chairman of the Chartered Institute of Taxation of Nigeria (CITN), Abuja District, Ben Enamudu, has clarified widespread misconceptions about Nigeria’s new tax reforms. He emphasized that money in bank accounts is not taxed, and only specific electronic transfers are subject

Nigerian Army Opens Applications for Direct Short Service Commission Course 29/2026 

Adetutu A, The Insights 6 January 2026

The Nigerian Army has officially opened applications for the Direct Short Service Commission (DSSC) Course 29/2026, inviting qualified Nigerians to apply for commission as officers. The programme is open to both civilians and serving military personnel who possess the relevant professional qualifications.  Successful candidates will

Dangote Refinery Propels West Africa into Regional Refining Hub 

Adetutu A, The Insights 2 January 2026

West Africa is fast emerging as a regional refining and trading hub, largely driven by Nigeria’s Dangote Petroleum Refinery, which produces 650,000 barrels per day (bpd). According to a report by Argus Media, the privately-owned refinery, coupled with government efforts to achieve refined product self-sufficiency, has reshaped fuel markets in

NCDMB Launches 2025/2026 Tech Innovation Challenge for Oil and Gas Sector 

Adetutu A, The Insights 2 January 2026

The Nigerian Content Development and Monitoring Board (NCDMB) has unveiled the 2025/2026 Nigerian Content Research, Innovation, and Technology Challenge, a major opportunity for Nigerians with innovative ideas that can solve technological gaps in the oil and gas industry and related sectors.  The competition, which began in December 2025, is

Plateau Governor Sponsors 200 Students to India: How Nigerians Can Benefit from Merit-Based Scholarships

Adetutu A, The Insights 31 December 2025

Plateau State Governor Caleb Mutfwang In a historic move, Plateau State Governor Caleb Mutfwang has sponsored 200 students to study in India under the newly launched Mutfwang Legacy Scholarship Scheme — one of the largest foreign education interventions in the state’s history.  The beneficiaries will pursue degree

Controversy Over Nigeria’s New Tax Laws Intensifies Ahead of 2026 Rollout 

Adetutu A, The Insights 30 December 2025

House of Representative Opposition to Nigeria’s newly enacted tax laws escalated on Monday as the Minority Caucus of the House of Representatives and the National Association of Nigerian Students (NANS) called for an immediate halt to their rollout. The controversy centers on allegations that the versions of the tax laws gazetted by the

AKK Gas Pipeline Set to Boost Industrial Growth in Northern Nigeria

Adetutu A, The Insights 29 December 2025

The Ajaokuta-Kaduna-Kano (AKK) gas pipeline, a flagship infrastructure project in Nigeria, is nearing completion and promises to transform the industrial landscape of northern Nigeria. Once fully operational in 2026, the pipeline is expected to enhance power generation, support fertilizer production, and drive industrial activity across the region.  Why

FAAN Calls for Stakeholder Cooperation to Ensure Smooth Festive Travel 

Adetutu A, The Insights 24 December 2025

As the festive season reaches its busiest period, the Federal Airports Authority of Nigeria (FAAN) has urged all aviation stakeholders to collaborate to provide efficient, safe, and pleasant travel experiences for passengers. This peak season, popularly called “Detty December,” sees a significant increase in passenger traffic across the nation’s

NAFDAC Destroys Over ₦55bn Fake and Expired Drugs in Oyo State 

Adetutu A, The Insights 18 December 2025

Fake and Expired Drugs Destroyed by NAFDAC The National Agency for Food and Drug Administration and Control (NAFDAC) has destroyed fake, expired, banned, and substandard drugs worth over ₦55 billion in Ibadan, Oyo State. The exercise took place at Moniya dumpsite in Akinyele Local Government Area, as part of NAFDAC’s routine efforts to protect

How You Will Be Taxed in Nigeria from January 2026 

Adetutu A, The Insights 17 December 2025

Nigeria’s tax system is undergoing one of the biggest overhauls in decades, with new laws taking effect from 1 January 2026. These reforms are meant to make taxation fairer, simpler, and more growth-oriented while reducing the burden on low-income earners.  Personal Income Tax: Progressive and Fairer  Under the new Nigeria Tax Act 2025, personal