Nigerian tax laws hinder economic growth, says Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has stated that Nigeria’s current tax laws hinder…
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Oil industry struggles with skilled manpower shortage – Presidency
The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, has raised concerns about a shortage of skilled manpower in Nigeria’s…
Nigerian banks on course to meet recapitalisation deadline – Fitch
Fitch Ratings has reported that Nigerian banks are on course to meet the Central Bank of Nigeria’s March 2026 recapitalisation deadline, with…
Nigeria, UAE update BASA to enhance airline codeshare agreements
Nigeria and the UAE have signed an amended Bilateral Air Service Agreement to expand codeshare arrangements, enabling airlines to share flights and…
CBN cancels free ATM withdrawals for other banks’ customers
The Central Bank of Nigeria has revised ATM transaction fees, eliminating the three free monthly withdrawals previously available to customers using other…
Nigeria to gain from $4.4bn agro-industrial investment
African Development Bank President, Akinwumi Adesina, has announced that Nigeria will benefit significantly from a $4.4 billion investment to expand Special Agro-Industrial…
FG, W’Bank discuss capital market funding for infrastructure devt
The Federal Government has begun discussions with the International Finance Corporation, a member of the World Bank Group, on policy strategies to…
No plans to buy TikTok – Elon Musk
The CEO of Tesla and SpaceX, Elon Musk, has stated that he has no interest in acquiring TikTok. He confirmed that he…
Nigeria’s economy burdened by abandoned projects – Rewane
The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has described Nigeria as a graveyard of abandoned projects and criticized the…
Nigeria’s GDP per capita drops to $835 – IMF
The International Monetary Fund reports that Nigeria’s GDP per capita fell from $877.07 in 2024 to $835.49 in 2025, marking a 4.74%…
Dangote refinery exports cargoes of jet fuel to Saudi Aramco
The Dangote Refinery has announced the sale of two cargoes of aviation fuel to Saudi Aramco, the national oil company of Saudi…
FG to Issue N758bn bonds to settle pension arrears
The Federal Government has announced plans to issue bonds worth N758bn to settle accumulated pension debts. This includes arrears under the old…