Federal Government Unveils Presumptive Tax Framework to Formalize Small Businesses and Curb Abusive Collection Practices
Abuja, March 4, 2026 – The Federal Government of Nigeria has officially launched the Presumpti…
Economics And business
Nigeria’s Net Foreign Reserves Rise to $34.8bn in 2025, Says CBN Governor Cardoso
Nigeria’s net foreign exchange reserves increased to $34.8 billion in 2025, according to the G…
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Chinese Crane Manufacturer Stuns with $26 Million Cash Bonus Spectacle at Annual Gala
Beijing, China – February 26, 2026 — A Henan-based crane manufacturing company has captured gl…
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European Mobile Payment Solution Wero Expands into Retail, Challenging Visa and Mastercard Dominance
A European mobile payment initiative backed by major EU banks is expanding beyond peer-to-peer…
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NDC Energie Acquires 80 Former TotalEnergies Service Stations in Mali, Completing French Group's Full Exit After 25+ Years
NDC Energie, a Malian fuel distribution company, has officially acquired approximately 80 serv…
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Tyra Banks Seeks Over $50,000 in Sanctions Against Former Business Partner in Ice Cream Venture Dispute
Tyra Banks is pursuing more than $50,000 in sanctions against a former business partner and Wa…
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United States Trade Representative Affirms Commitment to Tariff Strategy Despite Supreme Court Limit on Emergency Powers
The United States Trade Representative Jamieson Greer stated on Sunday, February 22, 2026, tha…
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United States Stocks Close Lower as Geopolitical Tensions with Iran and Weakness in Alternative Asset Managers Weigh on Sentiment
U.S. equity markets ended Thursday, February 19, 2026, in negative territory, pressured by esc…
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European Central Bank Fines JPMorgan €12.18 Million for Misreporting Risk-Weighted Assets Over Five Years
The European Central Bank (ECB) announced on Thursday, February 19, 2026, that it has imposed …
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Nigeria Forfeits Estimated N1.76 Trillion in Oil Revenue After Missing OPEC Production Quota for 13 Consecutive Months
Nigeria lost approximately N1.76 trillion in potential crude oil revenue between January 2025 …
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Nigeria Banks Enter Final Stretch of Recapitalisation Drive
Nigeria’s banking sector is entering the final stretch of its ambitious recapitalisation drive…
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Abia State Seals Globacom Offices in Umuahia and Aba Over Alleged ₦4 Billion Unremitted Taxes
Umuahia, Abia State, February 12, 2026 – The Abia State Government has sealed the operational …
byJokpeme Joseph Omode
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NAFDAC Refutes Claims of Federal Government Order to Suspend Sachet Alcohol Regulation
Abuja, Nigeria – February 11, 2026 — The National Agency for Food and Drug Administration and …
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Dangote Refinery Slashes PMS Ex-Depot Price by N25 to N774 per Litre, Effective Immediately
Lagos, Nigeria – February 11, 2026 — Dangote Petroleum Refinery and Petrochemicals FZE has red…
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China Grants South Africa 100% Zero-Tariff Access on Exports Under New Economic Partnership Agreement
China and South Africa have signed a landmark economic partnership agreement that will provide…
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SERAP Drags NNPCL to Federal High Court Over Alleged Missing Oil Revenues Worth Billions
Abuja, Nigeria – The Socio-Economic Rights and Accountability Project (SERAP) has filed a laws…
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PenCom Approves Landmark Pension Increase for NSITF Retirees After 21-Year Freeze, Disburses ₦8.7 Billion in Arrears
The National Pension Commission (PenCom) has approved a significant upward review of pension b…
byJokpeme Joseph Omode
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NUPRC Remits Record ₦8.503 Trillion to Federation Account in 2025, Leading All Revenue Agencies
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted a total of ₦8.503 trill…
byJokpeme Joseph Omode
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Multi-Trex Integrated Foods Plc Secures 24-Month NGX Extension to Restore Public Free Float After Recapitalisation
Multi-Trex Integrated Foods Plc, a company listed on the Nigerian Exchange Limited (NGX), has …
byJokpeme Joseph Omode
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