Senate Demands Full Transparency in Stamp Duty Probe   The Senate has launched a far-reaching investigation into stamp duty collections said to run into trillions of naira, demanding full disclosure from commercial banks, the Central Bank of Nigeria (CBN), the Federal...

23 Refineries Licensed in Four Years - NMDPRA   In the last four years of the enactment of the Petroleum Industry Act (PIA), the Federal Government has issued 23 licenses to proposed refineries to establish their operations. Nigerian Midstream and Downstream Petroleum...

Equities Market Rebounds as Investors Gain N1trn   The Nigerian Exchange Limited (NGX) continued its bullish trading on Thursday, as the All-Share Index rose by 1.08 per cent to close at 146,981.17 points. Investors also recouped some of their losses from the...

Tax Incentives Fuel 3.1% Growth in Manufacturing Sector - MAN   The Manufacturers Association of Nigeria (MAN) has projected that the country’s manufacturing output will grow by 3.1 per cent in 2026, driven by new tax incentives, harmonisation of levies expected...

Nigeria Sees 11th Consecutive Month of Economic Growth   Nigeria’s economy expanded for the eleventh consecutive month as Central Bank of Nigeria (CBN) Purchasing Managers’ Index rises to 55.4 index points in October 2025 from 54 index points recorded in the...

FG Launches Equity Fund to Boost Nigerian Content in Oil Industry   The Federal Government, through the Nigerian Content Development and Monitoring Board (NCDMB) has announced the imminent launch of the Nigerian Content Equity Fund. The board said this is a financing...