The federal government has paused issuing guidelines for the implementation of Nigeria’s new tax laws amid uncertainty over the final approved version, Taiwo Oyedele, Chairman of the Presidential Tax Reform Committee, disclosed. Speaking in Lagos during the 2026 Economic Outlook event hosted by the Institute of Chartered Accountants of Nigeria, Oyedele revealed he instructed the Nigeria Revenue Service (NRS) and the Joint Revenue Board (JRB) to hold off on implementing the laws until clarity is achieved. Concerns arose because the documents circulating may not reflect the definitive version of the laws. Oyedele’s team attempted to purchase official printed copies from the government printer but was told by staff that all copies had been taken by the National Assembly, which restricted public access until their review is complete. While legislative review is a normal part of the process, Oyedele explained that withholding the official text contradicts the Ac...
Nigerian singer, Davido, has lost a $50,000 (₦72 million) bet after the Super Eagles failed to defeat Morocco in the semi-finals of the 2025 Africa Cup of Nations (AFCON) Before the match, the singer had posted a betting slip on his X page showing he wagered $50,000 on Nigeria to beat the host nation and for both sides to score. In his post, the singer wrote: “Nigeria to make the finals and I’ll double my stake on my slip.” The match played on Wednesday night, at the Prince Moulay Abdellah Stadium, ended in a goalless draw in regular time, before Morocco sealed a 4 -2 victory in a penalty shootout. Had the prediction been correct, Davido would have won over $348,274, equivalent to more than ₦500 million at current rates.