Petrol Imports Still Dominate Nigeria’s Fuel Supply Despite Dangote Refinery Boost
Nigeria consumed a total of 613.6 million litres of petrol between October 2024 and October 10, 2025, with imported fuel…
Day: October 21, 2025
Apple Introduces Tinted Option for Liquid Glass in iOS 26.1, macOS 26.1, iPadOS 26.1
Apple is giving users more control over its new Liquid Glass design with a “tinted” option, allowing a more opaque…
Elon Musk’s X Launches Handle Marketplace for Premium Users, Offering Rare and Inactive Usernames
Elon Musk’s social media platform, X, has unveiled a new initiative called the X Handle Marketplace, allowing Premium Plus and…
FIRS to End Multiple Federal Taxes by 2026 as New Tax Regime Simplifies Business Compliance
The Federal Inland Revenue Service (FIRS) has announced that beginning January 1, 2026, a new tax regime will officially take…
Nigeria Launches Nationwide Revenue Recovery Drive to Boost Fiscal Transparency and Curb Leakages
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), in partnership with the Federal Inland Revenue Service (FIRS), has launched a…
FG Commends Stockbrokers’ $1 Trillion Economy Drive as 48 Members Earn Fellowship
The Federal Government has applauded the Chartered Institute of Stockbrokers (CIS) for championing advocacy efforts aimed at steering Nigeria toward…
UNIONDICON, EUNISELL Lead Gainers as Nigerian All-Share Index Surges Past 149,000 Points
The Nigerian stock market extended its bullish momentum on Monday, October 20, 2025, as the All-Share Index (ASI) climbed by…
BUA Foods Emerges as Nigeria’s Fastest-Growing Food Powerhouse with ₦1.53 Trillion Revenue in 2024
BUA Foods Plc has cemented its position as one of Nigeria’s fastest-growing consumer goods giants, earning ₦1.53 trillion in revenue…
Transcorp Hotels Records ₦22.4bn Q3 Profit as Revenue Jumps 49%, Reinforcing Hospitality Leadership in Nigeria
Transcorp Hotels Plc, a subsidiary of Transnational Corporation Plc, has reported a robust 36 per cent growth in its profit…
Nigeria’s 2026 Tax Reform: Firms to Receive 5% Annual Tax Credit Under New Simplified Regime
Nigeria’s tax landscape is set for a major transformation as the federal government unveils a new tax regime effective January…
ChatGPT Subscription Costs to Rise in Nigeria as OpenAI Implements 7.5% VAT from November 1
Starting November 1, 2025, Nigerian users of ChatGPT will experience a price hike as OpenAI begins implementing a 7.5% Value…
NGX Kicks Off Week Strong with ₦611bn Gain as Investors Bet Big on BUA Cement and Industrial Stocks
The Nigerian Exchange Limited (NGX) started the new trading week on a bullish note as market capitalisation soared by ₦611…
Fitch Upgrades Ghana’s 2025 Growth Forecast to 4.9% Amid Economic Stability and Strong Agricultural Recovery
Fitch Solutions has raised Ghana’s 2025 economic growth forecast to 4.9%, up from its earlier projection of 4.2%, citing signs…
Naira Holds Firm at ₦1,475/$ as CBN Tightens FX Controls Amid Late-2025 Market Stability
The Nigerian naira maintained relative stability at ₦1,475 per dollar last week, reflecting the Central Bank of Nigeria’s (CBN) intensified…
NCC Blames Poor Telecom Service in Lagos and Abuja on Network Congestion, Pushes for Faster 5G Expansion
The Nigerian Communications Commission (NCC) has attributed the persistent poor quality of telecom services in Lagos, Abuja, and other major…
FG’s $2.35bn External Borrowing Plan: DMO Explains Eurobond Strategy to Boost Naira, Refinance Debt
The Federal Government’s proposed $2.35 billion external borrowing plan is a carefully balanced strategy aimed at financing the 2025 national…
Nigeria Targets 40% GDP Growth by 2030 Through AfCFTA — Government Deepens Trade, Industrial Reforms
The Federal Government has announced an ambitious plan to grow Nigeria’s Gross Domestic Product (GDP) by 40 percent by the…
Firm launches AI marketing platform to boost businesses
Northbrix, the parent company of CyBrixTeam.ai, has officially launched what it calls the world’s first Agentic Integrated Marketing Environment (IME)…
European Markets Set to Rise as Defense Stocks Surge and UK Borrowing Data Released
European stock markets are poised to open higher on Tuesday, extending gains seen at the start of the week. London’s…
CBN’s 24–48 Hour ATM Refund Rule Gets Strong Backing from Customers’ Group
The Bank Customers Association of Nigeria (BCAN) has voiced strong support for the Central Bank of Nigeria’s (CBN) proposed guidelines…
Fintech Innovator Qore Drives Digital Transformation for Nigeria’s Microfinance Banks
Nigeria’s microfinance sector is celebrating 20 years of empowering small businesses, entrepreneurs, and low-income households with access to essential financial…