Yuletide: Lagos residents assured of poultry price drop
The Poultry Association of Nigeria, Lagos state Chapter, has offered an assurance to residents regarding a potential drop in the price of…
Business
FG stops pioneer status applications for new tax scheme
The Federal Government has officially stopped receiving applications for the Pioneer Status Incentive, effective November 10, 2025. This cessation means that corporate…
Ban on sachet alcohol threatens N1.9tr investments, manufacturers warn
The Manufacturers Association of Nigeria has issued a warning that the decision to ban the production and sale of alcoholic beverages packaged…
FIRS denies Xpress Payments as sole tax fee platform
The Federal Inland Revenue Service has refuted recent claims regarding the appointment of Xpress Payments as a solitary part of the national…
Dangote plans $700m investment to end sugar import
The Dangote Group is poised to end Nigeria’s reliance on imported sugar through an extensive investment of more than $700 million in…
Stockbrokers issue recommendations to fast-track capital market growth
The Chartered Institute of Stockbrokers has issued a comprehensive set of recommendations aimed at fast-tracking the modernisation and overall growth of Nigeria’s…
NNPC audit uncovers over N61bn in irregular payments
The Office of the Auditor-General for the Federation has identified 28 significant financial irregularities involving the Nigerian National Petroleum Company Limited, totaling…
No monopoly granted to Xpress Payments for TSA collection — FIRS
The Federal Inland Revenue Service has dismissed claims by former Vice President Atiku Abubakar regarding the selection of Xpress Payments Solutions Limited…
FG unveils PPP model to lead maritime decarbonisation in Africa
The Nigerian Maritime Administration and Safety Agency has unveiled a new Public-Private Partnership model designed to drive maritime decarbonisation across Africa, marking…
UAE eyes strategic expansion in Africa with $1bn AI investment
The United Arab Emirates has unveiled plans to invest $1 billion in artificial intelligence infrastructure and services across Africa, aiming to accelerate…
Nigerians spend $1.39bn on foreign education in H1 2025
Nigerians spent $1.39 billion (N2.16 trillion) on foreign education in the first half of 2025, a sharp increase compared with the same…
DisCo debts, unclear regulations hinder Nigeria’s grid power projects
Lenders and industry experts have expressed concern that the high-risk legacy debts of Distribution Companies and ambiguous regulatory frameworks pose major obstacles…