A popular and influential former Nigerian governor has been reportedly arrested by the police. You need to see the actual reason behind the police action.
Dangote pledged N366m in shares for Borno IDPs and scholarships for 4,000 girls, as the state offered tax waivers and land to attract investors and aid recovery.
The World Bank announces a Regional Industry Director vacancy for qualified Nigerians as MD Anna Bjerde visits Nigeria to boost jobs, growth, energy, and investment.
Nigeria's banks face a March 2026 recapitalisation deadline. Top performers like Access and Zenith exceed targets, while others risk mergers or exits if they fail.
Nigeria’s new Tax Act tightens filing timelines, raises penalties, and signals tougher enforcement as authorities prepare for full implementation.
Nigeria’s state governments and the Federal Capital Territory received a total of N2.45 trillion from the federal government between March 2024 and August 2025.
In 2025, Lagos accounted for 52% of Nigeria's VAT, reinforcing its economic dominance, while new tax reforms threaten future revenues amid regional disparities.
Nigeria's external reserves rose by $66m to $46.11bn in January, boosted by strong Brent crude prices and a near two-year high naira, showing improved confidence.
Nigerians face urgent tax compliance warnings as less than 5% file annual returns. Government stresses filing obligations to avoid penalties and audits.
The CBN's revised exchange rate aids importers as the naira appreciates against the dollar, ending January strong at N1,386, bolstered by rising external reserves.
The naira strengthens against the dollar, reaching N1,386.55, reflecting improved FX stability and optimism for 2026 amid rising foreign investments and oil inflows.
Economy
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