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.
The directive was contained in a circular signed by the Accountant General of the Federation, Dr Shamseldeen Ogunjimi.
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.
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
• Flag of Sweden New citizenship legislation by Sweden, passed by the Riksdag, which took effect on June 6, 2026, represents more than a routine policy adjustment. It is another signal that Europe is increasingly closing its doors to migrants and tightening the conditions for belonging. For decades, Sweden stood as one of Europe’s most…
A new cabinet is expected to be appointed in the coming days.
Cement from Fouta is now used in major infrastructure projects across the country, including roads, bridges, railways, and housing.
The initiative, unveiled on June 17, forms part of Nigeria’s Digital Switch-Over (DSO) programme and is designed to provide households with access to over 100 television channels without monthly subscription fees.
The agreement was signed in Yaoundé on Wednesday by Nigeria’s Minister of Defence, General Christopher Musa (retd.), and Cameroon’s Minister Delegate at the Presidency in charge of Defence, Mr Joseph Assomo, following two days of deliberations by defence and security experts from both countries.
Black Market
US DOLLAR (USD) Buy ₦1,395 Sell ₦1,405
GREAT BRITISH POUND (GBP) Buy ₦1,870 Sell: ₦1,900
EURO (EUR) Buy ₦1,585 Sell ₦1, 610
CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100
