NESG to convene 32nd economic summit on jobs, others
Nigerian Economic Summit Group (NESG) has announced the 32nd Nigerian Economic Summit (NES#32), scheduled to hold on
FCMB raises instant loan limit to N500,000
First City Monument Bank (FCMB) has increased the limit on its FastCash instant loan to N500,000, allowing eligible customers to
Fuel subsidy could have cost Nigeria N53trn, pushed naira to N3,500/$ — NRS chair
Nigeria’s petrol subsidy could have cost the Federal Government as much as N53 trillion under current market conditions and pushed…
Nigeria moves to produce armoured vehicles, anti-drone systems locally — DICON-D7G
NIGERIA is intensifying efforts to strengthen its indigenous defence industry with plans to establish local production lines for armoured vehicles,…
FG warned against importation of refined petroleum products
The Federal Government has been warned against importing refined petroleum products when local refineries can fill the gap.
Foreign exchange, huge concern for manufacturers in Q2, 2026 —Report
Despite the Federal Government’s reforms, aimed at easing the challenges associated with sourcing foreign exchange in the country, a report,…
NSDC mobilises $1bn investment pipeline to boost Nigeria’s sugar sector
THE National Sugar Development Council (NSDC) is repositioning the sugar sector as one of the country’s most compelling industrial investment…
RMAFC’s reforms and “fair wage for fair work philosophy”
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reaffirmed its commitment to ensuring fair wages for fair work, saying…
Tax authorities can assess undisclosed business income, experts warn
Tax authorities in Nigeria can assess businesses for tax based on assumed income where taxpayers fail to file returns and…
Top five transactions that attract withholding tax in Nigeria
Businesses and individuals in Nigeria are required to deduct Withholding Tax (WHT) from certain payments and remit the amount to…
PwC identifies six categories guiding tax treatment of Virtual Assets in Nigeria
PricewaterhouseCoopers (PwC) has identified six categories of virtual assets under Nigeria’s new tax framework, with the classification determining the taxes…
Sidi‑Ali emerges Nigeria’s 2026 spokesperson of the year
The Acting Director of Corporate Communications and Investors Relations at the Central Bank of Nigeria (CBN), Mrs. Hakama Sidi-Ali, has…
Naira trades N1,357.6/$ at official FX market
…Black market (Buying and selling rates): N1,410— N1,420 The Nigerian naira appreciated against the United States (US) dollar, trading at…
‘We ought to sell the fruits last week, but they were delivered just yesterday’
•Bad roads, bandits, fuel costs: The ordeal of Ibadan fruit sellers Behind every basket of fresh fruits displayed in local…
NIPR President advocates development communication against corruption
President of the Nigerian Institute of Public Relations (NIPR), Dr. Ike Neliaku, says Nigeria cannot achieve significant growth without embracing…
Nigeria-China trade rose to $18bn on zero-tariff policy — Envoy
Nigeria-China trade rose by 35 per cent to $18 billion in the first half of 2026, following the implementation of…
SEC orders fresh asset freeze over alleged terrorism financing, names nine more
The Securities and Exchange Commission (SEC) has ordered all capital market operators to immediately freeze funds, assets and other economic…
NAICOM confirms seven more insurers compliant, bringing total to 48 recapitalised firms
The National Insurance Commission (NAICOM) has verified seven additional insurance companies as meeting the minimum capital requirements under the Nigerian…
FG re-opens three bonds valued at N1.1trn for Aug subscription
THE Debt Management Office (DMO), on behalf of the Federal Government, has announced an offer of three FGN bonds valued…
Noor Takaful, Noor Health distribute N427.96m surplus to participants
NOOR Takaful Insurance Limited, Nigeria’s pioneer and leading composite Takaful insurance firm, along with its subsidiary, Noor Health Ltd, has…
