Union Gives Ultimatum to Unity Bank Over Staff Sack
ASSBIFI demands Unity Bank recall over 100 terminated employees, citing breach of labour laws and merger agreement. The union threatens industrial action if demands are not met.
ASSBIFI demands Unity Bank recall over 100 terminated employees, citing breach of labour laws and merger agreement. The union threatens industrial action if demands are not met.
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Financial experts project the naira will trade between N1,350 and N1,450 against the US dollar in 2026. Discover the key factors influencing this forecast and what it means for Nigeria's economy.
Nigeria's new VAT sharing formula, effective January 2026, shifts N461.27bn to states. Federal allocation drops to 10%. Discover the state-by-state impact and fiscal future.
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The Federal Government has nullified the sale of FAAN staff quarters nationwide. Minister Festus Keyamo announced the decision, citing security concerns in sensitive airport zones. Read the full details.
Addme Nutrition Limited launched the new year with a vibrant balloon release at Ikotun Market, Lagos, promoting stress-free living. The event featured giveaways, meals, and a powerful message about simplifying daily cooking for Nigerian families.
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RecommendedNigerian households get relief as cooking gas (LPG) prices fall to between N1,000 and N1,400 per kg. Improved supply from late 2025 ends months of scarcity. Read the full market report.
United Bank for Africa (UBA) has officially exceeded the Central Bank's N500bn capital requirement for international banks. The feat, achieved via a N178.3bn rights issue, positions UBA for expansion ahead of the March 2026 deadline. Read the full details
Nigeria Customs Service introduces a temporary import scheme for personal vehicles, allowing duty-free entry for up to 90 days for tourists and business visitors. Learn the rules and required documents.
Over 2,143 Kaduna grain farmers appeal to the Federal Government for subsidised inputs after a devastating N10.16 billion loss in 2025. Read their urgent plea to avert a food security crisis.
Nigeria's solar mini-grid drive is reducing energy poverty, but experts warn progress is too slow against population growth and funding gaps. Can universal access be achieved? Read the full analysis.
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RecommendedNAHCO secures major handling contracts with Air France, KLM & others. SAHCO commits to operational excellence and innovation in 2026. Key developments for Nigeria's aviation ground handling sector.
Economist Bismarck Rewane warns Nigeria faces fiscal deficits from falling crude oil prices. He projects market growth but urges spending efficiency. Read his full analysis.
The Federal Ministry of Marine and Blue Economy affirms significant progress in 2025, citing Apapa gridlock resolution, IMO Council return, and new port approvals as key achievements driving economic diversification.
The Nigeria Labour Congress warns the Federal Government that the new tax laws undermine the tax system and democracy. Get the full details on the controversy, including reactions from Oshiomhole, APC, and tax experts.
Traders in Lagos's Balogun Market face hardship as shops remain sealed weeks after the GNI building fire. Governor Soludo mourns victims as officials cite safety concerns.
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RecommendedMinister Dele Alake commended Dangote Cement for fulfilling its Community Development Agreement in Gboko, Benue, with new water projects and scholarships. Read about the N28.8 million initiative.
Nigeria's 2025 Tax Acts aim to rebuild the nation's fiscal architecture, protect low earners, and drive digital compliance. Discover the long-term strategy beyond the revenue debate.
Cross River IRS suspends new tax assessments to align with the 2025 Tax Act, aiming to curb leakages and enforce digital payments. Rangers also train to combat illegal mining in the national park.
Leadway Assurance begins validating thousands of African Alliance retirees to ensure seamless annuity payments. This NAICOM-backed move aims to protect retirees' financial security amidst rising living costs. #Insurance #Nigeria
The Nigeria Customs Service, Apapa Port Command, recorded N2.93 trillion revenue in 2025, a 24.32% increase. Controller Emmanuel Oshoba credits technology and stakeholder compliance. Read more.
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RecommendedFinsbury Heinz Limited wins AfriSAFE Auditing Company of the Year 2025. Its MD, Jamiu Badmos, calls on the Nigerian government to urgently sign the Occupational Safety and Health Bill into law to save lives.
CITN President Innocent Ohagwa outlines the pillars for Nigeria's new tax reform success: sustained implementation, capacity building & stakeholder engagement. Learn how the reforms aim to harmonize taxes and boost revenue.
Prof. Bode Ayorinde calls for tax exemption for universities, warning that current levies stifle quality education and national development. Read his full appeal.
PwC Nigeria projects 4.3% GDP growth for 2026, driven by inflation moderation and naira stability. The report outlines seven key themes shaping the economic outlook for businesses and investors.
Nigerian manufacturers call for loans below 10% and consistent economic policies to revitalize the sector in 2026, despite stable FX and new tax reliefs. Read their full demands.
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RecommendedNCAN reveals Nigeria's cashew value chain can generate $10 billion annually with proper development. Learn about the untapped potential and upcoming Nigeria Cashew Day 2026.