NEWS
Baruwa Takes Over as NURTW President, Ousts MC Oluomo
Tajudeen Baruwa has assumed control of the National Secretariat of the National Union…
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BUSINESS
UPDATE : WhatsApp rolls out new profile tab for iOS users
After several weeks of testing, WhatsApp is now officially introducing a new profile tab for iOS users . Easier way to identify your act…
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BUSINESS
Airport Cashless System Here To Stay – Keyamo
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo , has declared that the Federal Government will not reverse the cashless pa…
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BUSINESS
Tinubu Directs Keyamo To Suspend FAAN’s Cashless Policy
President Bola Tinubu has ordered the Federal Airports Authority of Nigeria ( FAAN ) to suspend its recently introduced cashless payment policy …
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BUSINESS
Finance Minister Applauds 4.07% GDP Growth in Q4 2025
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun , has welcomed new figures from the National Bureau of Statistics…
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BUSINESS
CAC Removes 400,000 Companies for Not Filing Annual Returns
The Corporate Affairs Commission (CAC) has announced that it struck out over 400,000 companies from its database in 2025 due to their fai…
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BUSINESS
BREAKING : Soludo Orders 12 More Anambra Markets to End Monday Sit-At-Home
The Anambra State government has directed traders in twelve additional markets to resume normal operations on Mondays, warning that non-compliance c…
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BUSINESS
Dangote Refinery Denies Shut-Down Rumours
Dangote Petroleum Refinery has dismissed claims that it has halted operations, calling such reports false and misleading. In a statement released …
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BUSINESS
NNPC subsidiaries’ debt surges 70% to N30tn
Despite its conversion into a commercial entity, the Nigerian National Petroleum Company Limited (NNPC) is facing growing financial strain as weak …
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BUSINESS
Banks close 229 branches nationwide as POS usage surges
Nigeria’s banking sector shut down 229 physical branches within one year, as more customers increasingly relied on Point of Sale (POS) terminals fo…
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BUSINESS
Private depots raise petrol prices to N800 per litre in Lagos
Private petroleum depots in Lagos and other major fuel trading centres have increased the ex-depot price of Premium Motor Spirit (petrol) to as hig…
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BUSINESS
Reps release four tax reform Acts for public scrutiny and record
The House of Representatives has made public the four tax reform Acts recently signed into law by President Bola Tinubu , to ensure transparency, …
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BUSINESS
Lagos hotel room rates soar to N205,534 amid supply constraints
Average hotel room prices in Lagos have risen to an all-time high of N205,534, reflecting a strong rebound in business and corporate travel even as…
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BUSINESS
NNPCL profit rises 12% to N502bn
The Nigerian National Petroleum Company Limited ( NNPCL ) has reported a profit after tax of N502 billion for November 2025, representing a 12.3 …
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BUSINESS
Tax Reforms Trigger Unease as Shipping Firms Consider Fare Increases
Tension is mounting among freight forwarders in Nigeria’s maritime sector following the commencement of the new tax regime on Thursday, January 1, …
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BUSINESS
Banks’ Bad Loans Rise as CBN Ends Forbearance
Nigeria’s banking industry recorded an uptick in bad loans in 2025 following the Central Bank of Nigeria ’s decision to withdraw regulatory forbea…
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BUSINESS
Kogi governor signs tax reform bills into law
Kogi State Governor, Usman Ododo , has assented to two major revenue-related bills, aligning the state with the Federal Government’s newly introduc…
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BUSINESS
US Pauses Steep Tariffs on Certain Italian Pasta Brands, Italy Confirms
Italy announced on Thursday that the United States has eased plans to impose heavy anti-dumping duties on several Italian pasta brands . The tar…
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BUSINESS
No One Will Debit Your Bank Account Under New Tax Law – Oyedele Reassures Nigerians
Taiwo Oyedele , Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms , has assured Nigerians that the newly approved tax reforms…
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BUSINESS
Banks to Impose ₦50 Stamp Duty on Transfers Above ₦10,000 from January 1
Nigerian banks will begin deducting a ₦50 stamp duty on electronic transfers of ₦10,000 and above starting January 1, 2026 , in line with the imp…
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BUSINESS
January 1 Tax Law Rollout Remains On Track — Tinubu
President Bola Tinubu has reaffirmed that there will be no delay in the implementation of the newly enacted tax laws , including those signed into…
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