Business

811 Articles
Business

Gov. Eno Surprises Uyo Traders with Cash Boost

Akwa Ibom State Governor, Pastor Umo Eno, has surprised grocery merchants and roadside vendors in Uyo with a cash support initiative aimed at...

Business

Nigeria Still Heavily Dependent on Fuel Imports Despite Growth in Local Output

Nigeria imported about 1.31 billion litres of petrol in December 2025 even though domestic refining has been increasing. In the same month, the Dangote...

Business

Experts Warn Nigeria Against Accepting Restrictive Power Sector Aid

A recent study is calling on Nigeria to carefully review the conditions attached to foreign aid in the power sector, warning that poorly...

Business

Nigeria’s Banking Sector Strengthens as 20 Banks Meet CBN Capital Targets Ahead of March Deadline

Nigeria’s Central Bank (CBN) says around 20 deposit money banks have now met the revised capital requirements under the ongoing banking recapitalisation programme,...

Business

New Tax Law in Nigeria Aims to Shield Low‑Income Workers and Small Investors

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has explained that the recently passed 2026 tax reform...

Business

LIRS Warns: Lagos Employers Must Submit 2025 Tax Returns by January 31

The Lagos State Internal Revenue Service (LIRS) has reminded all employers of the January 31, 2026 deadline to file their annual tax returns...

Business

FCTA Workers Launch Nationwide Indefinite Strike Over Unresolved Grievances

Civil servants under the Federal Capital Territory Administration (FCTA) have commenced an indefinite strike starting Monday, January 19, 2026, shutting down offices across...

Business

“Stable Naira and Better Food Supply Could Ease Inflation Pressure, Analyst Says”

An economic expert has said that Nigeria could see a significant reduction in inflation in 2026 if the country’s currency stabilises and agricultural...