VAT Revenue Increased By 37% To N4.12trn In H1’25
Revenue generated through Value Added Tax (VAT) rose by 37.7 percent year-on-year to N4.12 trillion in the first half of 2025 (H1’25), up from...
PenCom Outlines Conditions For Early Access To Pension Savings Under Contributory Scheme
The National Pension Commission (PenCom) has clarified that Nigerian workers enrolled in the Contributory Pension Scheme (CPS) can access part of their retirement savings...
Dangote To Boost Sugar Production With $700m Expansion Plan
Dangote Group is set to end Nigeria’s dependence on imported sugar with an investment of more than $700 million sugar expansion plan aimed at...
Naira Faces Fresh Pressure as Parallel Market Rates Weaken Despite Official FX Stability
The Nigerian Naira began the week under renewed pressure in the unofficial foreign exchange market, commonly referred to as the black or parallel market. On...
Nigeria’s External Reserves Increases To $46bn
The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso yesterday said that the nation’s external reserves has risen to $46.7 billion,...
“Ghana Scraps Covid Levy, Cuts VAT to Boost Economic Growth”
Ghana has abolished its Covid-19 Health Recovery Levy and reduced value-added tax as part of broader efforts to stimulate economic growth, the government announced...
Nigeria’s Private Sector Credit Increased To 75.9% In 2-years
Credit to the Private sector, CPS, in Nigeria has expanded significantly in the last two years, growing by 75.9 % to hit all time...
FG Unveils Plans To Boost Food Production
The Federal Government has unveiled new agricultural reforms aimed at ending hunger, boosting food production, and reducing post-harvest losses estimated at over $10bn annually,...
Naira, Stocks Weakens After Trump’s Military Threat
Nigeria’s financial markets began November 2025 on a sour note as the naira and equities weakened sharply following remarks by United States President Donald...
NFEM Records Dollar Strengthening Against Naira At Exchange Rate Today
The Nigerian Foreign Exchange Market (NFEM) recorded a strengthening of the Naira against the US Dollar on October 28, 2025, while the parallel market...
