Mixed activities characterise banks’ recapitalisation drive as deadline nears
Nigeria’s ongoing banking sector recapitalisation exercise is entering a decisive phase, with a mix of capital raising, mergers, investor negotiations…
CBN begins publishing lending, deposit rates of Nigerian banks to boost transparency
The Central Bank of Nigeria has begun publishing interest rate data for deposit money banks, providing a detailed breakdown of…
FG outlines procedures for Tax Ombud complaints as reforms deepen
The Federal Government has outlined a clear procedure for taxpayers seeking redress against unfair tax administration following the establishment of…
Meeting NRS target does not automatically translate to government revenue — FG
The Federal Government has clarified that meeting the collection target of the Nigeria Revenue Service does not automatically translate into…
FCT-IRS, LIRS mandate residents to file tax returns before March 31
Residents of the Federal Capital Territory (FCT) and Lagos State have been directed to file their 2025 annual individual income…
Nigeria, Zimbabwe adopt presumptive tax regimes to widen revenue base
Nigeria and Zimbabwe have introduced presumptive tax measures aimed at expanding their tax bases and capturing revenue from segments of…
Local firms edge foreign counterparts in 2025 share of CIT payments
Nigerian-owned companies have maintained a slight lead over foreign businesses in the payment of Company Income Tax (CIT), accounting for…
IWD: Polaris Bank reaffirms commitment to empowering women
Polaris Bank has joined the global community in celebrating International Women’s Day 2026, reaffirming its commitment to
Recapitalisation: CBN reports steady progress in Nigeria’s banking sector
According to the CBN, banks across the industry have taken steps to raise their capital base in line with the…
Naira slumps against dollar at official market
The Nigerian naira has continued to depreciate against the United States (US) dollar on Friday, 6th March 2026, closing the Central…
30 banks meet new minimum capital requirements — CBN
The Central Bank of Nigeria (CBN) has said Nigeria’s banking sector recapitalisation programme is gaining traction, with 30 banks already…
Naira closes with over N5 loss per dollar at official market
The Nigerian naira depreciated against the United States (US) dollar on Thursday, 5th March 2026, at the Central Bank of…
New tax law protects informal, small businesses – Oyedele
“For many years, our tax system was too complex and too difficult for small businesses to navigate. Many entrepreneurs
Naira closes at N1,382.65/$ in official market
According to the data of the previous trading rates, the Naira closed at N1,390 per dollar in the official market…
NGX halts rally as profit-taking drags index 0.08% lower
The Nigerian equities market closed lower on Wednesday, snapping a recent positive run as profit-taking across...
IRS Rules Every Nigerian Expat Should Know Before Tax Season Starts
Moving to the United States for work or business brings new opportunities, but it also comes with tax responsibilities that…
Naira continues depreciation against dollar at official market
The Nigerian naira continued to depreciate against the US dollar on Tuesday, 3rd March, 2026, closing at the Central Bank…
How Nigeria can harness gas resources industrialisation —Shell
NIGERIA can harness its gas resources for industrialisation if it achieves stable regulatory enforcement, fair pricing and infrastructure ownership models…
Isreal-Iran crisis: PETROAN calls FG to strengthen local refineries
THE Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has once again emphasised the urgent need to consolidate and…
The Stephen Akintayo trifecta: An entreprenuer’s masterclass in succession, scaling
…As Mike Okiro takes over chairmanship role at Gtext In the high-stakes world of African entrepreneurship, legacies are rarely cemented…
