Tinubu Tax Reforms Shift Burden From Livelihoods To Profits

Tinubu Tax Reforms Shift Burden From Livelihoods To Profits

Nigeria’s tax landscape is undergoing a fundamental restructuring aimed at relieving low-income earners while tightening the net on high-net-worth individuals and corporate profits. Speaking at the 2026 BusinessDay Tax Conference in Lagos, Adesokan of the Joint Revenue Board (JRB) revealed that the reforms seek to stop “taxing poverty.” The new regime consolidates a fragmented library…

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Twenty Insurers Face Verification in High-Stakes Capital Race

Twenty Insurers Face Verification in High-Stakes Capital Race

The National Insurance Commission (NAICOM) has commenced the rigorous verification of 20 insurance companies as the industry races toward a July 30, 2026, recapitalisation deadline. To ensure the process remains beyond reproach, the regulator has hired “Big Four” global firms, PricewaterhouseCoopers, KPMG, Deloitte, and Ernst & Young, to audit the financial standing of these firms….

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Nigerian Displacement Crisis Hits 3.7 Million Mark

3.7 Million Nigerians Are Now Displaced

Nigeria’s displacement crisis has escalated to 3.7 million people, driven by a volatile mix of conflict, communal violence, and climate-induced shocks. Sharon Dimanche, the Chief of Mission for the International Organisation for Migration (IOM) in Nigeria, disclosed the figure during the first Edo State Humanitarian Summit in Benin City. She warned that the numbers represent…

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Nigeria Unveils 20 Million-Woman Digital Support Plan at UN

Nigeria Unveils 20 Million-Woman Digital Support Plan at UN

Nigeria has announced a sweeping set of initiatives to bolster women’s economic inclusion and social safety nets at the 70th United Nations Commission on the Status of Women (CSW70). Addressing the summit in New York, the Minister of Women’s Affairs, Imaan Sulaiman-Ibrahim, revealed that the country’s social protection coverage has scaled from one million households…

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