Business

New Nigerian tax act expands taxation of foreign income

The recently enacted Nigeria Tax Act (NTA) represents a sweeping overhaul of the country’s tax framework, repealing and replacing major…

8 months ago

Fire ravages Singa Market, destroys 44 shops in Kano

A fire early Monday morning gutted parts of Singa Market in Kano, destroying 44 shops and properties worth millions of…

8 months ago

Nigeria’s crude oil profit fell by N824bn in 2024

Nigeria’s gross profit from crude oil and gas sales fell sharply by N824.66 billion in 2024, even as total oil…

8 months ago

Ellah Lakes unveils N235bn offer for subscription at NGX

Nigeria’s pioneering integrated agro-industrial enterprise, Ellah Lakes Plc, has launched a N235 billion offer for subscription on the floor of…

8 months ago

NUPRC: Approved fields to unlock 1.7bn barrels of oil, 7.7tcf gas

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 43 Field Development Plans (FDPs) approved in 2025 have the potential to…

8 months ago

Indimi invests $315m in offshore vessel to boost Nigeria’s oil production

Nigerian billionaire Muhammadu Indimi is making a bold move to strengthen the country’s oil production capacity with a $315 million…

8 months ago

NBC champions women’s leadership, entrepreneurship at 2025 WIMBIZ conference

The Nigerian Bottling Company (NBC) Ltd., a member of the Coca-Cola HBC Group, reaffirmed its strong commitment to women’s empowerment…

8 months ago

Nigeria’s debt market jumps to ₦91.99trn as yields spike on sell pressure

Nigeria’s debt market expanded to ₦91.99 trillion last week, up 3.59%, as yields surged across segments amid heavy sell pressure…

8 months ago

Gold hits 2-week high

Gold prices rose 2% on Monday, November 10, 2025, hitting their highest level in two weeks. Spot gold climbed 2%…

8 months ago

CBN: Bank recapitalization key to achieving Nigeria’s $1trn economy goal

The Central Bank of Nigeria (CBN) says the ongoing bank recapitalization exercise is central to Nigeria’s drive toward becoming a…

8 months ago

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