NRS E-Invoicing Rollout for Medium Taxpayers Begins April 2026
The Nigeria Revenue Service (NRS) has announced that it will extend its electronic invoicing system to medium and emerging taxpayers…
Day: February 18, 2026
Nigeria Circular Economy Week: Experts Demand Government Support to Unlock Waste-to-Wealth Potential
Stakeholders across the waste management value chain have called for stronger government backing and policy stability to unlock Nigeria’s growing…
Ghana Government Pays GH¢10 Billion Interest Under Domestic Debt Exchange Programme (DDEP)
The Government of Ghana has successfully settled GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking…
NNPC to Increase Gas Supply by 1.8bcf/d in 2026 to Meet Rising Domestic Demand
The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled plans to raise gas supply by an additional 1.8 billion…
FG Asset Sales in 2026: Revenue Generation Overshadows Efficiency, Analysts Warn
Analysts have raised concerns over the Federal Government’s (FG) plan to sell selected state-owned assets and enterprises to private investors…
Nigeria’s Oil Output Falls 6.3% in January 2026 Amid Price Volatility
Nigeria’s oil production fell sharply in January 2026, raising concerns about the country’s ability to meet both its budget and…
Naira Strengthens to N1,337/$ Amid Global Peace Talks: What It Means for Nigeria’s Currency Market
The Nigerian Naira has shown signs of recovery, strengthening to N1,337 per U.S. dollar at the official foreign exchange market…
Chams Enters Nigeria’s AI Infrastructure Race with New Subsidiary ChamsCorp
Chams Holding Company Plc, one of Nigeria’s pioneering technology firms, has officially launched a new subsidiary, ChamsCorp Plc, signaling its…
Meta Study Reveals Parental Controls May Not Stop Teens’ Social Media Overuse
A recent internal study by Meta, called Project MYST, suggests that parental supervision and controls—like time limits or restricted app…
FG to Review $6.2 Billion MTN-IHS Deal Amid Telecoms Sector Risks
The Federal Government of Nigeria has announced plans to closely scrutinise MTN Group’s proposed $6.2 billion acquisition of IHS Holding…
Petralon Energy Hits First Oil at Dawes Island, Wins Shell Backing
Petralon Energy has officially struck first oil at its Dawes Island Field, earning strong backing from Shell Western Supply and…
Nigeria Loses N1.76 Trillion After Missing OPEC Crude Oil Quota
Nigeria’s oil sector suffered a staggering N1.76 trillion loss in potential revenue after failing to meet the Organisation of the…
CBN Remains Sole Authority on Exchange Rates for Trade, Clarifies Nigeria Customs
The Nigeria Customs Service (NCS) has clarified that it does not independently set or adjust exchange rates used for import…
FG Launches GROW Fund to Empower 6,122 Young Entrepreneurs in Nigeria
The Federal Government of Nigeria has officially launched the GROW Fund, a financing initiative aimed at supporting more than 6,000…
Tinubu Advocates for Fairer African Financial System to End High Borrowing Costs
President Bola Tinubu has called for a more equitable global financial system, highlighting that African countries continue to pay disproportionately…
Nigeria’s Stock Market Rally Signals Strong Economic Growth, Says President Tinubu
President Bola Tinubu has highlighted the sustained rally in the Nigerian stock market as a clear reflection of the country’s…
European Stocks Set for Higher Open as UK Inflation Cools to 3%
European stocks are poised for a higher open on Wednesday as investors track global market movements and fresh economic data.…
NGX Market Capitalisation Falls to N121.55tn as Banking Stocks Trigger Sell-Off
The Nigerian equities market closed lower on Tuesday, ending a multi-day rally as investors took profits in major banking stocks.…
No Power, No Growth: Aliko Dangote Urges Urgent National Retreat to Fix Nigeria’s Electricity Crisis
The President and Chairman of Dangote Industries Limited, Aliko Dangote, has warned that Nigeria cannot achieve meaningful economic growth without…
Data Privacy Concerns Threaten Nigeria’s Financial Inclusion Drive
Growing concerns about data privacy in Nigeria’s financial inclusion efforts are emerging as a major obstacle to bringing millions into…