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LIRS Sets January 31 Deadline for 2025 Tax Returns: Employers Urged to File Early
The Lagos State Internal Revenue Service (LIRS) has reminded employers across the state that January 31, 2026, is…
UCIF Strengthens Governance with New Investment Committee Appointments
The Board of Directors of United Capital Plc has announced the appointment of four distinguished infrastructure…
NGX, DEG Drive Net-Zero Transition to Unlock $3 Billion in Climate Funding for…
The Nigerian Exchange Group (NGX Group), in partnership with Germany’s development finance institution DEG and…
SEC Warns Nigerians Against Tunbosayo Okekunle Strategic Alpha Fund Over Suspected…
Nigeria’s Securities and Exchange Commission (SEC) has issued a public alert against Tunbosayo Okekunle Strategic…
NRS: VAT on bank charges NOT introduced by new tax laws
The Nigeria Revenue Service (NRS) says value-added tax (VAT) on bank services charges was not introduced by the new…
FG Explains N152 Trillion Public Debt, Says Rise Not Due to New Borrowing
The Federal Government has clarified that Nigeria’s public debt, which now stands at N152 trillion, is largely due…
Nestle Stock Gains 10% as Nigerian All-Share Index Pauses Nine-Day Rally
The Nigerian stock market paused its recent bullish momentum on January 15, 2026, as the All-Share Index (ASI) fell…
BREAKING: SEC raises capital requirements for brokers, fund managers, digital…
Nigeria’s Securities and Exchange Commission (SEC) has unveiled a major overhaul of capital requirements for…
Nigeria Imports 1.3 Billion Litres of Petrol Despite Growing Local Refining
Nigeria imported approximately 1.31 billion litres of petrol in December 2025, even as local refining capacity…
20 Nigerian Banks Meet Recapitalisation Deadline as CBN Pushes for Productive…
About 20 deposit money banks in Nigeria have met the Central Bank of Nigeria’s (CBN) new capital requirements under…
Nigeria’s Inflation Rises to 15.15% in December 2025 as Food Prices Ease
Nigeria’s headline inflation rate climbed to 15.15 per cent in December 2025, according to the latest Consumer…
Dangote Refinery Ensures Fuel Price Stability as Expansion Plan Targets 1.4…
Dangote Refinery has hit a major milestone, producing 50 million litres of Premium Motor Spirit (PMS) daily,…
SEC Joins Forces with Nigeria Police to Tackle Ponzi Schemes and Crypto Fraud
In a decisive move to protect Nigerian investors, the Securities and Exchange Commission (SEC) has officially…
UBA Share Listing: NGX Confirms 3.16 Billion New Shares Following Rights Issue
The Nigerian Exchange Regulation (NGX RegCo) has officially confirmed the listing of 3.16 billion additional…
NUPRC Launches 90-Day Plan to Boost Nigeria’s Oil Output with Faster Approvals
Nigeria’s upstream oil sector is set for a major shake-up as the Nigerian Upstream Petroleum Regulatory Commission…
Heirs Energies Acquires 20% Stake in Seplat in $500 Million Deal
Heirs Energies Limited, the energy investment firm chaired by business mogul Tony Elumelu, has finalized a major…
Nigerian Manufacturers Aim for 10.2% GDP Contribution in 2026 Amid Policy Optimism
Nigerian manufacturers are entering 2026 with renewed optimism, aiming to boost their sector’s contribution to the…
Champion Breweries Redeems N4.21bn Commercial Paper, Strengthening Investor…
Champion Breweries Plc has successfully redeemed its N4.21bn Series 1 Commercial Paper (CP) notes at maturity, part…
Nigeria Eyes Interest Rate Cuts as Inflation Eases, Offering Relief to Strained…
Nigeria could soon see relief for its heavily burdened public finances as Finance Minister and Coordinating…
NGX Market Surges N598bn as Investor Optimism Drives Equities Rally
The Nigerian Exchange Limited (NGX) experienced a significant surge on Wednesday, with total market capitalisation…
Nigeria on Fastest Growth Track in a Decade, Says World Bank
Nigeria is poised for its fastest economic growth in more than ten years, according to the World Bank. The global…
Nigeria Allocates N34.6 Billion to Communications Ministry Amid Criticism Over…
The Federal Government has earmarked a staggering N34.6 billion for research and development under the Ministry of…
Dangote Refinery Launches 24-Hour Petrol Loading to Strengthen Nigeria’s Fuel…
The Dangote Petroleum Refinery has officially launched 24-hour petrol loading operations, marking a significant…
FG Orders Banks, Fintechs to Remit 7.5% VAT on Electronic Banking Service Fees…
The Federal Government has directed all banks and fintech companies operating in Nigeria to begin collecting and…
NGX Lists 3.16 Billion UBA Shares, Boosting Market Liquidity and Capital Base
The Nigerian Exchange Limited (NGX) has officially listed an additional 3.16 billion ordinary shares of United Bank…
Petrol Price Hike Looms in Nigeria as Global Crude Oil Crosses $66 per Barrel
Nigeria could be heading for another round of fuel price increases as global crude oil prices climbed above $66 per…
Africa Startup Funding 2025 Surges: Local Investors and Strong Fundamentals Drive…
Africa’s startup ecosystem staged a strong comeback in 2025, ending a two-year slump as total funding climbed to…
Paystack Expands into Banking with Ladder Microfinance Acquisition in Nigeria
Nigeria’s fintech landscape is set to change as Paystack, the Stripe-owned payments giant, officially steps into…
DAPPMAN Confirms 60% National Fuel Supply, Pledges Commitment to Nigeria’s Energy…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has confirmed that its members now…
FG Enforces 0.5% Levy on Fuel Wholesalers: What Nigeria’s Downstream Petroleum…
The Federal Government of Nigeria has moved to tighten regulatory control over the downstream petroleum sector by…