Nigeria’s New $11.50 Travel Tax Sparks Outcry Among Airlines and Passengers
The Nigeria Civil Aviation Authority (NCAA) has announced a new $11.50 levy on all international air tickets, set to take…
Day: November 4, 2025
FG, Banks Target $20 Billion Diaspora Investment to Boost Nigeria’s Economy
The Federal Government, in collaboration with leading banks and private investors, is intensifying efforts to channel over $20 billion in…
Femi Otedola Applauds Tinubu’s 15% Petrol and Diesel Import Tariff to Boost Local Energy Sector
Billionaire businessman Femi Otedola has praised President Bola Tinubu’s recent move to impose a 15 per cent import tariff on…
Group urges Tinubu to halt fuel import licences
The Yoruba Council Worldwide (Igbimo Apapo Yoruba L’Agbaye) has urged President Bola Ahmed Tinubu to immediately halt the issuance of…
Lagos to Digitize Telecom Permit Approvals with TIRS Platform in 2026
The Lagos State Government has announced plans to automate the approval process for telecommunication infrastructure with the upcoming launch of…
Firm spends N45m to train educators on cybersecurity
In a bold move to strengthen digital safety in Nigeria’s education sector, Levi Edu Tech has spent over ₦45 million…
Elad Gil Reveals Which AI Markets Are Dominated — and Where Startups Still Have a Chance
Solo venture capitalist and prominent tech investor Elad Gil says artificial intelligence remains one of the most unpredictable booms in…
Bitcoin Plunge Deepens as Crypto Market Awaits U.S. Jobs Data
The cryptocurrency market faced another turbulent weekend as Bitcoin slipped below the $108,000 mark, extending its recent losses. The world’s…
Nigerian Stocks Lose ₦240bn as Investors Reprice Naira Assets After Trump’s Threat
Nigeria’s stock market kicked off the week on a negative note as investors sold off naira assets following a weekend…
European Markets Fall as Investors React to Earnings and UK Budget Outlook
European markets fell on Tuesday as investors digested a series of corporate earnings reports and remarks from the U.K.’s Finance…
Woodhall Capital Targets $50 Billion Global Investments to Drive Nigeria’s Economic Growth
Woodhall Capital has unveiled bold plans to attract $50 billion in global investments to accelerate Nigeria’s economic development. The financial…
Nigeria’s 2026 Tax Reforms: 50 New Exemptions to Support Low-Income Earners and Small Businesses
In a major move to ease the financial strain on Nigerians, the Presidential Fiscal Policy and Tax Reforms Committee has…
IMF Says Cedi Stability Key to Ghana’s Inflation Decline in 2025
The International Monetary Fund (IMF) has credited the remarkable stability of the Ghanaian cedi as a major factor behind the…
Tech Firms Target Nigeria’s Insurance Market with Fintech-Driven Insurtech Revolution
Nigeria’s insurance industry is entering a new digital era as technology firms seek approval from the National Insurance Commission (NAICOM)…
NLC Warns 15% Fuel Import Duty Could Trigger Petrol Price Manipulation in Nigeria
The Nigeria Labour Congress (NLC) has warned that the federal government’s newly approved 15 per cent import duty on petrol…
Genocide: US military threat weakens investors’ confidence, Naira – CPPE
The Centre for the Promotion of Private Enterprise has said that the recent threat by the United States of America,…
Stock Market Investors Gain ₦7.25 Trillion in October Despite Weekly Profit-Taking Pressure
Investors on the Nigerian Exchange Limited (NGX) recorded massive gains of over ₦7.25 trillion in October 2025, pushing the total…
Nigeria’s Inflation Set to Fall to 15.84% as Bumper Harvest Eases Food Prices – Stanbic IBTC
Nigeria’s headline inflation rate is projected to drop sharply to 15.84% in October, down from 18.02% in September, thanks to…
Dollar Hits Three-Month High as Traders Scale Back Rate-Cut Bets Amid Fed Divide
The U.S. dollar held steady on Tuesday, hovering near a three-month high as traders pared back expectations for near-term interest…
Naira and Nigerian Stocks Slide After Trump Threat of Military Action
Nigeria’s financial markets opened November 2025 under pressure as the naira and equities fell sharply following remarks by US President…