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…
The federal government has finalized the implementation framework for the ₦4 trillion Presidential Power Sector Debt Reduction Plan. The framework, endorsed by President Bola Ahmed Tinubu and the Federal Executive…
The Central Bank of Nigeria (CBN) has announced that it will take direct control of the fixed income market's settlement and trading platform by December. The FMDQ Group currently operates…