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Rand Merchant Bank Nigeria meets CBN recapitalisation threshold Rand Merchant Bank Nigeria Limited has announced meeting the new minimum capital requirement as set by the Central Bank of Nigeria. This was disclosed in a statement made available to our correspondent... Read More →

‘Tax Act introduces incentives for local manufacturing’ Nigeria’s long-anticipated tax reform may redefine how manufacturers operate, invest, and plan for growth, but its success will hinge on execution, professional services firm Kreston Pedabo has said. In an assessment of the... Read More →

Tax reform: Only officially gazetted Acts carry legal authority – NRS The Nigeria Revenue Service has clarified that only officially gazetted Acts of the National Assembly carry legal authority and are binding on taxpayers and revenue administrators, dismissing claims that... Read More →

NGX All-Share Index rises 1.92% The Nigerian Exchange recorded a strong performance last week, with the All-Share Index appreciating by 1.92 per cent to close at 156,492.36 points, while market capitalisation rose by 2.09 per cent to N99.938tn. Trading spanned... Read More →

Cash circulation stabilises amid regulatory reforms The Central Bank of Nigeria has intensified efforts to reinforce operational discipline across the financial system, with a renewed focus on ensuring that cash remains available to Nigerians at all times. This push, driven... Read More →

Naira opens 2026 stronger at 1,430.84/$ The naira started the first trading day of the New Year on a stronger note, riding on gains from relative stability in 2025 to appreciate to N1,430.84/$ at the official window, data from the... Read More →

  ‘30% CGT risks investor flight, double charge’ Nigeria’s proposed 30 per cent Capital Gains Tax on capital market transactions above N150m has ignited intense debate among capital market operators, economists, and investment professionals, many of whom warn that the... Read More →

Brace for anti-tax unrest, NRS tells security agencies The Executive Chairman of the Nigeria Revenue Service, formerly the Federal Inland Revenue Service, Zacch Adedeji, has asked security agencies to be on alert over planned nationwide protests against the new tax... Read More →

Insurance stocks soar as investors favour cheaper equities The Nigerian Exchange witnessed a quiet but notable shift in investor activity on Thursday, as insurance stocks outperformed banking equities, reflecting growing interest from retail investors in low-priced securities. Trading data showed... Read More →

Equity market rebounds with N694bn gain The Nigerian Exchange closed Thursday on a strong note, rebounding with a N694 bn gain after a week of losses as investors returned to the market, driving selective gains across key sectors. The NGX... Read More →