Business & Economy

Nigerian fintech giant OPay walked away with one of the most coveted honors of the evening at the 2026 ISO World Corporate Brand of the Year Award. OPay was named...

Nigeria’s mining and quarrying sector delivered a robust performance in tax remittances last year, contributing a total of ₦686.96 billion in Value Added Tax (VAT) in 2025, according to fresh...

Oil prices surged above $100 a barrel on Monday after the U.S. announced a naval blockade on Iran's Strait of Hormuz. Brent crude futures, the international benchmark, leaped $6.96, or...

Nigeria’s cash liquidity cycle showed tentative signs of returning to normal patterns in February 2026, as the volume of physical currency held outside the banking system eased slightly. According to...

President Donald Trump has directed the U.S. Navy to impose an immediate blockade of the Strait of Hormuz, the narrow chokepoint through which roughly one-fifth of the world’s oil supply...

Dr. Sultan Ahmed Al Jaber, the CEO of Abu Dhabi National Oil Company (ADNOC) and UAE Minister of Industry and Advanced Technology, declared that the Strait of Hormuz has “never...

The Kaduna State Government has signed into law the "Kaduna State Tax (Consolidation) Law, 2025," marking one of the most significant fiscal reforms in the state's recent history. Governor Senator...

Minister of State for Finance Taiwo Oyedele has acknowledged errors in the country’s ambitious new tax reform laws, even as implementation kicked off in January 2026. Speaking at the 2026...

The Lagos State Internal Revenue Service (LIRS) has pushed the deadline for filing 2025 annual income tax returns (for the 2026 year of assessment) to Tuesday, April 21, 2026. The...

The Managing Director of the Nigerian Railway Corporation (NRC), Dr. Kayode Opeifa, has constituted a dedicated committee to accelerate the nationwide integration of ports with the rail network, relying heavily...