By Taiye Olayemi Nigeria has formally shifted from a T+3 to a T+2 settlement cycle, marking a significant advance in the ongoing modernisation of its capital market. The News Agency of Nigeria reports that T+2 settlement means securities and funds from trades will now be settled two business days afterContinue Reading
By Muhyideen Jimoh President Bola Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC). The committee, chaired by Mr Joseph Tegbe, would drive the implementation of the administration’s landmark tax reforms in line with national economic aspirations. Presidential spokesperson, Mr Bayo Onanuga, announced thisContinue Reading
By Grace Alegba Gov. Babajide Sanwo-Olu of Lagos State says responsible credit and strong regulatory frameworks are key to sustainable business growth and economic advancement in Nigeria. Sanwo-Olu represented by the Permanent Secretary, Debt Management Office, Mrs Alake Sanusi, said this on Thursday during the 2025 National Credit ManagersContinue Reading
By Gregg Mmaduakolam Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) says it will rescue failing public, private, corporate and state-owned enterprises in Imo State and the South-East region. The President of BRIPAN, Mr Chimezie Ihekweazu, made the promise on Thursday at the association’s South-East Insolvency Summit held inContinue Reading
By Rukayat Moisemhe Experts have stressed the need for significant investment in human capacity across the tax ecosystem to enable the new tax laws to deliver its meaningful impact in the coming year. They gave the advice at the Chartered Institute of Directors (CIoD) Professional Services Group Advocacy Tax SymposiumContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) says the new tax reforms will eliminate multiple taxation and create a business-friendly and transparent revenue system to support growth and competitiveness. Chief Emeka Obegolu, ACCI President, communicated this at a high-level gathering for business leaders and experts, inContinue Reading
By Collins Yakubu-Hammer A digital platform, Marketplace Naija has been unveiled to help Nigerians overcome challenges of verification, inconsistent communication and fraud during online trading. Mr Ifejika Somtochukwu, the platform’s spokesperson, in Abuja, said the new online classified platform was introduced in Nigeria to provide a more structured and reliableContinue Reading
By Rukayat Moisemhe The Bank of Industry (BoI) has introduced a business clinic model designed to diagnose, treat and rehabilitate the Micro, Small and Medium Enterprises (MSMEs) to ensure long-term growth and sustainability. The Divisional Head, Business Development, BoI, Dr Obaro Osah, made this known at the bank’sContinue Reading
By Priscilla Osaje The Presidential Enabling Business Environment Council (PEBEC) has announced a change of venue for its upcoming 2025 awards and gala night. Its Director-General, Mrs Zahrah Mustapha-Audu, said this in a statement on Wednesday in Abuja. Mustapha-Audu said the event originally scheduled to hold at the Banquet Hall,Continue Reading
By Rukayat Moisemhe/Oluwatope Lawanson Key government officials, business leaders and diplomats have emphasised the need to strengthen Nigeria–United Kingdom commerce and deepen intra-African trade to harness emerging global opportunities and enhance competitiveness. They made the call at the inauguration of the 19th President of the Nigerian-British Chamber ofContinue Reading
