Nigeria’s Crude Oil Output May Hit 1.9mbpd as Production Recovery Gains Momentum – NUPRC
Nigeria’s crude oil production could rise to 1.9 million barrels per day in the near term following recent improvements in...
FG Ends 1% Stamp Duty Deduction on Contractor Payments Under New Tax Law
The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to immediately discontinue the deduction of one per cent...
CBN Pushes Biometric Payments, Warns Privacy and Trust Will Determine Success
The Central Bank of Nigeria (CBN) has unveiled plans to accelerate the adoption of biometric-driven and “invisible” payments as part...
Nigeria’s Current Account Surplus Jumps 256% to $4.98bn on Strong Oil Exports, Lower Fuel Imports
Nigeria’s current account surplus surged by 255.7 per cent quarter-on-quarter to $4.98bn in the first quarter of 2026, driven by...
Sterling’s 10-for-1 Share Consolidation Sparks Investor Debate Amid $400m Capital Raise Plan
Sterling Financial Holdings Company Plc’s decision to consolidate its shares on a 10-for-1 basis has triggered mixed reactions among capital...
Moniepoint CEO Says Africa’s Biggest Growth Opportunity Lies in Informal Economy
Moniepoint Co-founder and Group Chief Executive Officer, Tosin Eniolorunda, has said that African businesses are missing a major growth opportunity...
NGX Chairman Courts Middle East Investors Ahead of Dangote Refinery IPO
The Group Chairman of Nigerian Exchange Group (NGX Group), Umaru Kwairanga, has called on investors in the Middle East to...
FG Denies Plans to Introduce New Taxes on Telecoms, Fuel Products Amid IMF Report Backlash
The Federal Government has dismissed reports suggesting that it is considering new taxes on telecommunications services and petroleum products following...
NCC Begins Major Review of Telecom Interconnection Pricing
The Nigerian Communications Commission (NCC), in collaboration with consultancy firm KPMG, has commenced a comprehensive review of telecom interconnection pricing...
United Capital Acquires Five Per Cent Stake in NGX Group
United Capital Group has completed the acquisition of a five per cent equity stake in Nigerian Exchange Group (NGX Group)...
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