Court Hears Suit to Stop New Tax Law Implementation
An Abuja High Court has begun hearing a suit seeking to halt Nigeria's new tax regime set for January 1, 2026. The case challenges the validity of key tax reforms. Read the latest details.
Category : Business
Nigeria Tipped as Top Cocoa Supplier to Meet Global Demand
Dr. Ebenezer Akinrinade unveils Cocoa RepubliQ, a 200-acre estate in Ogun, highlighting Nigeria's unique potential to meet rising global cocoa demand. Investment starts at N3m.
Akpabio Donates Fishing Boats to Akwa Ibom Women
Senate President Godswill Akpabio boosts livelihoods in Akwa Ibom by donating 10 fully-equipped fishing boats to women and cooperatives in riverine communities. Read more.
Enugu Launches Livestock Hub to Boost Agro-Exports
Enugu State commissions a model veterinary hospital and flags off an integrated livestock development centre, aiming to transform agriculture and become a regional agro-export hub. #Agriculture #Enugu
FG Calms Investors After US Air Strike in Sokoto
Finance Minister Wale Edun says the joint US-Nigeria air strike was targeted at terrorists and reinforces economic stability. He highlights GDP growth, falling inflation, and credit rating upgrades.
Economy Remains Stable Despite Sokoto Airstrikes - Edun
Finance Minister Wale Edun assures that Nigeria's economy remains resilient with 3.98% Q3 GDP growth and falling inflation, despite recent counterterrorism operations in Sokoto. Investor confidence is high.
FirstBank CEO Explains Digital Innovation Drive
FirstBank CEO Olusegun Alebiosu unveils a 24/7 Digital Xperience Centre at UNIBEN, enhancing customer flexibility and financial inclusion without job losses. Discover the future of banking.
Edun: Nigeria Open for Business After US Airstrikes
Finance Minister Wale Edun assures investors Nigeria remains stable and focused on growth following US-Nigeria joint security operation in Sokoto. GDP growth and falling inflation highlight strong economic fundamentals.
Nigeria Hits Record 1.236m TB Mobile Data Use in Nov 2025
Nigerians consumed a record 1.236 million terabytes of mobile data in November 2025, NCC data reveals. Explore the drivers, key players like MTN and Airtel, and the challenges facing digital growth.
Debt Servicing Cripples Africa's Development - Moghalu
Ex-CBN deputy governor Kingsley Moghalu reveals African nations spend more on debt than health & education combined. Nigeria allocates 70% of revenue to repayments. Discover the data blocking development.
NNPC Boss Says Petrol Price War Will Benefit Consumers
NNPC GCEO Bayo Ojulari states the fuel price competition between Dangote Refinery and marketers is a natural market shift that will ultimately favour Nigerian consumers. Read more.
Nigeria's FX Reserves Surge to $45.24bn, Boosting Naira Hope
Nigeria's external reserves climbed to a seven-year high of $45.24bn in December 2025, a $4.39bn annual increase. CBN Governor attributes gains to FX reforms, raising fresh optimism for naira stability in 2026. Read the full analysis.
CBN Announces New Cash Withdrawal, Deposit Rules for 2026
The Central Bank of Nigeria has revised its cash withdrawal and deposit policies, effective January 1, 2026. Learn the 5 major changes, including new limits and fees.
Mexico Train Derailment: 13 Dead, Dozens Injured
At least 13 killed as Mexico's flagship Interoceanic Train derails in Oaxaca. Over 250 passengers onboard. President orders investigation. Read the latest details.
Atiku Warns Tinubu Over Tax Laws Re-Gazetting
Atiku Abubakar cautions that hurriedly re-gazetting Nigeria's new tax laws undermines parliamentary oversight and sets a dangerous constitutional precedent. Full analysis.
Nigeria's Mandatory Car Recycling Fee Starts 2026
From 2026, Nigerians will pay a mandatory vehicle recycling fee at registration. The policy aims to generate over N150bn yearly, create jobs, and regulate used car imports. Get all the details.
Nigerian Authorities Sanction 7 Airlines in 2025
The NCAA sanctioned seven airlines, including Qatar Airways and Air Peace, for passenger rights violations in 2025. Discover the full list of fines and the regulator's warning for 2026.
Firm Gives ₦4bn Assets to Loyal Managers
Cosgrove Investment transfers ₦4 billion in real estate to management staff as a long-term reward. Chairman Umar Abdullahi says it's about sustainable wealth, not short-term cash. #Nigeria #Business
Tinubu cancels $1.42bn NNPC debt to Federation Account
President Bola Tinubu has approved the cancellation of $1.42 billion in legacy debts owed by NNPC Ltd to the Federation Account. Learn the details and implications of this major financial decision.
New Tax Law May Send Domestic Airfares to N1 Million
Air Peace CEO Allen Onyema warns that new tax provisions could push domestic flight fares beyond ₦1 million, threatening airline collapse. He calls for urgent government intervention.
Stakeholders Seek Stronger Actuarial Foundation for Insurance Growth
Nigerian insurance leaders call for enhanced actuarial capacity to improve risk management and increase insurance penetration. A recent Lagos workshop highlights the critical need for investment in local expertise.
Investors' Wealth Up N953bn as Yuletide Rally Continues
Nigerian equity investors gained N953.4 billion last week as a sustained yuletide rally pushed market capitalisation to N97.89 trillion. Discover the sectors and stocks driving the bullish trend.
RusselSmith Fully Repays N3bn Series 1 Commercial Paper
RusselSmith Nigeria Limited has successfully repaid its N3 billion Series 1 Commercial Paper, fulfilling all investor obligations on schedule. This milestone reinforces its credibility in Nigeria's capital markets. Discover the details.
Nigeria Misses 2025 Broadband Target, New Plan in Works
Nigeria falls short of its 70% broadband penetration goal for 2025, reaching only 50.58%. The NCC confirms a new five-year plan is underway, focusing on satellite technology to bridge the digital divide. Read more.
Travel Expert: Leisure Breaks Vital for Health, Productivity
Roaming Travels CEO advises Nigerians to embrace affordable local leisure breaks to combat stress and boost wellbeing. Discover how simple getaways can refresh your mind.
Lagos, NIOB Partner on Physical Planning & Safety
Lagos State Government commits to a strategic alliance with the Nigerian Institute of Building to enforce planning laws, ensure professional standards, and prevent structural failures. Learn how this move aims to protect lives and property.
GEF stakes $372m on Nigeria, Africa environmental projects
The Global Environment Facility approves over $372 million to tackle urgent environmental issues in Nigeria and other nations. The funding targets biodiversity, climate change, and pollution.
Developer Tolu Bawa-Allah on Quality Real Estate in Lagos
Prindex Properties MD, Tolu Bawa-Allah, emphasizes unwavering quality in Lagos real estate and strategic partnerships to combat inflation. Explore the Apple Place Apartments showcase in Agungi, Lekki.
Data Centre Sector is Nigeria's Fastest-Growing Construction Asset
Nigeria's data centre capacity is set to explode from 56.1MW to over 218MW by 2030, making it the hottest asset in construction. Discover the driving forces and the contrasting trends in residential real estate.
Nigeria Seeks Private Sector Support for Biodiversity Plan
Nigeria intensifies efforts to save its rich biodiversity, urging businesses to act under the new National Strategy. Experts warn of severe threats to food security and the economy. Read more.
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