Banks Begin 10% Tax on Dollar Deposits

Nigerian banks implement a 10% withholding tax on foreign currency deposit interest from Jan 1, 2026. Learn how this new tax law affects your dollar account and who is exempt.

Maritime Industry Progress Under Oyetola Lauded

House Committee Chairman Busayo Oke commends Minister Adegboyega Oyetola for transforming Nigeria's Marine and Blue Economy sector, highlighting progress and diversification as key achievements for 2026.

Elumelu's $496m Seplat Deal Set to Boost Fortune

Billionaire Tony Elumelu expands his energy empire, acquiring a 20.07% stake in Seplat Energy for $496 million. The deal makes Heirs Energies the largest shareholder and is expected to significantly increase his net worth. Read the full details.

Ex-Lufthansa Boss on High Airfares, Airport Chaos

Olusoji Amusan, ex-Lufthansa manager, defends seasonal airfare hikes, urges a government-backed national carrier for capacity, and demands immediate action to restore order at Nigerian airports.

Traders Lament High Costs at Calabar Festival Village

Vendors at the 20th Calabar Christmas Festival Village report poor sales and tripled stall rents. Traders with 15+ years experience call for government intervention to review fees and improve coordination. #CalabarCarnival #Business

NGX Soars 51% in 2025, What's Next for 2026?

The Nigerian stock market closed 2025 with a historic 51.19% return. Explore the drivers, sector performances, and a cautiously optimistic outlook for 2026. Read our analysis now.

Farmers Chart Path to Agric Success in 2026

Nigerian farmers outline critical demands for 2026: land titles, modern tech, processing facilities & good roads to boost food security and slash inflation. Read their full agenda.

Naira Appreciates by Over N100 Against US Dollar in 2025

The Nigerian naira closed 2025 stronger, appreciating by over N100 against the US dollar. The Central Bank of Nigeria credits rising external reserves and policy reforms for the currency's improved stability. Discover the full market analysis and 2026 pro

CBN Reports Fastest-Growing Subsectors in 2025

Nigeria's economic recovery gained momentum in December 2025 with 32 out of 36 subsectors expanding, according to the CBN's PMI. The transportation equipment sector led growth. Discover the full economic outlook for 2026.

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