Business & Economy

Reforms and regulation driving insurance industry transformation and growth, Omosehin

The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Olusegun…

33 banks have met revised minimum capital requirement, raised N4.65 trillion in recapitalisation exercise, CBN says

By Nchetachi Chukwuajah The Central Bank of Nigeria (CBN) on Wednesday, April 1, said 33…

National Assembly passes N68.3 trillion budget after Tinubu’s request for N9 trillion upward review

By Nchetachi Chukwuajah The National Assembly has passed the 2026 Appropriation Bill of N68.30 trillion…

EXCLUSIVE: How Nigerian banks fared as curtain falls on CBN’s recapitalisation drive

By Nchetachi Chukwuajah On March 28, 2024, the Central Bank of Nigeria (CBN) gave deposit…

Step by step on how to file personal income tax before March 31 deadline

(By Nchetachi Chukwuajah): As the March 31 deadline for Nigerians to file their Personal Income…

Nigerians panic as personal income tax filing deadline nears

(By Nchetachi Chukwuajah): The March 31 deadline for filing their 2025 personal income tax (PIT)…

Nigeria records $6.44 billion capital importation in fourth quarter of 2025, says NBS

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) says Nigeria recorded total capital importation…

WorldStage to Unveil Nigeria’s 2026 Macroeconomic Outlook in Lagos

WorldStage Limited (WorldStage), a Nigerian research and technology-driven firm, has announced plans to host its…

10 states with lowest rate of inflation in February

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) stated that Nigeria’s headline inflation rate…

Inflation rate drops to 15.06% in February, as average price level increases month-on-month

By Nchetachi Chukwuajah The National Bureau of Statistics says Nigeria’s inflation rate dropped marginally to…

Oyedele pledges to move tax reforms from policy formulation to execution

By Nchetachi Chukwuajah Newly sworn-in Minister of State for Finance, Taiwo Oyedele, has noted that…

Nigeria records N1.71 trillion trade surplus in Q4 2025, as exports slumps

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) says Nigeria recorded a trade surplus…

NBS says VAT revenue increased to N2.28 trillion in third quarter of 2025

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) says Nigeria’s Value Added Tax (VAT)…

Nigeria’s GDP grew by 4.07% in last quarter of 2025, says NBS

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) says Nigeria’s Gross Domestic Product (GDP)…

AltBank Expands Operations to Ondo, Backs Gov’s Vision for Sustainable Growth

By Olusegun Obisanya The Alternative Bank (AltBank) has expanded its national footprint with the inauguration…

CBN cuts interest rate to 26.50%, lowest since May 2024

By Nchetachi Chukwuajah The Central Bank of Nigeria (CBN) has cut the Monetary Policy Rate…

Beware of shares whose prices are rising astronomically, Nigerian Exchange Limited warns investors

By Desire Emmanuel The Nigerian Stock Exchange (now known as Nigerian Exchange Limited) on Monday,…

Nigeria’s total debt profile increased by N900 billion to N153.29 trillion in September 2025, says DMO

By Nchetachi Chukwuajah The Debt Management Office (DMO) has said Nigeria’s total public debt profile…

Tinubu Orders Crackdown on Oil Revenue Leakages, Redirects Billions

By Olusegun Obisanya President Bola Tinubu has signed a far-reaching Executive Order aimed at safeguarding…