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The House of Representatives has passed the consolidated tax reform bills for a second reading following extensive debate on their general principles. The four bills—Nigeria Tax Bill 2024, Tax Administration Bill, Nigeria Revenue Service…

The Kano State Government in northwest Nigeria says it aims to generate over N100 billion in revenue in 2025 to enhance service delivery across the state. The Chairman of the Kano State Internal Revenue Service (KIRS), Dr. Zaid Abubakar,…

The Nigerian government and the African Export-Import Bank (Afreximbank) have signed an agreement for Nigeria to host the 32nd Afreximbank Annual Meetings (AAM). Speaking at the 2025 Afreximbank Annual Meetings Signing Ceremony in Abuja,…

The House of Representatives Committee on Insurance and Actuarial Matters has approved the 2024 budget performance and the 2025 budget estimates for the National Insurance Commission (NAICOM) and the Nigeria Deposit Insurance Corporation…

Trading on the Nigerian Stock Exchange (NGX) ended on a strong note on Tuesday, with the market recording a gain of N426.28 billion. Market capitalisation, which opened at N66.069 trillion, rose by 0.65% to close at N66.495 trillion,…

The Central Bank of Nigeria (CBN) has announced that, effective March 1, the three free monthly withdrawals for customers using other banks’ Automated Teller Machines (ATMs) will be removed. The apex bank disclosed this in a circular…

The Nigeria Customs Service (NCS) has announced the suspension of the 4% charge on the free-on-board (FOB) value of imports. The NCS spokesman, Abdullahi Maiwada, disclosed this in a statement issued on Tuesday in Abuja. According to…

Through its Committee on Capital Market, the Nigerian Senate has called on the Minister of Finance, Mr Olawale Edun, to approve an N10 billion special fund to support literacy development in the capital market. The committee’s chairman,…

The Nigerian government has reaffirmed its commitment to consolidating the progress achieved through recent reforms as President Bola Tinubu’s administration approaches its midterm. The Minister of Information disclosed this during a…

The Nigerian equities market began the week on a negative note on Monday as the all share index dropped by 0.04% to close at 105,891.33 points which is 41.70 points lower than the 105,933.03 points recorded at the close of trading last…