Business
Naira gains N5.54 at official market
The Naira on Monday appreciated at the official market, trading at N1,360.14 to a dollar. Data from the official website of the Central Bank of Nigeria (CBN) revealed that the
Tinubu Targets Doubling Nigeria’s $32bn Livestock Economy
President Bola Tinubu has said his administration is targeting more than doubling the livestock sector’s contribution to Nigeria’s economy, currently valued at more than $32bn annually. Tinubu, represented by the
Tax Ombud Reiterates Commitment to Promoting Fairness, Transparency Within Nigeria’s Tax System
Eromosele Abiodun The Tax Ombud/Chief Executive of the Office of the Tax Ombud, Dr. John Nwabueze, has reiterated the Office’s commitment to promoting fairness and transparency within Nigeria’s tax system
$1trn economy: NACCIMA woos Chinese investors to boost industrialisation
By Yinka Kolawole The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has announced the third edition of its Business and Investment Forum in Guangzhou, China, as part
New tax law yet to end multiple levies — MAN
The Manufacturers Association of Nigeria (MAN) has said manufacturers are yet to enjoy relief from multiple taxes and levies despite the enactment of the Nigeria Tax Act 2025. The association disclosed
Nigeria’s FDI jumps 148% despite Africa’s investment decline
By Yinka Kolawole Nigeria emerged as one of Africa’s strongest foreign investment performers in 2025, recording a 148 per cent increase in Foreign Direct Investment (FDI) inflows despite a sharp decline
Nigerians are increasingly borrowing to build houses — CBN
·Other lendings rise, lenders report low default rates By Elizabeth Adegbesan Credit for house purchase by households increased to 9.6 index points in the second quarter of 2026 (Q2’26), indicating that
SEC launches campaign to recover unclaimed dividends, inherited assets
By Obas Esiedesa The Securities and Exchange Commission (SEC) has launched a nationwide campaign to help investors and beneficiaries recover unclaimed dividends and inherited investments, as part of efforts to strengthen
Nigerian Breweries’ revenue up 9% to N804 bn
… restores retained earnings to positive By Peter Egwuatu Nigerian Breweries Plc, Nigeria’s foremost brewing company, has announced a strong performance for the first half of the 2026, recording a group
Truck owners seek refunds over cancelled E-Call-Up bookings
By Godwin Oritse The Association of Maritime Truck Owners (AMATO) has demanded an urgent review of the Electronic Call-Up (ETO) system following recurring cancellations of paid truck bookings, describing the practice
