Financial markets, banking, economic policy, and business news.
The Nigerian government has launched capital gains tax reviews and infrastructure concession programmes to attract patient capital, while President Tinubu's executive order on oil earnings remittance aims to increase Federation Account revenue.
The high-end motorcycle sector is witnessing a demographic shift as women increasingly embrace luxury superbikes worth approximately Sh5 million, challenging traditional gender perceptions in motorsport culture.
The Nigerian naira closed at N1,348 per dollar on Friday, marking a week-on-week appreciation of N10, as the Central Bank of Nigeria implements a new $150,000 weekly allocation strategy for Bureau de Change operators to stabilize foreign exchange markets.
Federal Government seeks phased disbursement mechanisms as petroleum sector restructuring drives substantial increases in state allocations, citing inflation and macroeconomic stability concerns.
Former President Donald Trump launched an unprecedented attack on Supreme Court justices after the court struck down his global tariffs policy, calling them 'fools and lap dogs' and questioning their constitutional loyalty.
United Bank for Africa announces death of former chairman Chief Israel Ogbue at 99, while political realignments and appointments reshape Nigeria's governance structure ahead of upcoming elections.
President Donald Trump has imposed new 10% tariffs following a US Supreme Court ruling that invalidated his broader global tariff framework, a decision that could trigger billions in refunds and has sparked sharp criticism from the White House.
Nigeria's 774 local government areas received N5.5 trillion in FAAC disbursements during 2025, yet widespread infrastructure deficits and service delivery gaps raise questions about fund utilization and accountability at the grassroots governance level.
President Bola Tinubu has signed an executive order mandating direct payment of oil and gas revenues into the Federation Account, a move the Revenue Mobilisation Allocation and Fiscal Commission says will curb leakages and boost government coffers.
Nigeria spent N10.81 trillion servicing debt in nine months of 2025, while President Tinubu's executive order aims to increase revenue distribution across government tiers amid mounting fiscal pressures.
Gold and platinum producers report bumper profits expected to lift tax revenues, while China's zero-tariff policy opens new diversification opportunities for South African exporters across multiple sectors.
Nigeria's government launches investment budgeting overhaul and CBN payment system reforms while negotiating capital gains tax framework with foreign investors threatening to freeze $3 billion in potential investments.
Northern Nigeria's security crisis deepens as suspected Lakurawa militants kill 33 people in Kebbi State, while separate terrorist groups demand N100 million ransom from vulnerable communities.
The United States Supreme Court has ruled President Donald Trump's sweeping global tariffs illegal, a decision that could unlock export opportunities for African nations including South Africa and Nigeria.
Nigeria's Customs Service reports ₦362.79 billion revenue growth under its Authorized Economic Operator programme, with customs duties rising 85.66% following enhanced compliance measures and increased legitimate trade volumes.