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Category : Business
Gombe State secures five new major investments
Gombe State attracts five new investments in key sectors, driven by business reforms under the SABER programme. Discover how this boosts Nigeria's economy.
Ezekwesili: Suspend Tax Act Over Credibility Crisis
Oby Ezekwesili calls for immediate suspension of Nigeria's Tax Reform Act, citing grave constitutional concerns over a disputed gazetted version. She demands a transparent inquiry.
Borno exports $0.8m shoes, develops industrial hub
Borno State boosts economy with $800k leather exports and launches a new industrial hub with a dry port. Governor Zulum presents N890.33bn budget for 2026. Read more.
₦200m Fund Launched for 20 Ogoni Entrepreneurs
Chief Lesi Maol invests ₦200m to empower 20 Ogoni entrepreneurs, urging youth to embrace wealth creation for sustainable development. A transformative step for Ogoniland's economy.
FIRS Transforms to Nigeria Revenue Service in 2026
Nigeria's FIRS transitions to the Nigeria Revenue Service in January 2026, driven by four new laws. The reform promises streamlined tax processes, stronger oversight, and integrated revenue collection for better public finance management.
Tinubu: New Tax Laws to Commence January 1, 2026
President Bola Tinubu insists Nigeria's new tax laws will take effect on January 1, 2026, despite controversy over alleged alterations and a National Assembly probe. Read the full details.
Bayelsa Bans Timber Transport, Stops Dredging
Bayelsa State Government bans movement of forest products and suspends all dredging activities from January 1, 2026. Commissioner Ebi Ben Ololo warns of arrests for violators. Protect the environment now!
NNPCL Cancels N4.01 Trillion Subsidy Debt
The Nigerian National Petroleum Company Limited has cleared N4.01 trillion in subsidy arrears owed by the FG after FAAC reconciliation. Discover the details and implications for Nigeria's economy.
Nigeria's 2026 Crypto Tax Reform and Youth Adoption
As Nigeria becomes a top crypto hub, new 2026 tax reforms spark debate among its youth-driven market. Explore the impact, global comparisons, and trader concerns.
NNPC Lists Top Assets for Sale, Opens Bidding Process
NNPC launches a formal bid to sell stakes in key oil and gas assets. This strategic divestment aims to attract investors, boost production, and reshape Nigeria's energy sector under the PIA reforms.
CBN 2026 Outlook: 4.49% Growth, Inflation at 12.94%
The Central Bank of Nigeria forecasts economic growth of 4.49% and inflation easing to 12.94% in 2026. Key drivers include oil output, reforms, and rising foreign reserves.
22 Nigerian Stocks Surpass N1 Trillion Market Cap
The Nigerian Exchange (NGX) reaches a new milestone as 22 listed companies achieve a market capitalisation above N1 trillion, dominating the equity market. Discover the full list and what it means for investors.
FG Launches New Tax ID Portal Linked to NIN
Nigeria's new tax ID portal goes live January 1, 2026. Your NIN becomes your tax number. Learn how to retrieve your ID and what it means for you.
Abdulaziz Yari Named Geregu Power Chairman
Geregu Power Plc appoints former Zamfara governor Abdulaziz Yari as chairman following Femi Otedola's resignation after selling his majority stake for N1.08 trillion. Read the full board shake-up details.
CBN's 2025 Reforms Reshape Nigeria's BDC Operations
A detailed review of the Central Bank of Nigeria's pivotal 2025 reforms, from fee waivers and the FX Code to massive licence revocations, that transformed the Bureau de Change landscape for greater stability and transparency.
Naira Gains Against Dollar as 2025 Ends, CBN Releases New Rates
The Nigerian Naira appreciated against the US Dollar in both official and parallel markets as trading resumed after the Christmas break. Finance Minister Wale Edun reassures on economic stability. Get the latest CBN exchange rates here.
Apply Now: FG Opens 2026 GEEP Loan Portal for ₦300k
The Federal Government has launched the GEEP loan portal for 2026, offering Nigerians interest-free loans up to ₦300,000 to boost small businesses. Apply now at geep.nsipa.gov.ng.
How to Get a Free Prepaid Meter as DisCos Deploy 700k Units
Nigerian DisCos are rolling out up to 700,000 prepaid meters at no upfront cost. Learn how to get yours, the N28bn funding, and what it means for estimated billing.
How to Report Electricity Problems in Nigeria - NERC Guide
Nigerian Electricity Regulatory Commission outlines the official complaint process for power supply issues. Learn how to escalate from DisCo CCU to NERC Forum for resolution.
Air Peace Denies Abandoning Passengers After Barbados Diversion
Air Peace refutes claims it abandoned passengers in Barbados. The NCAA is investigating as the airline insists it followed protocol and offered refunds. Read the full details.
Nigerian Stock Market Gains N541bn in Santa Rally
The Nigerian equities market closed the last Monday of 2025 on a bullish note, with investors gaining N541.73 billion. The All-Share Index rose 0.55% as the Santa Claus rally extended post-Christmas.
New Tax ID Portal Launches Jan 1, 2026 - How to Retrieve
Nigerians can now retrieve their Tax ID online using NIN or CAC details from Jan 1, 2026. Learn the simple steps to access your 13-digit number digitally.
Court Halts 2026 Tax Reforms, NANS Issues Protest Ultimatum
A legal challenge has halted Nigeria's new tax regime set for Jan 1, 2026. NANS issues a 14-day protest ultimatum amid allegations of post-passage alterations to the laws. Read the full story.
Brand Leaders Must Embrace Purpose and Adaptability - Ozekhome
Franklin Ozekhome outlines the three forces for building sustainable brands: meaning, memory, and momentum. Discover insights from the Creative & Branding Icons Award in Lagos.
Nigeria's Q3 Current Account Surplus Falls 41%
Nigeria's current account surplus dropped sharply to $3.42bn in Q3 2025, a 41% decline. Explore the CBN data on oil exports, remittances, and rising external obligations shaping the nation's balance of payments.
NLC Vows to Resist Unjust Tax System
The Nigeria Labour Congress vows to reject the Federal Government's new tax reforms set for January 1, 2026, calling them distorted and unjust. President Joe Ajaero demands inclusive, transparent laws.
Dangote Named Guardian Person of the Year 2025
Aliko Dangote's refinery ends Nigeria's fuel import dependence, saving billions in forex and sparking industrial hope. Discover the impact of Africa's richest man.
New Tax Laws Will Reduce Airlines' Costs - Oyedele
Tax reform chief Taiwo Oyedele clarifies that Nigeria's new 2026 tax laws aim to lower airline operating costs, countering claims of massive fare hikes. Details inside.
Farmers: Cashew Export Ban Could Worsen Poverty
Nigerian cashew farmers urge the government to drop the proposed export ban, warning it will cripple the non-oil sector and increase poverty. They call for local processing plants instead.
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