Banking NRS: VAT on bank charges NOT introduced by new tax laws Jan 16, 2026 0 The Nigeria Revenue Service (NRS) says value-added tax (VAT) on bank services charges was not introduced by the new…
Local FG Explains N152 Trillion Public Debt, Says Rise Not Due to New Borrowing Jan 16, 2026 0 The Federal Government has clarified that Nigeria’s public debt, which now stands at N152 trillion, is largely due…
investment Nestle Stock Gains 10% as Nigerian All-Share Index Pauses Nine-Day Rally Jan 16, 2026 0 The Nigerian stock market paused its recent bullish momentum on January 15, 2026, as the All-Share Index (ASI) fell…
Business BREAKING: SEC raises capital requirements for brokers, fund managers, digital… Jan 16, 2026 0 Nigeria’s Securities and Exchange Commission (SEC) has unveiled a major overhaul of capital requirements for…
Business Nigeria Imports 1.3 Billion Litres of Petrol Despite Growing Local Refining Jan 16, 2026 0 Nigeria imported approximately 1.31 billion litres of petrol in December 2025, even as local refining capacity…
Business 20 Nigerian Banks Meet Recapitalisation Deadline as CBN Pushes for Productive… Jan 16, 2026 0 About 20 deposit money banks in Nigeria have met the Central Bank of Nigeria’s (CBN) new capital requirements under…
Business US Market Rally Set to Broaden Beyond Tech as Investors Rotate Into New Sectors Jan 16, 2026 0 The long-running US stock market rally, powered largely by technology giants, may be entering a new phase as…
Business Nigeria–China Crude Oil Trade Poised for Growth as Venezuela Supplies Slump Jan 16, 2026 0 Nigeria’s crude oil trade with China is expected to expand following a sharp decline in Venezuela’s oil exports to…
Local Nigeria’s Inflation Rises to 15.15% in December 2025 as Food Prices Ease Jan 16, 2026 0 Nigeria’s headline inflation rate climbed to 15.15 per cent in December 2025, according to the latest Consumer…
Business Dangote Refinery Ensures Fuel Price Stability as Expansion Plan Targets 1.4… Jan 15, 2026 0 Dangote Refinery has hit a major milestone, producing 50 million litres of Premium Motor Spirit (PMS) daily,…
Business SEC Joins Forces with Nigeria Police to Tackle Ponzi Schemes and Crypto Fraud Jan 15, 2026 0 In a decisive move to protect Nigerian investors, the Securities and Exchange Commission (SEC) has officially…
Business UBA Share Listing: NGX Confirms 3.16 Billion New Shares Following Rights Issue Jan 15, 2026 0 The Nigerian Exchange Regulation (NGX RegCo) has officially confirmed the listing of 3.16 billion additional…
International AI Breakthrough in High-Level Math: GPT 5.2 Solves Legendary Erdős Problems Jan 15, 2026 0 Over the weekend, software engineer and former quant researcher Neel Somani made a surprising discovery while…
Business NUPRC Launches 90-Day Plan to Boost Nigeria’s Oil Output with Faster Approvals Jan 15, 2026 0 Nigeria’s upstream oil sector is set for a major shake-up as the Nigerian Upstream Petroleum Regulatory Commission…
Business Heirs Energies Acquires 20% Stake in Seplat in $500 Million Deal Jan 15, 2026 0 Heirs Energies Limited, the energy investment firm chaired by business mogul Tony Elumelu, has finalized a major…
Business Nigerian Manufacturers Aim for 10.2% GDP Contribution in 2026 Amid Policy Optimism Jan 15, 2026 0 Nigerian manufacturers are entering 2026 with renewed optimism, aiming to boost their sector’s contribution to the…
Business European AI Chip Stocks Surge as TSMC Posts Record Q4 Profit; ASML Shares Jump 7% Jan 15, 2026 0 European AI chip stocks led a rally on Thursday, with investors reacting positively to record earnings from Taiwan…
Business Champion Breweries Redeems N4.21bn Commercial Paper, Strengthening Investor… Jan 15, 2026 0 Champion Breweries Plc has successfully redeemed its N4.21bn Series 1 Commercial Paper (CP) notes at maturity, part…
Business Nigeria Eyes Interest Rate Cuts as Inflation Eases, Offering Relief to Strained… Jan 15, 2026 0 Nigeria could soon see relief for its heavily burdened public finances as Finance Minister and Coordinating…
Business NGX Market Surges N598bn as Investor Optimism Drives Equities Rally Jan 15, 2026 0 The Nigerian Exchange Limited (NGX) experienced a significant surge on Wednesday, with total market capitalisation…
Business Swiss Competition Authority Investigates Microsoft Licensing Fee Hikes Jan 15, 2026 0 Switzerland's competition watchdog has launched a preliminary probe into Microsoft’s licensing fees, following a…
Business Nigeria on Fastest Growth Track in a Decade, Says World Bank Jan 15, 2026 0 Nigeria is poised for its fastest economic growth in more than ten years, according to the World Bank. The global…
Local Nigeria Allocates N34.6 Billion to Communications Ministry Amid Criticism Over… Jan 15, 2026 0 The Federal Government has earmarked a staggering N34.6 billion for research and development under the Ministry of…
Business Dangote Refinery Launches 24-Hour Petrol Loading to Strengthen Nigeria’s Fuel… Jan 15, 2026 0 The Dangote Petroleum Refinery has officially launched 24-hour petrol loading operations, marking a significant…
Banking FG Orders Banks, Fintechs to Remit 7.5% VAT on Electronic Banking Service Fees… Jan 15, 2026 0 The Federal Government has directed all banks and fintech companies operating in Nigeria to begin collecting and…
Business NGX Lists 3.16 Billion UBA Shares, Boosting Market Liquidity and Capital Base Jan 15, 2026 0 The Nigerian Exchange Limited (NGX) has officially listed an additional 3.16 billion ordinary shares of United Bank…
Business European Markets Set for Higher Open as Greenland Tensions and Iran Developments… Jan 15, 2026 0 European markets are expected to open broadly higher on Thursday as investors weigh escalating geopolitical…
Business Petrol Price Hike Looms in Nigeria as Global Crude Oil Crosses $66 per Barrel Jan 15, 2026 0 Nigeria could be heading for another round of fuel price increases as global crude oil prices climbed above $66 per…
Business Africa Startup Funding 2025 Surges: Local Investors and Strong Fundamentals Drive… Jan 14, 2026 0 Africa’s startup ecosystem staged a strong comeback in 2025, ending a two-year slump as total funding climbed to…
Technology Apple launches ‘Creator Studio’ bundle of apps for $12.99 per month Jan 14, 2026 0 Apple has unveiled a new subscription bundle called Creator Studio, designed to give creators seamless access to…