By Kadiri Abdulrahman Abuja, Jan. 15, 2026 (NAN) The Nigeria Revenue Service (NRS) has dispelled news going rounds on the imposition of Value-Added Tax (VAT) on banking services, including electronic money transfer, fees and commission. Mr Dare Adekanmbi, Special Adviser on Media to Dr Zacch Adedeji, the Executive Chairman ofContinue Reading
By Aisha Cole A total of 20 ships are discharging petroleum products and other commodities at Apapa, Tin-Can Island and Lekki Deep Sea ports in Lagos, the Nigerian Ports Authority (NPA) said on Thursday. NPA explained that 14 of the ships were currently discharging bulk fertiliser, bulk wheat, bulk sugar,Continue Reading
By Taiye Olayemi Lagos, Jan. 15, 2025 (NAN) Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, says the economy is projected to grow 4.68 per cent in 2026 as the government drives investment-led, inclusive growth aimed at creating jobs and boosting citizens’ welfare. Edun made theContinue Reading
By Rukayat Moisemhe The Centre for Enterprise Governance (CEG) has urged Micro, Small and Medium Enterprises (MSMEs) to adopt basic governance structures to remain compliant, competitive and financially viable amid implementation of Nigeria’s new tax reforms. CEG Founder, Dr Adeyinka Hassan, gave the advice on Thursday in Lagos in anContinue Reading
By Muhyideen Jimoh President Bola Tinubu says Nigeria will co-host Investopia with the United Arab Emirates in Lagos in February to attract global investors and boost sustainable investment inflows. Tinubu announced this on Tuesday at the 2026 Abu Dhabi Sustainability Week (ADSW). He spoke on the sidelines of Nigeria’s conclusionContinue Reading
By Muhyideen Jimoh Nigeria’s Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates will unlock duty-free access for thousands of Nigerian products, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has said. Oduwole spoke on Tuesday in Abu Dhabi after Nigeria and the UAE signed the landmarkContinue Reading
By Aisha Cole Nigerian Shippers’ Council (NSC) has directed shipping companies, agents and terminal operators to suspend all reviews or increases in port charges to restore stability and ensure transparent stakeholder engagement. The directive was issued by the Executive Secretary and Chief Executive Officer of the NSC, Dr Pius Akutah,Continue Reading
By Grace Alegba Anglia International Services Ltd., a non-oil pre-shipment inspection company, has called for improved rail infrastructure to enable faster and cheaper movement of agricultural produce. Executive Director of the firm, Mr Stephen Dawodu, made the call during a virtual interview with newsmen in Lagos, while discussing the company’sContinue Reading
Dividend By Grace Alegba Lagos, Jan. 12, 2026 (NAN) The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of N24.3 billion for depositors of the defunct Heritage Bank Ltd., following continued recovery of the bank’s assets. The Central Bank of Nigeria (CBN) hadContinue Reading
By Muhyideen Jimoh The Federal Government has established Nigeria House, Davos, ahead of the 56th Annual World Economic Forum (WEF) 2026 to showcase Nigeria’s economic reforms and attract investors. The WEF 2026 meeting is scheduled to hold from Jan. 19 to Jan. 23 in Davos, Switzerland. This is contained inContinue Reading
