Business

Nigeria’s inflation rate rises to 15.15%

The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate increased to 15.15 per cent in December…

2 months ago

FREQUENTLY ASKED QUESTIONS ON VAT

The Nigeria Revenue Service (NRS) has provided answers to a list of Frequently Asked Questions (FAQs) on Value-Added Tax (VAT)…

2 months ago

Elumelu urges leaders to prioritise relationships for sustainable success

Chairman of the United Bank for Africa, (U.B.A) Tony Elumelu, has underscored the importance of relationship-driven leadership, describing it as…

2 months ago

Nigeria’s crude oil output dipped to 1.422mbpd in December 2025 — OPEC

Nigeria’s crude oil production fell marginally to 1.422 million barrels per day in December 2025, from 1.436 million bpd recorded…

2 months ago

FG directs banks, fintechs to remit 7.5% VAT on electronic service fees

The Federal Government has directed banks and financial technology companies to begin collecting and remitting a 7.5 per cent value-added…

2 months ago

Stock market rises 0.56% as investors gain N598bn

The stock market sustained its bullish trend on Wednesday, gaining 0.56 per cent and adding about N598 billion to investors’…

2 months ago

NGX announces listing of 3.156bn UBA shares

The Nigerian Exchange Limited (NGX) has announced that an additional 3.16 billion ordinary shares of United Bank for Africa (UBA)…

2 months ago

Stock market investors gain N1.7trn

The Nigerian stock market recorded a historic gain of N1.662 trillion at the close of trading on Tuesday, January 13,…

2 months ago

Nigeria, UAE strike deal to scrap tariffs on 13,000 products

Nigeria and the United Arab Emirates have agreed to eliminate tariffs on more than 13,500 products, marking a major milestone…

2 months ago

FG unveils Lagos gold refinery, prepares $600m lithium plant in Nasarawa

The Federal Government has officially begun operations at a high-purity gold refining plant in Lagos, while three additional gold refineries…

2 months ago

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