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Business & Economy
Nigeria’s Stock Market Dips by N311bn as Investors Take Profits
Due to profit-taking in medium- and large-capitalized stocks, the equities market saw a negative performance on Tuesday, with indices falling by 0.33%.
This came following a bullish…
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CBN Moves to Clamp Down on Dud Cheques, Proposes 5-Year Ban for Repeat Offenders
The Central Bank of Nigeria (CBN) has unveiled a stringent draft guideline that seeks to impose a five-year restriction on individuals who repeatedly issue dud cheques. The policy,…
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Edun Eases Market Concerns, Assures Fair Capital Gains Tax as NGX Lists N100bn MREIF to Bridge…
In honor of the listing of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) Series 2, the Nigerian Exchange (NGX) invited Mr. Wale Edun, the Minister of…
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FG Abolishes Five Common Bank Charges Effective January 2026 Under New Tax Law
Beginning January 1, 2026, Nigerians will no longer pay several common bank charges as part of the Federal Government’s comprehensive tax reform, which is scheduled to take full effect…
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Corruption Undermining Nigeria’s Mortgage System – NIQS
The Nigerian Institute of Quantity Surveyors has issued a warning that the country's mortgage system is being undermined by pervasive corruption in the housing and financial sectors,…
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Aviation Minister, Turkish Ambassador Hold Talks on Radar Partnership
Festus Keyamo SAN, the Minister of Aviation and Aerospace Development, welcomed His Excellency Mehmet Poroy, the Ambassador of the Republic of Turkey to Nigeria, to the Minister's…
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Nigeria’s Stock Market Tumbles as Trump Threatens Invasion Over Alleged Genocide on Christians
Nigeria’s financial markets were rattled on Monday following a shocking statement by former U.S. President Donald Trump, who threatened to invade the country over what he described as…
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Fuel Import Duty: Oil Marketers Warn 15% Levy Could Trigger Price Surge
Oil marketers in Nigeria have raised serious concerns over the 15% import duty on petrol and diesel recently approved by the Federal Government, warning that the policy could…
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Zenith Bank Records Strong N3.37tn Gross Revenue
Zenith Bank Plc has recorded a 16 per cent increase in gross earnings for the first nine months of 2025, rising to N3.37 trillion, up from N2.9 trillion in the same period of 2024. The…
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Cash Transfers to Poor Nigerians Must Be Transparent and Verifiable – Experts Warn
Integrity remains the cornerstone of good governance, especially in a democratic nation like Nigeria. When leaders fail to uphold transparency and accountability, the direct consequence…
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