Nigeria Hails Philippines on Education Partnership
A key highlight was the growing educational partnership between both countries, with Ambassador Mellejor revealing that about 9,000 Nigerian students are currently studying in the Philippines.
June 18, 2026
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MOF Releases Nigeria Tax Act 2025 Transition Guidelines
Under the Guidelines, the Tax Acts 2025 comprising the Nigeria Revenue Service (Establishment) Act, the Nigeria Tax Act, the Nigeria Tax Administration Act, and the Joint Revenue Board (Establishment) Act apply from the respective commencement dates as enacted in each law. In particular, January 1, 2026 for the Nigeria Tax Act, 2025.
FG orders MDAs to stop 1% stamp duty deduction on official payments
The directive was contained in a circular signed by the Accountant General of the Federation, Dr Shamseldeen Ogunjimi.
For The Record: The 14-point US-Iran pact To End War
The United States of America and the Islamic Republic of Iran have agreed to resolve the disposition of stockpiled enriched material pursuant to a mechanism that will be mutually agreed upon, in accordance with the schedule mentioned in paragraph seven with the minimum methodology to be down blending on site under the supervision of the IAEA.
Naira Exchange Rates To Foreign currencies Thursday, June 18
Black Market Rates
US DOLLAR (USD) Buy ₦1, 400 Sell ₦1,405
GREAT BRITISH POUND (GBP) Buy ₦1,865 Sell: ₦1,885
EURO (EUR) Buy ₦1, 585 Sell ₦1, 605