VAT: Experts urge CBN to clarify charges, protect banking public
FINANCIAL experts have called on the Central Bank of Nigeria (CBN) to provide clearer guidance and strengthen consumer protection as…
Banks begin deduction of N3.75 VAT on card maintenance fee
NIGERIAN banks have commenced the deduction of a 7.5 per cent Value Added Tax (VAT) on selected electronic banking charges,…
Workers’ Disposable income to improve as payroll updates roll out —Oyedele
MOST Workers should begin to see improvements in their disposable income once payroll systems are fully updated from the end…
WAIFEM welcomes tax reform, flags implementation risks ahead of 2026
THE West African Institute for Financial and Economic Management (WAIFEM) has welcomed the ongoing tax reform initiatives across the country,…
AEDC transitions into holding company, announces strategic appointments
The development follows the enactment of the Electricity Act of 2023, which empowers state governments to establish independent electricity markets…
Nigeria processed $92.1bn crypto transactions in 12 months — PwC
PwC warned that although inflation is easing, residual price shocks could erode the real value of spending...
NFIU hails Nigeria’s removal from EU’s high-risk financial list
The agency noted that while the NFIU played a central role in ensuring compliance with international AML/CFT/CPF standards, the achievement…
Ojulari assures stakeholders of purpose-driven NNPCL, promises greater achievements
The Group Chief Executive Officer of NNPC Limited, Mr Bashir Bayo Ojulari, has assured that the country’s premier oil corporation…
Gov Inuwa seeks partnership with Ashaka Cement for jobs, others
Gombe State Governor, Muhammadu Inuwa Yahaya, on Saturday, met with the management of Ashaka Cement Plc, led by its Managing…
Dangote splashes N15bn in gifts, cash to appreciate cement distributors at awards nite
•Announces expansion of cement production capacity to 90 million tonnes Dangote Cement Plc has celebrated its top distributors and customers…
Relief for exporters, importers, banks as Nigeria exits EU financial high-risk list
Nigeria is set for a significant boost in trade and foreign investment following its removal from the European Union’s (EU)…
SEC raises capital requirements
…sets N10bn for exchanges, N5bn for asset managers Nigeria’s capital market is facing one of its most far-reaching regulatory resets…
20 ships discharging petroleum products, other commodities in Lagos ports
A total of 20 ships are discharging petroleum products and other commodities at Apapa, Tin-Can Island and Lekki Deep Sea…
Exchange rate outcomes must be anchored on real economic productivity – NESG
Nigeria Economic Summit Group (NESG) has said that the stability of the naira in 2026 will largely depend on the
Dangote refinery supplied 32 million litres of petrol daily in December – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) report has shown that the Dangote Refinery supplied an average of…
Nigeria’s headline inflation eased to 15.15% in December 2025 — NBS
Nigeria’s headline inflation rate moderated to 15.15 per cent in December 2025 following a methodological review by the National Bureau…
Profit-taking activities halts rally as market cap lose N457bn
The Nigerian Exchange (NGX) halted its bullish momentum on Thursday, snapping a nine-session winning streak as investors
NGX launches ‘Net Zero’ initiative to accelerate climate action
Nigerian Exchange Group (NGX) has launched its 'Net Zero' initiative, signalling a decisive shift toward embedding climate action and
VAT is on charges collected by banks, not customers’ transactions — NRS
“The Nigeria Tax Act did not introduce VAT on banking charges, nor did it impose any new tax obligation ...
Nigeria’s economy to grow by 4.68% in 2026 – FG
The Federal Government of Nigeria says the economy is projected to grow by 4.68 per cent in 2026 as government…
