Africa can unlock more than $469bn in additional annual revenue without raising statutory tax rates, according to the African Development Bank. Chief Economist and Vice President for Economic Governan...
Segilola Resources Operating Limited has commissioned infrastructure and community development projects in Osun State, including a rehabilitated road network and a community-owned water production fac...
The Nigeria Revenue Service (NRS) says it has identified significant leakages in the deduction and remittance of value-added tax (VAT) and withholding tax by some states and government agencies. Amina...
The Nigerian Communications Commission (NCC) has commenced a review of Nigeria’s 26-year-old telecommunications policy, saying the current framework no longer reflects the realities of the country’s f...
Shareholders have confirmed the appointment of Tony Elumelu, chairman of Hiers Energies, an indigenous oil and gas company, as a non-executive director of the board of Seplat Energy. The appointment o...
Nigerian insurance firms paid a combined N15.2 billion in income taxes in 2025, more than double the N6.6 billion recorded in 2024, amid rising revenues and stronger earnings across the sector. The fi...
Aliko Dangote, president of the Dangote Group, says the company is targeting a private placement of about $2 billion for the refinery. Dangote announced the target when Femi Otedola, chairman of First...
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), which benchmarks interest rates in the country, at 26.5 percent. Olayemi Cardoso, ...
Nigeria’s fiscal and foreign exchange reforms that improved external reserves, increased FX liquidity, and strengthened confidence in the economy have prompted an upgrade of the country’s sovereign cr...
The equity fundamentals of Zichis Agro-Allied Industries Plc remain robust and growing, despite recent equity price volatility on the local trading floor. The Executive Director, Finance and Strategie...
