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Finance
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…
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…
CIS Urges Nigerian Students to Embrace Capital Market Certification Amid Digital…
The Chartered Institute of Stockbrokers (CIS) has called on Nigerian students to equip themselves for emerging…
FX Windfalls Fade as Nigerian Banks Return Focus to Core Lending
Foreign exchange (FX) gains, once a major source of profits for Nigeria’s top banks, have dropped sharply,…
CBN Revokes Licences of Aso Savings and Union Homes over Regulatory Breaches
The Central Bank of Nigeria (CBN) has officially revoked the operating licences of Aso Savings and Loans Plc and…
99% of Nigerian Stock Market Investors Exempt from Capital Gains Tax, Says FG
The Federal Government has assured Nigerian investors that the vast majority of participants in the stock market…
Expansion of Asset Classes in ISA 2025 Set to Boost Nigerian Capital Market, Says…
The Central Securities Clearing System (CSCS) Plc has hailed the recent expansion of recognised asset classes under…
Nigerian Equity Market Rebounds with N694 Billion Gain as Investors Return
The Nigerian equity market staged a strong rebound on Thursday, recovering N694 billion after a week of losses as…
Pension Fund Assets Rise to N26.66 Trillion as PenCom Cracks Down on Defaulters
Nigeria’s total pension fund assets under the Contributory Pension Scheme (CPS) increased by 2.2% month-on-month to…
PenCom Recovers N32 Billion from Defaulting Employers, Strengthens Pension…
The National Pension Commission (PenCom) has successfully recovered N32.27 billion from employers who failed to…
Nigeria Bans Cash Payments for Government Revenues to Boost Transparency
In a major step to enhance transparency and accountability, Nigeria’s Federal Government has banned the collection…
FG Bans Cash Payments in MDAs, Mandates POS Terminals for All Federal Revenue
The Federal Government of Nigeria has officially banned the use of physical cash for revenue payments across all…
Naira Records Mild Depreciation at Official FX Market to N1,451.86/$
Nigeria’s currency saw a modest decline at the official foreign exchange market on Monday, closing at N1,451.86/$,…
Asia-Pacific Markets Slide Ahead of Federal Reserve Rate Decision
Asia-Pacific markets saw a mostly negative session on Tuesday as investors reacted to Wall Street losses and…
FG, SEC, and NGX Collaborate on Capital Gains Tax Reform to Boost Investor…
The Federal Government has launched the National Tax Policy Implementation Committee (NTPIC) to oversee the rollout…
Nigeria Advances T+1 Settlement and Market Reforms to Boost Investor Confidence
The Securities and Exchange Commission (SEC) of Nigeria has unveiled a comprehensive set of reforms aimed at…
Nigeria Unifies Revenue Systems in Landmark Digital Reform Ahead of 2026 Rollout
Nigeria has launched its most sweeping public finance overhaul since the Treasury Single Account (TSA), unveiling a…
FG, SEC, NGX Unite to Ensure Smooth Capital Gains Tax Reform in Nigeria
The Federal Government (FG) has launched the National Tax Policy Implementation Committee (NTPIC), signaling a…
Nigerian Banks Shift Focus to New Revenue Streams as FX Gains Dry Up
As foreign exchange gains that boosted Nigerian banks over the past two years begin to fade, financial experts say…
Nigerian Stock Market Gains N97bn as Bulls Extend Winning Streak
The Nigerian equities market continued its upward momentum yesterday, with market capitalisation climbing by N97…
Asia Markets Climb on Wall Street Gains Amid Federal Reserve Rate-Cut Hopes
Asia-Pacific stock markets mostly climbed Thursday, buoyed by Wall Street’s overnight gains and renewed hopes that…
Nigerian Stock Market Hits 5-Year Low Amid Portfolio Realignment and CGT…
The Nigerian stock market experienced its sharpest monthly loss in five years in November, as uncertainty over the…
FG Contractors Renew Protests Over Unpaid N500bn Debt, Block Finance Ministry
Local contractors under the All Indigenous Contractors Association of Nigeria on Tuesday returned to the Federal…
Nigeria’s Public Debt Hits N152.39 Trillion in Q2 2025, NBS Reports
Nigeria’s public debt stock rose to N152.39 trillion in the second quarter of 2025, marking a 2.01% increase from…
CBN Orders Banks to Withdraw Misleading Ads to Protect Consumers
The Central Bank of Nigeria (CBN) has issued a stern directive to all banks, payment service banks, and other…
Nigerian Stock Market Gains N111bn as Investor Optimism Returns
The Nigerian equities market closed on a positive note yesterday, recording a remarkable N111 billion gain, fueled…
Africa Must Turn to Private Capital as Global Aid Declines — Edun Warns
Africa must increasingly rely on private capital and regional investment as global development aid continues to…
First Ally Capital Invests N2bn in First Holdco Shares Amid Rising Market…
First Ally Capital Limited, an investment firm linked to Ebenezer Olufowose, chairman of First Bank of Nigeria…
Private Sector Credit Surges N1.88 Trillion After September Rate Cut
Credit to Nigeria’s private sector rose sharply in October 2025, climbing to N74.41 trillion from N72.53 trillion…
European Markets Open Mixed as Investors Weigh Global Economic Outlook
European markets are set for a mixed and cautious start on Thursday as investors take a moment to assess both…