Nigeria Tax Reform Committee Clarifies No 25% Levy on Construction or Bank Funds
The Presidential Fiscal Policy and Tax Reforms Committee has dismissed circulating claims of a 25 per cent tax on…
Universal Insurance Deposits N1.5bn with CBN to Meet Recapitalisation Requirement
As the deadline for insurance companies to meet the new minimum capital requirements approaches, several firms are…
Naira Strengthens to N1,347/$ as Official and Parallel Rates Narrow – Market…
The naira made significant gains at the start of the week, appreciating in both the official and parallel foreign…
Tinubu Urges Creation of Africa’s Own Credit Rating Agency to Reduce Borrowing…
In a Financial Times Op-Ed on Monday, President Bola Tinubu called for the creation of an Africa-owned credit…
Nigeria’s Digital Infrastructure: Turning Promise into Global Production Power
Nigeria’s digital journey has been remarkable over the past decade. From seamless payments across platforms to…
EU Threatens Meta Over WhatsApp AI Restrictions, Signals Swift Action Against Tech…
The European Union has intensified its scrutiny of Meta Platforms, warning the social media giant that it could…
NRS Launches E-Invoicing for Medium-Sized Businesses to Boost Tax Transparency
The Nigeria Revenue Service (NRS) is introducing a major digital shift for medium-sized enterprises with its new…
Nigeria’s Inflation Drops to 15% as Naira Stability Strengthens Investor…
Nigeria’s inflation rate plunged to 15.10% in January 2026, marking a significant improvement from 27.61% in…
Dangote Group Invests $400 Million in Equipment to Expand Refinery and Boost…
Dangote Group has taken a major step to accelerate its industrial ambitions, signing a $400 million agreement with…
Nigerian Breweries Posts N1.467 Trillion Revenue in 2025, Signals Strong Recovery
Nigerian Breweries Plc has reported a remarkable turnaround, posting revenue of N1.467 trillion for the financial…
Nigeria’s Capital Inflow Hits $6.01bn in Q3 2025 Driven by Portfolio Investments
Nigeria’s capital importation surged to $6.01 billion in the third quarter (Q3) of 2025, marking a remarkable…
European Markets Expected to Open Lower as Earnings and Economic Data Take Center…
European markets are poised for a cautious start on Tuesday, with key indices expected to open lower amid ongoing…
NGX Hits Historic 190,000 Points as Market Capitalisation Surges N5.1 Trillion
Trading on the Nigerian Exchange Limited (NGX) witnessed a record-breaking surge on Monday as the All-Share Index…
65% of Nigerians Demand Lower Interest Rates Ahead of CBN MPC Meeting
As the Central Bank of Nigeria prepares for its 304th Monetary Policy Committee (MPC) meeting on February 23–24,…
Dangote Local Production Drive Gains Momentum at Kaduna Trade Fair
Stakeholders at the 47th Kaduna International Trade Fair received a clear message about Nigeria’s industrial future…
Nigeria Food Inflation Falls to 14-Year Low at 8.89% as Price Pressures Ease
Nigeria’s food inflation rate has dropped to its lowest level in more than 14 years, offering a rare moment of…
Swiss Private Bank Banque Pictet Expands into Africa Amid Booming Millionaire…
Swiss private banking giant Banque Pictet has officially entered Africa, opening its first office in South Africa…
No Decision Yet on Disputed Oil Wells Reallocation, Confirms RMAFC
The federal government has not made any decision on the reallocation of disputed crude oil wells between Nigeria’s…
NNPCL Signs MoU with China Gas to Boost Domestic LNG and Power Infrastructure
The Nigerian National Petroleum Company Limited (NNPCL) has taken a significant step to strengthen Nigeria’s…
Brent Crude Trades $67.78, $3 Above Nigeria’s 2026 Oil Benchmark Amid Geopolitical…
Global oil markets opened the week with Brent crude trading at $67.78 per barrel on Monday, holding about $3 above…
Glean Builds the AI Layer Beneath Enterprise Tools: The Next Frontier in Business…
The race for enterprise AI is intensifying. Tech giants like Microsoft and Google are embedding AI assistants such…
Nigeria’s Inflation Set to Hit 18% in January, Analysts Warn of Temporary Spike
Analysts have projected that Nigeria’s headline inflation could climb to around 18 per cent in January 2026,…
Nigeria Rules Out Public Funding for National Carrier, Urges Private Investors
The federal government has confirmed that it will no longer allocate public funds to establish a national carrier,…
European Markets Edge Higher Amid Munich Security Conference Talks
European markets opened slightly higher on Monday as investors digested key insights from the Munich Security…
Flutterwave’s International Expansion Drives Financial Inclusion Across Africa,…
Former Sierra Leonean President Ernest Bai Koroma has praised Nigeria’s pivotal role in Africa’s economic and…
SEC Partners with NOA to Combat Illegal Investment Schemes in Nigeria
The Securities and Exchange Commission (SEC) has announced a strategic partnership with the National Orientation…
Banks Rush to Complete Mergers and Acquisitions Ahead of CBN March 31…
Nigeria’s banking sector is entering a high-stakes phase as the Central Bank of Nigeria’s (CBN) March 31…
NNPC Revenue Surges to N60.5 Trillion in 2025, Profit Hits N5.7 Trillion
The Nigerian National Petroleum Company Limited (NNPC) has reported a remarkable N60.5 trillion in revenue for…
Nigeria’s Capital Importation Hits Six-Year High of $16.7bn in First Nine Months…
Nigeria’s capital importation surged to a six-year high, attracting a total of $16.7 billion in the first nine…
Long-Term Stock Investment: The Key to Lasting Wealth for Nigerian Households
Experts at the 5th edition of the Blakey National Economic Conference in Lagos have highlighted stock investment as…