Nigeria’s Top-Tier Companies Remit N2.55 Trillion in Income Tax in Nine Months
Nigeria’s largest publicly listed companies, collectively known as SWOOTs (Stocks Worth Over One Trillion Naira), paid a combined N2.55 trillion...
Nigeria’s Headline Inflation Falls to 16.05% in October 2025, Lowest in Over a Decade
Nigeria recorded a sharp slowdown in price growth in October, with the country’s headline inflation rate dropping to 16.05% year-on-year,...
Nigerian Bourse Dips 1.7% Amid CGT Hike Fears, Rebounds on Finance Minister’s Pledge
The Nigerian equities market posted a 1.7 percent weekly loss as major fund managers offloaded holdings in response to proposed...
Nigeria Allocates Close to $3 Billion for Eurobond Debt Servicing
The Nigerian government has disbursed approximately $2.93 billion to cover Eurobond debt obligations over eight quarters since President Bola Tinubu...
Naira Hits N1,441/$ Mark as Reserves Surge and Trapped Funds Shrink
Nigeria's naira posted modest gains against the dollar on Thursday, closing at N1,441.44 in the official market, a 0.11% uptick...
Nigerian Bourse Surges N2.6 Trillion on Tax Reform Assurances
The Nigerian Exchange (NGX) delivered a resounding comeback on Wednesday, adding N2.6 trillion to its total market value as investor...
Naira Slips for Second Day Running, Hits N1,438.71 per Dollar
The Nigerian Naira weakened for the second consecutive session on Tuesday, closing at N1,438.71 to the U.S. dollar in the...
The Double-Edged Sword of VAT in Nigeria: Exploitation or Economic Lifeline?
As Nigeria grapples with the fresh implementation of the Nigeria Tax Act 2025, the Value Added Tax (VAT) system has...
Trump Revives Plan for $2,000 Tariff-Funded Payouts to Americans Amid Legal Battle
President Donald Trump has once again floated the idea of distributing at least $2,000 to most U.S. citizens as a...
Nigeria’s FX Reserves Set to Hit $45 Billion on Eurobond Surge, Analysts Forecast
A blockbuster $2.3 billion Eurobond sale, oversubscribed more than fivefold, is poised to propel Nigeria’s foreign exchange reserves to $45...
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FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
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31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
