NGX loses N256bn as profit-taking deepens sell-off
Nigeria’s equities market extended its bearish run on Tuesday, shedding ₦256.05 billion in market value as sustained profit-taking pressure pushed
CMFC, UPDC REIT, eight others lead stock market’s N5tr Sept gain
Critical Minerals Financing Corporation (CMFC) Plc was the best-performing stock at the Nigerian stock market in September as investors scrambled…
Naira depreciates against dollar at official FX market
The Nigerian naira depreciated against the United States (US) dollar, trading at N1,331.6875 at
Nigeria Economic Summit to push for economic opportunities beyond Lagos, Abuja
The Nigerian Economic Summit Group (NESG) has called for a deliberate redistribution of economic activity across Nigeria's 36 states and…
Cable counterfeiting: Coleman demands jail terms, stiffer penalties
Coleman Technical Industries Limited has called for stiffer penalties, including imprisonment, for manufacturers and distributors of counterfeit and substandard cables,…
AHCN unveils 740,000-mass housing initiative, targets 148,000 units annually from 2027
The Association of Housing Corporations of Nigeria (AHCN) has unveiled a five-year mass housing initiative targeting the delivery of 740,000…
Keyamo reveals source of $500m Lagos airport reconstruction fund
Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed that the $500m earmarked for the reconstruction of the Murtala…
Personal loans hit N2.06trn as Nigerians borrow to cope with rising costs
Personal loans obtained by Nigerians rose to an estimated N2.06 trillion in May 2026, accounting for nearly two-thirds of total…
How overlapping budgets are causing delay in capital projects implementation —Experts
Economic and financial Experts have disclosed that overlapping budgets of 2024 and 2025 have made it difficult for the Federal…
NRS seals Kaduna Electric HQ over unpaid taxes
The Nigeria Revenue Service (NRS) has sealed the headquarters of Kaduna Electric in Kaduna over alleged outstanding statutory tax liabilities.…
Nigeria-US rate gap narrows, raises capital-flow concerns
The interest-rate differential between Nigeria and the United States is narrowing, raising concerns over capital flows, the attractiveness of naira…
Nigeria’s agricultural trade deficit returns as exports fall 36 percent to N803bn in Q2
Nigeria’s agricultural trade balance has returned to deficit after agricultural exports fell by 36 per cent year-on-year (YoY) to N803…
Nigeria @ 66: From lender to IMF, World Bank to heavy borrower despite rising revenue
At 66, Nigeria confronts stark economic irony, as CHIMA NWOKOJI writes on how, once an IMF and World Bank lender,…
Health tax reform: NHIA seeks coordinated action to curb NCDs, boost healthcare funding
NIGERIA needs stronger coordination across government, the legislature and the private sector to turn health-tax proposals into effective sources of…
Technology-driven tax reforms ease compliance, create fairer business environment —NRS
THE Nigeria Revenue Service (NRS) has said its technology-driven tax reforms are designed to simplify compliance, reduce revenue leakages and…
States collect N113.94bn road taxes in three years —NBS
THE 36 states of the federation generated a combined N113.94 billion from road taxes between 2023 and 2025, according to…
Firm driving Nigeria’s digital commerce commits to sustainable growth
A leading multi-category technology company, Glovo, has reaffirmed its confidence in Nigeria and is committed to supporting customers, partners, and…
Greenwich Bank takes off, opens three branches in Lagos
The Lagos State Government has commended Greenwich Bank Limited for opening its first three commercial banking branches in Lagos, describing…
Stakeholders unite to promote taxpayer rights in North-West
THE Office of the Tax Ombud, in collaboration with key stakeholders from the public and private sectors across the North-West…
Expert stresses need to promote entrepreneurship, digital literacy, others
Immediate Past Chairman, Nigerian Society of Engineers (NSE), Ibadan branch, Ibraheem Folarin Bello FNSE, has advocated professionals, institutions and organisations…
