Hafsat Ibrahim

Base-Year Effects to Push Nigeria’s Inflation Near 19% – Experts

Nigeria’s headline inflation is projected to rise toward 19% in January 2026, despite month-on-month price pressures easing, due to statistical base-year effects.

NLC Threatens Nationwide Showdown Over Power Sector Failures

The Nigeria Labour Congress (NLC) has threatened a nationwide industrial action over what it described as “institutionalised extortion” in the power sector.

Dangote Refinery Supplies 62% of Nigeria’s Fuel in January

The Dangote Petroleum Refinery has overtaken importers to supply 62% of Nigeria’s petrol market in January 2026, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

NRS Sees N522bn Capital Gains Tax Collections

Nigeria’s Capital Gains Tax (CGT) collections hit a record ₦522 billion in 2025, far exceeding expectations and marking an 869% performance against target, according to figures presented by the Nigeria Revenue Service (NRS).

Nigerian Breweries Reports N1.467tn Revenue

Nigerian Breweries Plc has reported ₦1.467 trillion in revenue for 2024, a 35% increase from ₦1.08 trillion in 2023, according to its audited results filed with the Nigerian Exchange Limited.

FG Allocates N11.7bn to Boost MSMEs in 2026

The Federal Government has earmarked ₦11.76 billion in 2026 to support Micro, Small, and Medium Enterprises (MSMEs) and industrial revitalisation, according to allocations in the Appropriations Bill.
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