…include the removal of the petrol subsidy, unification of the foreign-exchange market, tax and other fiscal reforms, etc. These were difficult decisions, but necessary to rebuild stability and we have started enjoying the results,” he said. Citing the World Bank, Akume said Nigeria’s real Gross Domestic Product (GDP) g…

All is set for the official launch of ProTaxi, a Nigerian-owned technology-driven e-hailing platform powered by PromiseLand, on Thursday, October 1, 2026, at the Rainbow Event Center, Garki, Abuja. The launch, which coincides with Nigeria’s Independence Day celebration, will formally introduce ProTaxi to the Abuja tran…

…pressure on the productive sector. According to the APM, Nigerians had endured rising taxes and the cost of food, electricity, transportation, healthcare and other basic necessities since Tinubu assumed office in 2023. “The APM strongly condemns the attempt by President Tinubu to further mortgage the future of millions…

…agriculture, logistics and other businesses capable of creating jobs and expanding the tax base.PAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!The government cannot fund all of these investments on its own.President Bola Tinubu, Atiku Abubakar and Peter Obi ar…

…Ogun State Commissioner of Police, Bode Ojajuni, has described the policing job as quite taxing and stressful, saying that both the serving and retired officers deserve commendation for their dedication and daily sacrifice towards protecting life and property across the country Ojajuni stated this on Monday during the…

…National Petroleum Company Limited recorded a 33 per cent increase in profit after tax, to N7.2tn in 2025, despite a decline in revenue amid falling crude oil prices and reduced product volumes. The Group Chief Executive Officer of NNPC Limited, Bayo Ojulari, disclosed this on Tuesday in Abuja during a media interactio…

…on Monday. The report also identified missing financial records, under-remittance of taxes, payments for consultancy services without evidence of execution, and expenditure charged to accounts meant for constituency projects. The nine quantified findings in the available extracts amount to approximately N3.62bn. This f…

…carers can also access National Insurance credits, Universal Credit, and Council Tax Reductions alongside the allowancePAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!The UK government pays £86.45 per week to people who provide unpaid care for at least 35 hours…

…profitFCMB and Wema generated about 80 per cent of the banks’ combined profit after taxAn economist urged lenders to expand direct financing for manufacturers, agriculture and small businessesPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Pascal Oparada is a journalist with Legit.ng, covering te…

…200 years ago remain so today, and the whole society benefits from their wealth in jobs, taxes, the things they produce, and what not. The point is not to romanticise capitalism but to clarify it since a country of 230 million people cannot attain development under our persistent primitive form of capitalism. As I chos…

…South Africa's Western Cape left at least 21 people deadThe crash involved two minibus taxis and a third vehicle between the towns of Prince Albert and Leeu-GamkaWestern Cape Mobility said several other victims sustained serious injuries in the late-night collisionPAY ATTENTION: Mark Legit.ng as a preferred source, and…

THE Joint Revenue Board (JRB) has urged states yet to enact the Model Harmonised Taxes and Levies Law to expedite action, saying a more uniform tax system is critical to eliminating multiple taxes and levies. The post JRB calls on states to streamline tax administration appeared first on Tribune Online.

…in public schools in Lagos State who are not formally employed and cannot secure tax clearance certificates are now required to pay N20,100 in levies, up from N10,100. A private secondary school in the Ipaja area of Lagos, whose identity was withheld, increased its tuition from N86,000 to N124,000 per term, while anoth…

…or about $28 more on every biweekly payslip, into a full-time worker's pocket before tax.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!According to Immigration News Canada, on a monthly basis, the same worker can expect gross earnings of about $3,109.Ontario: Other wage categories als…

By Chioma Obinna Nigerians do not necessarily hate paying taxes but want assurance that their contributions will be properly utilised, Professor Kenneth Amaeshi, First Bank Samuel Asabia Professorial Chair in Business Ethics at the University of Lagos, has said. Amaeshi made the assertion at the inaugural public lectur…

…and blamed for Prime and Netflix's exit. He then asked if Nigerians would now blame taxi drivers for the exit of Uber. He wrote: "That thing you people did to filmmakers when Prime left and netflfix cut investment, are you now going to blame drivers for Uber leaving?" by Linda Ikeji at 03/09/2026 1:04 PM | Share this S…

…Nigeria. A good opportunity for our local startups to take over the business. Even our taxi unions can create an app and become our Uber. It’s not rocket science,” he stated on X. Similarly, Dr Yakubu Sani Wudil said: “Uber has left Nigeria. “The drivers are still here. “The cars are still here. “The passengers are sti…

…including the removal of the fuel subsidy, foreign exchange reforms and changes to the tax system. According to him, the measures were strengthening the economy through improvements in external reserves, a more resilient external position, moderating inflation and stronger monetary policy transmission. The Finance Mini…

…Adedayo Olawuyi, has urged the Federal Government to reduce aviation charges and taxes as an intervention to make air travel more affordable. Speaking as a panelist at the AeroWest conference held in Lagos on Wednesday, with the topic, “The Real Cost of Running Aviation Business: Fixing Connectivity, Affordability, FX,…

…that officers block the road every evening and collect between N200, N500 and more from taxi and commercial bus drivers plying the highway to the popular Watt Market. Some of the drivers, who spoke on condition of anonymity, said the collection had become a daily routine, especially during peak hours when commuters tro…

A Nigerian-British taxi driver, Kolawole Erunkulu has been jailed for six years after falling asleep at the wheel and causing a crash that killed a 59-year-old man in Surrey, UK. Surrey Police said Erunkulu of Bexleyheath, pleaded guilty to causing death by dangerous driving after his Audi crossed into a roadside layby…

…jailed for k!lling another motorist in the UK after falling asleep while driving A taxi driver who killed a man on the A23 in Surrey after driving for prolonged periods has been jailed for six years.Kolawole Erunkulu fell asleep at the wheel shortly before 6.30am on Sunday, 17 August, causing his Audi to swerve across…

…Nigerian households,” Falade said.The NLNG chief also called for action on the multiple taxes, levies and regulatory charges imposed by different government agencies and levels of government.According to him, these charges increase operating costs, create uncertainty for businesses and could discourage fresh investment…

PZ Cussons Nigeria Plc has reported a 349 percent surge in profit after tax (PAT) to N45.2 billion for the financial year ended May 31, 2026, driven by stronger operating performance, foreign exchange gains and asset disposals. The company, in its audited results released to the Nigerian Exchange Limited (NGX), also pr…

…State in 2025, comprising Federation Account Allocation Committee receipts, Value Added Tax, Internally Generated Revenue, capital receipts and development partners’ funds, stood at N363,628,291,927.66.” He added that total expenditure for the year, comprising personnel, overhead, other recurrent and capital expenditur…