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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.

Pension Reforms Drive NGX Up 6.16%, Add N6.79trn

Nigeria’s equities market surged last week after a major regulatory shift by the National Pension Commission (PenCom) allowed pension funds to increase their equity holdings.

Customs Launches ‘One-Stop-Shop’ to Cut Clearance Time to 48 Hours

The Nigeria Customs Service (NCS) has unveiled a One-Stop-Shop (OSS) initiative aimed at cutting cargo clearance time to 48 hours and eliminating redundant checks at seaports and land borders.

CPTA Demands Solar Installation Safety Enforcement After Kano Market Fire Outbreak

CPTA Demands Solar Installation Safety Enforcement After Kano Market Fire Outbreak The Center for Peace, Transparency and Accountability (CPTA) has called for the immediate enforcement of regulatory standards for solar power installations across residential and commercial buildings nationwide, warning that weak oversight is fueling preventable...

External Reserves Rises to $47bn, Highest Since 2018

Nigeria’s external reserves have risen above $47 billion, their highest level since 2018, signaling renewed strength in the country’s external position and boosting confidence in the Central Bank of Nigeria’s (CBN) outlook.

After AI Deployment, CAC Processes 10,000 Business Registrations Daily

The Corporate Affairs Commission (CAC) says it now processes up to 10,000 business registration requests daily, following the deployment of artificial intelligence (AI) across its platforms.