Fit Row

UK investors drive 65% of Nigeria’s foreign inflows Nigeria attracted about 65 per cent of its recent foreign capital inflows from United Kingdom investors over the past year, with investments including $7.5m into Babban Gona and $40.5m into Johnvent Industries,... Read More →

KPMG flags errors, gaps in gazetted tax laws Nigeria’s newly gazetted tax laws, which became effective on 1 January 2026, contain errors, inconsistencies, gaps, and omissions that could affect businesses and taxpayers, according to a report by KPMG Nigeria. The... Read More →

Tinubu lauds NGX N100tn milestone, urges Nigerians to invest President Bola Tinubu has praised corporate Nigeria, citizens, and stakeholders in the Nigerian capital market for helping the Nigerian Exchange surpass the historic N100 trillion market capitalisation milestone, describing it as... Read More →

Lagos PDP governorship aspirant flags conflicting versions of tax law Lagos State governorship aspirant under the Peoples Democratic Party, Funso Doherty, has raised concerns about the existence of multiple versions of the law on official government platforms. In a recent... Read More →

Bitget expands beyond crypto with TradFi launch Bitget, the world’s largest Universal Exchange, has expanded its platform beyond digital assets with the public launch of its traditional finance trading suite, allowing users to trade assets such as gold, forex, indices... Read More →

NGX gains 1.74% as market cap soars above N100tn The Nigerian Exchange opened the 2026 trading year on a strong footing, as renewed investor demand and broad-based buying across listed equities lifted total market capitalisation above the N100tn threshold, underscoring... Read More →

Chapel Hill, CardinalStone dominate NGX trading Chapel Hill Denham Securities Ltd and CardinalStone Securities Ltd emerged as the top-performing stockbrokers on the Nigerian Exchange during the fourth quarter of 2025, commanding a significant portion of trading activity by both volume... Read More →

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 →