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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran

  • 7th August 2026

Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

Firms expect borrowing costs to ease in coming

  • 7th August 2026

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

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Canada visa wait-time rises for Nigerian applicants — IRCC

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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran war

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South African billionaire Wiese sells Shoprite shares worth $49.5m
Business

South African billionaire Wiese sells Shoprite shares worth $49.5m

A South African billionaire and Shoprite’s largest stakeholder, Christoffel Wiese, with an 11.58% interest that was formerly valued at over $900 million as of September 10th, has made the decision to sell Shoprite shares worth $49.5m The Times reported that this is in accordance with a notice posted on their website. His $1.1 billion fortune, which […]

FIRS begins VAT, WHT compliance monitoring exercise Oct
Business

FIRS begins VAT, WHT compliance monitoring exercise Oct

The Federal Inland Revenue Service has declared that it will begin a countrywide Value-Added Tax and Withholding Tax compliance monitoring exercise for all taxable individuals on October 23. According to Nairametrics, the head of the FIRS, Zacch Adedeji, said the goal of this program, is to increase tax compliance and revenue collection across the country. VAT is a […]

Tinubu woos American investors
Economy

FG proposes N26tn expenditure in 2024 budget 

The Federal Government has projected N26.01 trillion as expenses for the 2024 fiscal year. The Minister of Budget and National Planning, Abubakar Bagudu, told State House Correspondents after the Federal Executive Council meeting at the Presidential Villa, Abuja, on Monday. He also said FEC approved the Medium-Term Expenditure Framework for 2024 – 2026. He said […]

inflation
Economy featured

Inflation hits 26.72% in September — NBS

The National Bureau of Statistics on Monday announced that inflation surged to 26.72 per cent in September. This is a 0.92 percentage point increase from the 25.80 per cent in August. The NBS revealed this its CPI report for September which it released on Monday. “September 2023, the headline inflation rate increased to 26.72 per […]

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  • 16th October 2023
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Lagos govt reopens Mile 12 market
Business

Lagos govt reopens Mile 12 market

The Lagos State Government stated on Monday that the Mile 12 International Market would reopen immediately since it had finally passed all necessary environmental and safety standards. According to The Times, Mile 12 International Market, as well as Owode Onirin Market, were both closed on Friday due to environmental issues. The Lagos Commissioner for Environment and […]

Brazil lifts ban on Starlink, X accounts after fine payment
News Tech

Australia fines X over child abuse contents

Elon Musk’s social media platform X has been fined A$610,500 ($386,000) by an Australian regulator for refusing to assist with an investigation into anti-child abuse procedures. The e-Safety Commission penalised X for not responding to inquiries about the processes it used to detect child abuse content on the platform and how long it took to […]

Ministry of Housing collaborates with surveyors on data
Business

FG begins cross-subsidy housing projects

The Ministry of Housing and Urban Development has announced plans to launch an initiative to revolutionize inclusion and affordability in Nigeria through the implementation of cross-subsidies in housing projects. The Punch reported that the visionary strategy, supported by the Honourable Minister of Housing and Urban Development, Ahmed Dangiwa, promises to redefine housing accessibility by integrating a […]

Nigerian tax institute trains Gambian authorities on tax audit
Business

Establish tax club, CITN urges tertiary institutions

The Chartered Institute of Taxation of Nigeria has recommended that Nigerian tertiary institutions establish tax societies in the appropriate departments in order to introduce students to career options in the tax industry. The Punch reported that the Chairman of the CITN Students Affairs and Tertiary Education Relations Committee, Dr. Ruth Adimula, stated this during the inaugural edition of […]

Equity market retail participation hits 35% in September - NGX
Business

NGX investors record N409bn gain in one week

Investors in the stock market made N409 billion over the last week thanks to a slight uptick in trading activity at the Nigerian Exchange Limited. According to The Punch, this resulted in the All-Share Index gaining 1.12% week over week to 67,200.69 points. The market value of listed stocks increased by 1% week over week to N36.919 […]

Fuel, electricity tariff cap costly, IMF warns Nigeria
Business

Nigeria free to seek loan – IMF

The International Monetary Fund has stated that the naira is now under pressure and that Nigeria is free to request a loan from the Fund to stabilize the currency if it deems it a viable alternative. The Punch reported that however, the Washington-based lender acknowledged that other actions made by the Nigerian government, including recent […]

UBA, African Guarantee Fund partner on $100m SME loan
Banking

UBA begins anti-fraud campaign

        By Wilson Adekumola United Bank for Africa Plc is set to begin a Fraud Awareness Week – an initiative aimed at empowering customers with knowledge and tools to protect themselves against fraud and financial malpractices on Monday. The week-long event, which has as its theme, ‘Fighting Fraud Together’, will begin Monday […]

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