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FirstBank of Nigeria Limited, the flagship banking subsidiary of FirstHoldCo, under the leadership of Nigerian billionaire Femi Otedola, has fully redeemed its $350 million subordinated Eurobond...
Nigerians held N4.47 trillion in cash outside the banking system in September 2025, despite a contraction in overall money supply, according to the Central Bank of...
President Bola Tinubu has approved a 15 percent ad-valorem import duty on diesel and premium motor spirit (PMS), commonly known as petrol. The approval was contained...
Credit to the private sector (CPS) by deposit money banks (DMBs) has dropped by about five per cent month-on-month (MoM) to N72.5 trillion in the month...
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr. Bashir Bayo Ojulari, has assured Nigerians that the company is...
A new economic review by Quartus Economics has urged the Central Bank of Nigeria to introduce higher-value currency notes such as N10,000 and N20,000 bills to...
Cadbury Nigeria Plc has recorded a profit after tax of N9.68bn for the nine months ended September 30, 2025, marking a strong rebound from a loss...
… FDI inflows surge by $272.6m Total foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) declined by 6 percent month-on-month to $3.2 billion in...
The Federal Inland Revenue Service (FIRS) has issued a directive mandating banks, stockbrokers, and other financial institutions to deduct a 10% withholding tax on interest earned...
The announcement of the new 30 percent capital gains tax (CGT) under the Nigerian Tax Act (2025) has sparked reactions across the Nigerian corporate landscape. Under...