Author: Ifetayo Adeniyi

Nigerians face ₦50 Stamp Duty on Bank Transfers Above ₦10,000 Questions linger on why such measure is being introduced with little awareness. Starting January 1, Nigerians will pay an additional ₦50 stamp duty on electronic money transfers exceeding ₦10,000 according to system updates spotted across multiple banking platforms in recent days. This government-mandated levy comes on top of existing bank transfer fees, effectively creating a dual-charge system for transactions above the threshold. While regular banking charges remain in place, customers will now shoulder both costs whenever they send more than ₦10,000 to another account. The stamp duty applies per transaction…

Tinubu celebrates Eyo festival in Lagos President Bola Tinubu and Lagos State Governor, Babajide Sanwo-Olu, at the Eyo Festival in December 2025. Credit: NTA News President was received by the Lagos State Governor, Babajide Sanwo-Olu. President Bola Tinubu made a colourful appearance at the Tafawa Balewa Square, Lagos on Saturday to join residents and tourists for the celebration of the ongoing Eyo Festival. The President’s arrival marked a significant moment for the festival, which was last celebrated in 2017. Reflecting the occasion, Tinubu was dressed in the traditional festival theme of pure white. Notably, he donned a black Akete hat…

Firstbank-sponsored ‘Obey the Musical’ stage play thrills audience in Lagos … reaffirmed the bank’s commitment to promoting arts and culture. First Bank of Nigeria Limited has sponsored the stage play Obey The Musical, a biographical production celebrating the life and legacy of juju music icon, Evangelist Professor Ebenezer Obey Fabiyi. The two-day performance, held on December 25 and 26 at the Agip Hall, Muson Centre, Lagos Island, attracted large audiences who gathered as part of the Yuletide festivities. The play was hosted by Joseph Edgar of The Duke of Somolu Foundation and written by Emmanuel Adejumo, son of the late…

Actress Jumoke Odetola praises God for ’11th hour miracle’, gets new home … calls it divine intervention. Actress Jumoke Odetola has announced the acquisition of a new home in Lekki Pride II, Lagos. In a post on her Instagram page, Odetola expressed gratitudes to God, attributing the achievement to divine intervention. The actress described the new home as an “11th hour miracle”, thanking a home property for their role in facilitating the purchase. Odetola’s post was accompanied by photos of the new property, showcasing her excitement and joy. “One of God’s blessings to me this year. Grateful heart. Everything I…

Bauchi: Remi Tinubu donates 1,000 bags of rice to Christians File Copy: First Lady of Nigeria, Senator Oluremi Tinubu. … to be distributed across all 20 local government. The First Lady, Oluremi Tinubu, has donated 1,000 bags of 25kg rice to the Christian Northern Nigeria Political Forum in Bauchi State to support Christians during Christmas and New Year celebrations. The State Coordinator of the Forum, Mr Ayuba Dogara, disclosed this on Saturday during the distribution of the items across Bauchi. He said the rice would be equitably shared across all 20 local government areas. Dogara explained that beneficiaries would include…

YouTube: Pastor Jerry Eze’s channel ranks 3rd most watched globally Pastor Jerry Eze has declared that his YouTube channel, New Season Prophetic Prayers and Declarations (NSPPD), has become the third most-watched channel in the world, ranking above all non-gaming content creators. The lead pastor of the Streams of Joy Ministries shared the news on social media, expressing deep gratitude to God and his followers, and describing the milestone as beyond his initial mission. “This was definitely not our mission, but see what God has done,” he wrote. “I don’t even know what to say but to just say, THANK YOU…

EcoBank reiterates uninterrupted service on holidays Ecobank Nigeria is a member of the Ecobank Group, the pan-African banking institution with operations in 33 African countries and international offices in London, Paris, Beijing, and Dubai. Ecobank Nigeria has assured customers of uninterrupted access to banking services throughout the year-end holiday period via its secure and robust digital platforms. In a statement on Friday, the bank also urged customers to remain vigilant against fraud and scams during the festive season. Speaking on the development, the Head, Products & Analytics, Consumer & Commercial Banking, Ecobank Nigeria, Victor Yalokwu, said the bank’s digital channels…

Sokoto Government unveils new means to eradicate banditry Governor Ahmad Aliyu of Sokoto State. … says this new strategy would boost intelligence gathering. Sokoto State Governor, Ahmad Aliyu, has declared that his administration is introducing new initiatives aimed at eradicating the menace of banditry in the state. According to a statement signed by the Director-General, Media and Publicity Government House, Sokoto, Abubakar Bawa, the governor made this known while declaring open the 17th Regular State Executive Council (SEC) Meeting held in Sokoto. Aliyu explained that the new measures were in addition to the ongoing efforts being undertaken by the state…

Lagos Free Zone: Customs generates N661.5b in 11 months Comptroller Hauwa Abubakar The Nigeria Customs Service (NCS), Lagos Free Trade Zone Command, has raised N661.5 billion between January and November 2025. The Customs Area Controller, Comptroller Hauwa Abubakar, who made this public during the command’s end-of-year celebration, described 2025 as a productive and fulfilling year for the LFTZ command. Abubakar said: “The achievement reflects enhanced compliance levels, improved operational efficiency and strengthened collaboration with Free Zone operators and Lekki Port stakeholders. We remain confident that by the end of 2025, the Command will record more than double the revenue…

Rite Foods celebrates yuletide season, reassures of commitment to shared joy Rite Foods Rite Foods Limited, Nigeria’s leading food and beverage company, has expressed warm Yuletide greetings to Nigerians as families and communities across the world come together to celebrate the Christmas season and usher in a new year filled with hope and renewed possibilities. The Yuletide season, marked by love, gratitude, and togetherness, presents an opportunity for reflection and shared moments. Rite Foods encourages consumers to savour these special occasions with its wide range of quality brands, including the 13 variants of Bigi Carbonated Soft Drinks, premium Bigi Table…