Dangote Refinery strengthened its dominance of Nigeria’s fuel market in May, supplying nearly 88 per cent of the country’s petrol needs as diesel imports fell to zero. The Nigerian Midstream…
Mining sector reforms take centre stage as SMDF-EMERGE targets exploration gaps, formalisation, and investment growth to curb Nigeria's illegal mining losses By Aisha Kabiru Mohammed In the dusty heat of…
Nigeria’s new tax regime takes shape as FG releases transition guidelines ahead of 2026 rollout. The Federal Government has released transition guidelines for the implementation of the Tax Acts 2025,…
Despite recent FX reforms and some gains in the foreign exchange market, the IMF says the naira still has a significant gap to close. Naira The International Monetary Fund (IMF)…
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,…
