IMF recommends extending VAT to petroleum products and introducing excise duty on telecommunications services to boost government revenue amid cost-of-living crisis The International Monetary Fund has recommended that Nigeria introduce…
The Central Bank of Nigeria (CBN) has unveiled draft rules aimed at creating clearer separation between banks and other financial entities under their control, such as financial technology (fintech) firms,…
$75 billion IPO: Aerospace manufacturer surpasses Saudi Aramco record in largest initial public offering ever completed; shares surge 26% on first trading day Elon Musk has become the world's first…
By the Honourable Minister of Solid Minerals DevelopmentDr. Henry Dele Alake At the Launch of the SMDF-EMERGE Grant Programme | Abuja, June 2026 Minister of Solid Minerals Development- Dele Alake…
By the Executive Secretary / CEO, Solid Minerals Development FundHajiya Fatima Umaru Shinkafi At the Launch of the SMDF-EMERGE Grant Programme | Abuja. The Solid Minerals Development Fund (SMDF) on…
Since Dr Dele Alake assumed office as Minister of Solid Minerals Development in August 2023, Nigeria’s mining sector has undergone a significant transformation, with measurable gains in revenue, investment, enforcement,…
FG approves payments to over 1,240 contractors across MDAs, prioritising verified claims of ₦100m or less. The Federal Ministry of Finance has approved payments to more than 1,240 local contractors…
The Niger State Government has urged the Dangote Group and other private sector companies to investigate potential for crude oil exploration in the Bida Basin of Niger State. During a…
The Federal Competition and Consumer Protection Commission on Thursday sealed the offices of Ochacho Group Worldwide and Ti'Bilon Construction and Facility Management Company in Abuja over persistent non-compliance with regulatory…
Nigeria reached a $480 million trade surplus in January 2026, due to a 4.46 percent increase in export receipts to a record $4.68 billion, primarily from petroleum products. This is…
