Economy

States Gain Bigger Share as Nigeria’s VAT Revenue Hits N1.08 Trillion in January

Nigeria’s Value Added Tax (VAT) revenue rose in January 2026 as the implementation of a revised sharing structure increased the…

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Middle East War Expands as Markets Brace for Oil Shock and Economic Fallout

Escalating hostilities between Iran, Israel and the United States have widened across the Middle East, triggering sharp movements in oil,…

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Global Economy Under Pressure as Middle East Conflict Drives Energy and Commodity Volatility

The ongoing escalation of hostilities between Iran, Israel and the United States has rapidly shifted from a regional security issue…

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FirstBank Introduces MREIF Mortgage Loan to Boost Homeownership Among Nigerians

FirstBank of Nigeria has introduced the Mortgage Refinance and Equity Investment Fund (MREIF) Home Loan, a mortgage financing solution designed…

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Nigeria’s Money Supply Eases to ₦123 Trillion as Currency Outside Banks Falls

Nigeria’s broad money supply moderated to approximately ₦123 trillion, reflecting a slight adjustment in liquidity within the country’s financial system…

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FCMB Group Announces Possible Delay in Release of FY2025 Audited Financial Statements

FCMB Group Plc has notified the Nigerian Exchange Limited (NGX), investors and the wider market of a possible delay in…

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Lagos Tax Authority Sets March 31, 2026 Deadline for Individual Tax Returns

The Lagos State Internal Revenue Service has directed all individual taxpayers in Lagos State to file their annual tax returns…

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Zenith Bank to Host 2026 International Women’s Day Seminar

Zenith Bank Plc will commemorate the 2026 International Women’s Day with a renewed call to purposeful action and leadership. As…

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Nigeria, Sweden Deepen Bilateral Cooperation on Infrastructure and Digital Innovation

Nigeria has strengthened its engagement with the Kingdom of Sweden in a renewed effort to accelerate development across infrastructure, energy…

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Nigeria Secures $1.3bn AFC Investment for Alumina Refinery, Mining Expansion

The Federal Government has secured a $1.3 billion investment partnership with the Africa Finance Corporation (AFC) to develop a large-scale…

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