Nigeria Imports 1.3bn Litres of Petrol Despite Local Production   Nigeria imported approximately 1.31 billion litres of petrol in December 2025, according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). During the same period, the Dangote refinery...

Nigeria Removed from EU's Financial Crime High-Risk List   The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a decision expected to ease cross-border transactions and improve investor confidence. The update was...

Tax Reform to Protect Low-income Nigerians - Oyedele The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that small-scale investors in the capital market are fully exempted from paying capital gains tax, while...

20 Banks Meet Capital Requirement Ahead of Recapitalisation Deadline   The Central Bank of Nigeria (CBN) has said that about 20 deposit money banks have already met the new capital requirements under the ongoing banking recapitalisation programme, as the apex bank...

Nigerian American Analyst Backs US Withdrawal from 66 Global Bodies   Following the landmark decision by the United States to withdraw from 66 international organizations, global affairs analyst Ejike Okpa has characterized the move as a necessary reassertion of national sovereignty. The...

Equities Strengthens as NGX Market Cap Gains N138bn   Nigerian equities closed the trading session on a positive note on Thursday as the total market capitalisation of the Nigerian Exchange Limited (NGX) increased by N138bn, reflecting modest investor optimism despite mixed...