The Central Bank of Nigeria has announced a complete review of cash-related policies, including new nationwide withdrawal restrictions and the removal of the cumulative deposit cap for bank customers. In…
Local contractors from the All Indigenous Contractors Association of Nigeria returned to the Federal Ministry of Finance on Tuesday, blocking both doors as they demanded payment of what they called…
Following approval by the Central Bank of Nigeria, First City Monument Bank (FCMB) has appointed Ms. Oluyinka Johnson as a Non-Executive Director. Ms. Johnson is a results-oriented professional with more…
The federal government will begin adopting new tax regulations on January 1, 2026, with 50 exclusions and reliefs aimed at low-income earners, regular taxpayers, and small enterprises. President Bola Tinubu…
President Bola Tinubu has approved a 15% ad valorem import levy on fuel and premium motor spirit (PMS), generally known as petrol. Damilotun Aderemi, the president's private secretary, communicated Tinubu's…
The African Export-Import Bank (Afreximbank) has officially sworn in George Elombi as its fourth president and board chairman. The investiture event took place on Saturday in Cairo, Egypt. Elombi succeeded…
Aliko Dangote, president of Dangote Industries Limited (DIL), attained a new wealth milestone on Friday, when his net worth surpassed $30 billion. According to the Bloomberg Billionaires Index, Dangote's net…
The budget office of the federation says the federal government recorded a total revenue inflow of N20.98 trillion in 2024. According to the office's fourth quarter (Q4) 2024 budget execution…
The federal government has announced intentions to launch a national campaign to promote domestically produced goods and services as part of the 'Nigeria First' program, which aims to revitalise the…
Nigeria has secured another major vote of confidence from the global energy industry, as Shell announced a $2 billion Final Investment Decision (FID) for a new offshore gas project in…
