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NGX Admits Chams HoldCo’s N3.66bn Shares The Nigerian Exchange Limited (NGX) has admitted Chams Holding Company’s 1,955,910,000 ordinary shares of 50 kobo each at N1.87 per share offered through private placement. The listing, effective November 17, 2025, increases the company’s total... Read More →

Stock Market Depreciates by N310.85bn on Profit-taking in Zenith Bank, Others The  Nigerian  stock market, yesterday depreciated by N310.85 billion over investors  profit-taking in Zenith Bank Plc and 31 others stocks listed on the Nigerian Exchange Limited (NGX). With 0.77per cent decline... Read More →

Ellah Lakes Extends N235bn Public Offer Deadline  Ellah Lakes Plc stated that the Securities and Exchange Commission (SEC) has approved the extension of its ongoing N235 billion public offer period, allowing more investors to participate in the company’s growth journey. ... Read More →

Offences and penalties in new Nigerian Tax Act (2) THE new Nigerian Tax Act comes into effect on January 1, 2026. The new tax law is intended to transform the nation’s economy, promote equity among the populace, improve the financial... Read More →

Tax reforms meant to ease burden, not add pain – FG The Federal Government says the new tax act is aimed at lessening economic burdens on Nigerians and not to worsen any hardship on the citizens. The government believes widespread... Read More →

FG begins N4tn GenCos debt repayment with bonds The Federal Government has begun the process of repaying the N4tn debt owed to Power Generation Companies with the launch of a N590bn first-tranche bond issuance. The initial tranche, part of a... Read More →

Tax Act spells out N10m penalty, 10-year jail term for offenders The days of treating tax non-compliance as a purely administrative matter are over, as Nigeria’s new tax legislation introduces stringent penalties, including a N10 million fine and imprisonment for... Read More →

Nigeria centralises revenue flows in boldest overhaul since TSA The federal government has launched its most ambitious public finance reform in more than a decade, unveiling a unified revenue platform that integrates the Treasury Single Account (TSA), the Government Integrated... Read More →

FX market records mild naira depreciation to N1,451.86/$ Nigeria’s currency weakened slightly at the official market on Monday, as the Nigerian Foreign Exchange Market rate closed at 1,451.86/$ from 1,450.43/$ recorded on Friday. According to data from the NFEM daily... Read More →

How CBN-led FX Reforms Support Economic Growth, Non-oil Export Expansion The ongoing drop oil-prices is being cushioned by the Central Bank of Nigeria (CBN)-led FX reforms as seen in the flexible foreign exchange (FX) regime, rising non-oil exports, and growing services... Read More →