Category: Business
Tax reforms: Why Nigerians are afraid of January 2026 implementation – Oyedele
Taiwo Oyedele, chairman of the presidential fiscal policy and tax reforms committee, said lack of adequate awareness is the reason Nigerians are panicking over the…
Tax reforms: Why Nigerians are afraid of January 2026 implementation – Oyedele
Taiwo Oyedele, chairman of the presidential fiscal policy and tax reforms committee, said lack of adequate awareness is the reason Nigerians are panicking over the…
FG eyes N1.9tn from new 2026 development levy
The Federal Government is projecting to earn about N1.9tn from the newly introduced development levy in 2026, the first year it will show up in…
CBN approves 82 Fully Licensed BDC Operators in Nigeria [Full List]
The Central Bank of Nigeria (CBN) has confirmed that only 82 Bureau De Change (BDC) operators currently hold valid licenses to operate in the country….
Nigerian govt reduces oil block entry costs as 2025 licensing round begins
The Federal Government has further reduced the signature bonus for oil block bidders to between $3 million and $7 million as part of efforts to…
FG defers 70% of 2025 capital projects to 2026
The Federal Government has ordered ministries, departments, and agencies to carry over 70 per cent of their 2025 capital budget into the 2026 fiscal year…
PoS takeover: FG ends cash payments in MDAs
The Federal Government has outlawed the use of physical cash for the payment of revenue and directed Ministries, Departments, and Agencies to install Point of…
CBN scraps deposit limits, increases weekly withdrawal threshold
The Central Bank of Nigeria (CBN) has announced major adjustments to its cash-handling regulations, abolishing the ceiling on cash deposits and expanding the weekly withdrawal…
CBN directs Nigerian banks to withdraw misleading advertisement
The Central Bank of Nigeria (CBN) has directed Nigerian banks, payment service banks and other financial institutions to immediately withdraw all advertisements that violate consumer-protection…
FG announces readiness of Africa Energy Bank Headquarters in Nigeria
The Federal Government has revealed that the head office of the $5 billion Africa Energy Bank (AEB), to be hosted in Nigeria, is now fully…

