Trust Africa News

Presidency Dismisses Claims of Discrepancies in New Tax Laws

By Ayomide Otitoju The Presidency on Monday addressed the controversy surrounding the newly enacted tax reform laws scheduled to take effect on January 1, 2026, dismissing claims that the versions signed into law differ from those passed by the National Assembly. The intervention followed calls by former Vice President Atiku Abubakar, Labour Party’s 2023 presidential…

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Eko Drive IV Showcases Lagos’ Thriving Car Culture

By Ayomide Otitoju Lagos came alive with automotive excitement as the fourth edition of the Eko Drive Exhibition (Eko Drive IV) showcased the city’s growing car culture. Held at Alliance Française de Lagos, Ikoyi, the event drew car enthusiasts, luxury vehicle owners, bikers, creatives, and lifestyle aficionados, cementing Eko Drive’s reputation as a premier platform…

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Heirs Energies Secures $750m Afreximbank Facility

By Ayomide Otitoju  Nigeria’s leading indigenous integrated energy company, Heirs Energies, has secured a $750 million financing facility from the African Export–Import Bank (Afreximbank), marking one of the largest financings ever obtained by an indigenous African energy firm. The transaction was formalised at a signing ceremony held in Abuja on Saturday, December 20, 2025, attended…

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