The federal government has announced that all taxable Nigerians will be required to obtain a Tax Identification Number (TIN) in order to operate bank accounts in the country, ahead of the new tax reforms taking effect on January 1, 2026.…
Immediate Action Required: CAC Mandates New Information for All Business Name Updates Table of Contents The New Mandate: Required Information for Updates Why the CAC is Demanding More Data List of Mandatory Details The “Why”: Enhancing Integrity and Combating Fraud…
The executive chairman of United Nigeria Airlines, Obiorah Okonkwo, has urged the national legislature to lessen the numerous taxes that affect domestic airlines airfaresAir. Speaking at the opening of commercial operations at the Ekiti Agro-Allied International Airport, Okonkwo claimed that…
The Economic Community of West African States (ECOWAS) has appointed Alhaji Aliko Dangote, Chairman of the Dangote Group, as the pioneer Chairman of the ECOWAS Business Council (EBC). Join our WhatsApp group ECOWAS President, Dr. Omar Touray, announced this during…
MeCure Industries Plc: Key Takeaways from N10 Billion Commercial Paper Launch at 21% Yield Table of Contents Investment Opportunity: Series 6 Commercial Paper Details Offer Structure and Size Key Dates for Investors Impressive Financial Performance (9M 2025) Exceptional Revenue Growth…
The Nigerian National Petroleum Company Limited(NNPCL), and other filling stations have reportedly reduced petrol price( premium motor spirit, PMS). Sources noted that NNPCL retail locations in several areas of Abuja had reduced the price of petrol from N920 to N915…
NNPC, Heirs Energies Seal Flare Gas Deals: Converting OML 17 Waste to Power Generation The Nigerian National Petroleum Corporation (NNPC) and Heirs Energies have taken a crucial step in advancing Nigeria’s energy transition goals by signing Gas Flare Commercialization Agreements.…
Following public outcry over the abrupt and sharp increase in domestic airfare, the Senate has called an urgent meeting with Festus Keyamo, the Minister of Aviation, and important industry players. The resolution was passed after Buhari Abdulfatai made a motion…
The Federal Government has ordered ministries, departments, and agencies to carry over 70 per cent of their 2025 capital budget into the 2026 fiscal year as the administration moves to prioritise the completion of existing projects and contain spending pressures…
Standard Chartered Completes Exit from Cameroon, Hands Over Operations to Access Bank. Standard Chartered has successfully completed the transfer of its banking operations in Cameroon to Access Bank Cameroon. This move, confirmed in a statement dated December 5, 2025, marks…
NLC to Shut Down Nigeria: Nationwide Protest Slated for December 17 Over Escalating Insecurity The Nigeria Labour Congress (NLC) has declared a firm date for a nationwide protest in response to the country’s rapidly worsening security crisis, setting the mobilization…
NIGERIA EXTERNAL RESERVES $45 BILLION SIX YEARS: A STRONG FX SHIELD EMERGES My people, we have some very good news from the Central Bank of Nigeria (CBN). For the first time in over six years, the nation’s external reserves have…
ChatGPT warning: The National Information Technology Development Agency (NITDA) Has issued a critical cybersecurity advisory warning Nigerians about new vulnerabilities in ChatGPT models that could enable sophisticated data leakage attacks. The advisory, released through the Computer Emergency Readiness and Response…
By the end of this year, it is anticipated that World Bank loan to Nigeria between 2023 and 2025 will total $9.65 billion as new approvals, continuing talks, and disbursements pick up speed across important sectors. Source’s review of data…
Time to Drop the Paper: Why the CBN Must Scrap Current Account Bank References The long-standing tradition of requiring bank references for opening a current account in Nigeria is now widely considered an obsolete ritual. For decades, this requirement, which…
