Naira Ends 2025 Strong at ₦1,429/$1, Steady at Parallel Market on Jan 1 The naira closed 2025 on a positive note, settling at ₦1,429/$1 on December 31 at the Nigerian Foreign Exchange Market (NAFEM). In contrast, the local currency sustained its...

Budget DG Tanimu Yakubu Opposes Suspension of 2025 Tax Act The Director General of the Budget Office of the Federation, Tanimu Yakubu, has issued a strong warning against suspending Nigeria’s Tax Act 2025, describing such a move as an "expensive"...

FULL TEXT: Tinubu Speaks on Tax Reforms, National Security, 2026 Economic Outlook President Bola Tinubu, in his New Year’s message to Nigerians, outlined the country’s economic outlook for 2026, his administration’s plan for strengthening national security, and the new tax...

Market Cap Rises to ₦99trn as Stocks Gain ₦36.6trn in 2025 Nigeria’s stock investments rose by 51.19 percent to close the year 2025 as against 37.65 percent in 2024. The market’s value rose by N36.62trillion in 2025 as capitalisation reached N99.4...

Crude, Refined Fuel Exports Sustain Nigeria’s External Surplus in Q3 - Report The Central Bank of Nigeria says Nigeria recorded a surplus external position in the third quarter of 2025, driven by higher crude and refined petroleum exports, despite a...

FG to Empower 1,000 Nigerians in Each Ward — Tinubu President Bola Tinubu has announced that the Federal Government plans to empower at least 1,000 Nigerians in each of the country’s 8,809 wards in 2026 as part of efforts to...