Economy
Gold and Silver Prices Continue to Slide Globally
Global gold and silver prices have continued to decline as investors respond to shifting economic signals and changing expectations around interest rates. Market...
NIS to Strengthen Legal Framework to Tackle Cybercrime, Migrant Smuggling – CG
The Comptroller-General of the Nigeria Immigration Service (NIS), Mrs. Kemi Nanna Nandap, has said the Service will strengthen its legal mechanisms to effectively...
Rising Loan Defaults Push Banks’ Bad Loans to ₦21.2 Trillion Amid Economic Strain
Nigeria’s banking sector is grappling with a surge in loan defaults as harsh economic conditions continue to weigh on households and businesses, pushing...
FG Says Nigerian Content Policy Not Meant to Exclude Foreign Oil Companies
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has clarified that Nigeria’s local content policy is not designed to bar...
FG Increases Housing Budget to N105bn, Stakeholders Say Allocation Still Insufficient
The Federal Government has raised the 2026 budget allocation for the Federal Ministry of Housing and Urban Development by seven per cent, from...
FG Allocates N421m for NigComSat-2 Project in 2026 Budget
The Federal Government has proposed a budgetary allocation of N420.97 million for the NigComSat-2 Project in the 2026 fiscal year, signaling a continued...
Nigeria’s Oil and Gas Stakeholders Urge Innovation, Value Creation Amid Tax Reforms
Stakeholders in Nigeria’s oil and gas industry have highlighted the potential of recent fiscal reforms, particularly the Nigeria Tax Act 2025, to unlock...
Nigeria’s Proposed 25% Capital Gains Tax Could ilise Market, Says Asset Manager
The Managing Director/CEO of Arthur Stevens Asset Management Limited, Mr Tunde Amolegbe, has stated that Nigeria’s proposed 25 per cent capital gains tax...
Kuda Microfinance Bank Secures National Licence, Plans Physical Expansion Across Nigeria
Kuda Microfinance Bank has announced plans to blend its digital-first operations with physical touchpoints nationwide following the recent upgrade of its licence to...
Transcorp Hotels Posts Record N97 Billion Revenue, Profit Soars in 2025
Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has recorded a historic N97.04 billion revenue in 2025, marking a 38 per...
