Festus Keyamo, Minister of Aviation and Aerospace Development, says President Bola Tinubu has granted a 30% discount on domestic airlines' debts to aviation agencies. This means that domestic airlines will…
The Federation Account Allocation Committee (FAAC) has distributed a total of N2.03 trillion to the federal, state and local governments for March 2026, drawn from a gross revenue of N2.36…
Dangote Sugar Refinery Plc obtained shareholder approval for a N500 billion rights issue, allowing the business to strengthen its financial position, grow its capital base, accelerate strategic objectives, and fund…
The Central Bank of Nigeria (CBN) has introduced new Bank Verification Number (BVN) guidelines set to take effect from May 1, 2026, aimed at strengthening identity security and reducing fraud…
President Bola Tinubu has approved a payment plan to repay the power industry's N3.3 trillion outstanding debt as part of the presidential power sector financial reforms initiative. Bayo Onanuga, the…
Workers at Seplat Energy, Nigeria's independent oil and gas firm, have launched an indefinite strike. Jerry Amah, the general secretary of the Petroleum and Natural Gas Senior Staff Association of…
The country has made one of the world’s biggest gains in closing the mobile money gender gap. The harder question is whether Nigeria can turn that progress into genuine financial…
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has extended the deadline for filing individual yearly income tax returns by one month, moving it from March 31 to April 30,…
The deadline for filing individual yearly income tax returns has been extended to April 14 by the Lagos State Internal Revenue Service (LIRS). LIRS requested on February 25 that Lagos…
The Nigerian Communications Commission (NCC) has ordered mobile network operators (MNOs) to compensate users for poor quality of service (QoS) in locations where performance falls short of regulatory expectations. In…
