Nigeria’s Non-oil exports hit record $6.1bn – NEPC
Nigeria’s non-oil exports rose to a record high of $6.1bn in 2025, marking the strongest performance in the sector since the establishment of the Nigerian Export…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
2026 Budget: Ministry of Works Allocates N500m to Hairdressers and Make-Up Artists
The 2026 budget proposal has placed the Federal Ministry of Works at the centre of a fresh controversy. This followed the discovery of multiple non-infrastructure empowerment…
BREAKING: Budget Office reacts to Alleged NEDC Secret ‘N246 Billion Salary Account’
The Budget Office of the Federation has dismissed claims making the rounds that the North East Development Commission (NEDC) operates a ₦246 billion salary budget, describing…
Savings in bank accounts won’t be taxed, only profits — NRS boss
The Executive Chairman of the Nigeria Revenue Service, Dr Zacch Adedeji, on Tuesday sought to calm public fears over the new tax laws, insisting that neither…
31 errors in New Tax laws – Obi slams FG
The 2023 Labour Party presidential candidate, Peter Obi, has urged the Federal Government to suspend the rollout of Nigeria’s newly gazetted tax laws, warning that the…
FG Petroleum Imports Crashes 54% to $6.7bn After Improved Local Refining
Nigeria’s spending on the importation of petroleum products has fallen sharply by 54 per cent over the past two years, dropping from $14.58bn in the first…
Court Slams N500m Naira Bail on Bauchi Commissioner Over N4.6 Billion Fraud Charge
Justice Emeka Nwite of the Federal High Court in Abuja has imposed stringent bail conditions on the Bauchi State Commissioner for Finance, Yakubu Adamu, who is…
Group Seeks Probe of Efficacy Construction Over Breach of Contract with Investors
A group, under the auspices of League of Patriots has called on the anti-corruption agencies, the Federal Competition and Consumer Protection Commission FCCPC, and other relevant…
FG Denies Tax Discrepancies Claim, Says Version Circulating is Fake
The Presidency has denied claims that the newly enacted tax reform laws were altered, insisting that reports of inconsistencies are based on fake or unofficial documents.…
Thailand Relaunches Africa Initiative to Boost Global South Ties
Thailand and a coalition of African nations have ushered in a new chapter of diplomatic and economic engagement with the official relaunch of the Thailand–Africa Initiative…