Government - latestnews

Lagos, Rivers, States Get Lion Share as VAT Revenue Hits ₦1.08tn in January and New Sharing Formula Begins

Nigeria’s Value Added Tax (VAT) collections rose sharply to ₦1.08 trillion in January 2026, marking the first full month under a revised revenue-sharing formula that significantly increased allocations to state…

latestnews March 4, 2026

Government

President Tinubu Appoints Dreaded Nigerian Tax Master Who Drafted New Tax Reforms As Finance Minister

President Tinubu Nominates Taiwo Oyedele as New Minister of State for Finance President Bola Ahmed Tinubu has nominated Taiwo Oyedele as the Minister of State for Finance, replacing Doris Uzoka-Anite,…

latestnews March 3, 2026

Government

President Bola Tinubu Redeploys Finance Minister Days After Poor Performance at Budget Defense Meeting in NASS

President Bola Tinubu has appointed Taiwo Oyedele as the new Minister of State for Finance, replacing Doris Uzoka-Anite, who will now head the Ministry of Budget and National Planning. This…

latestnews March 3, 2026

Government News

Nigerian Senate Writes President Tinubu to sack Chairman of CAC Over Alleged Corruption

The Nigerian Senate has called on President Bola Tinubu to remove Hussaini Ishaq Magaji, the Registrar General of the Corporate Affairs Commission (CAC), from office. This follows Magaji's repeated failure…

latestnews February 26, 2026

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Rivers State: Governor Fubara Finally Dumps His Men, Makes New Appointment of Wike People

Governor Siminalayi Fubara of Rivers State has announced fresh appointments into key positions in his administration, a development many political observers describe as a significant step in the ongoing political…

latestnews February 26, 2026