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Business
Lawmakers May Suspend January 2026 Tax Reform Over Alleged Gazetted Alterations –…
Nigeria’s planned January 2026 rollout of new tax reform laws could be suspended, following allegations of…
Naira Depreciation Hits Two-Month Low Amid Liquidity Crunch and Weak Detty…
The Nigerian naira weakened to a two-month low last week, trading at N1,466.5 to the dollar at the official forex…
Top 10 NGX Brokers Control 87% of Market Transactions Amid Year-End Rally
Fresh data from the Nigerian Exchange (NGX) shows that ten stockbroking firms dominated market activity in the week…
SEC Sets January 31 Deadline for Capital Market Operators’ Registration Renewal
Nigeria’s Securities and Exchange Commission (SEC) has directed all capital market operators (CMOs) to renew their…
U.S. Treasury Yields Fall Ahead of Key Debt Auctions as Investors Eye Inflation…
U.S. Treasury yields moved lower on Tuesday as investors adopted a cautious stance ahead of a series of key…
Why Investors Chose Dollar Over Naira Investments Despite Signs of Economic…
Despite recent signs that Nigeria’s economy may be turning a corner, many investors are still cautious. According…
How to Generate Your Tax ID via JTB Ahead of 2026
As Nigeria prepares for the 2026 fiscal year, obtaining a Tax Identification Number (TIN) through the Joint Tax…
Nigerian Fintech Funding Hits $230M in 2025: Are Startups Creating Real Economic…
Nigerian fintech startups raised a total of $230 million in 2025, signaling a sharp 44% decline from the $410…
EIA Revises OPEC Oil Capacity: Spare Production Higher Than Expected
The U.S. Energy Information Administration (EIA) has quietly updated its outlook on global oil production,…
Dangote-NMDPRA Feud: PENGASSAN Calls for Strong Institutions to Protect Nigeria’s…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for stronger institutions…
Indigenous Operators Drive Nigeria’s Energy Future, Marks 10 Years of Impact –…
The Independent Petroleum Producers Group (IPPG) has marked a decade of resilience, collaboration, and…
PenCom Recovers N4.04bn from Defaulting Employers in 2025, Expands Pension…
The National Pension Commission (PenCom) has announced the recovery of N4.04 billion from defaulting employers…
CBN Mandates Multi-Factor Authentication for Foreign Card Transactions Across…
The Central Bank of Nigeria (CBN) has ordered banks and non-bank acquirers to strengthen security on foreign-issued…
European Markets Slip Ahead of Short Trading Week as Gold Hits Record Highs
European stocks fell modestly on Monday, as positive momentum from last week’s gains slowed ahead of a short…
SEC Mandates CMO Registration Renewal and Launches Digital Transformation Portal
The Securities and Exchange Commission (SEC) has instructed all Capital Market Operators (CMOs) to renew their…
Shehu Shantali Appointed CSCS CEO, Pledges to Build on Jalo-Waziri’s Legacy
The Central Securities Clearing System Plc (CSCS) has officially announced the appointment of Shehu Shantali as its…
Banking and Consumer Stocks Propel Nigerian Equities Up 1.76% Amid Year-End Rally
Nigerian equities ended the week on a high note, gaining 1.76% thanks to strong buying interest in banking and…
CBN Eases Foreign Card Usage for Tourists and Returning Nigerians
The Central Bank of Nigeria (CBN) has issued a new directive to banks and financial institutions aimed at improving…
Yuletide Travel Alert: FCCPC Warns Road Transporters Against Unfair Fare Hikes
As millions of Nigerians prepare for yuletide travels, the Federal Competition and Consumer Protection Commission…
Asia-Pacific Markets Rise as China Holds Lending Rates, Boosting Investor…
Asia-Pacific markets closed higher on Monday as investors reacted calmly to China’s decision to keep its key…
Price War Deepens as Petrol Prices Crash by N100 Amid Dangote Refinery Push
Nigeria’s downstream oil sector has entered a fierce petrol price war, as filling stations slash pump prices by as…
Dangote Launches ₦739/Litre Petrol Nationwide at MRS Stations
Dangote Petroleum Refinery has begun nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per…
World Bank Set to Approve $500m Loan to Boost MSMEs in Nigeria
The World Bank is expected to approve a $500 million loan for Nigeria on Friday as part of a major push to improve…
Dollar Exchange Rates Steady Ahead of ECB and BoE Rate Decisions
The U.S. dollar held its ground against major currencies on Thursday, as traders braced for upcoming central bank…
NEPAD Reaffirms Commitment to Africa’s Trade Growth under AfCFTA
The NEPAD Business Group Nigeria (NBGN) has reaffirmed its commitment to driving private sector–led economic…
NGX Banking Index Surges 38% in 2025 Despite Uneven Stock Performance
Banking stocks on the Nigerian Exchange Limited (NGX) have delivered mixed results in 2025, even as the NGX Banking…
Nigeria’s Trade with ECOWAS Soars 43% to N6.9 Trillion in 2025
Nigeria’s trade with fellow Economic Community of West African States (ECOWAS) countries recorded a remarkable 43…
TikTok Cedes U.S. Control to American Investor Group in Major Security-Focused…
TikTok has reached a landmark agreement to transfer significant control of its U.S. operations to a consortium of…
FCMB Group Gets Shareholders’ Approval to Raise N400bn Ahead of 2026 CBN…
Shareholders of FCMB Group Plc have approved a major capital raise of up to N400 billion, positioning the bank to…
CBN Survey Predicts Business Confidence in Nigeria to Hit 52.8 Points by Mid-2026
Nigeria’s business environment is set for a boost over the next six months, with confidence among businesses…