By Vivian Emoni The Federal Government says it has unveiled opportunities for businesses to access one billion dollars AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness and intra-African trade. Dr Jumoke Oduwole, Minister, Industry, Trade and Investment, made this known at the second quarter 2026 meeting of theContinue Reading
By Olusegun Aribike African Export–Import Bank (Afreximbank) has committed 83 billion dollars to Nigeria since inception, with a significant share invested in Lagos, as the city secured hosting rights for the next Intra-African Trade Fair. The Executive Vice-President, Afreximbank, Kanayo Awani, made this known on Monday atContinue Reading
By Olusegun Aribike Governors of Abia, Imo, Nasarawa and Plateau states on Monday showcased investment opportunities across key sectors at the Invest Lagos 3.0 Summit, seeking capital to accelerate economic growth. The governors, who presented investment opportunities at the two-day summit with the theme, “Lagos Business Gateway to Africa”,Continue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N34,788.59 billion in the first quarter of 2026. This is according to the NBS Foreign Trade in Goods Statistics Report for Q1 2026 released in Abuja. This shows a decrease compared to the valueContinue Reading
ACCI seeks suspension of sugar-sweetened beverage tax billContinue Reading
By Lucy Ogalue The Nigeria Export Processing Zones Authority (NEPZA), has sought the support of the Obong of Calabar, Edidem Ekpo Otu V to strengthen and expand operations at the Calabar Free Trade Zone (CFTZ). The Managing Director of NEPZA, Dr Olufemi Ogunyemi, made the appeal during a courtesy visitContinue Reading
By Nana Musa The Office of the Tax Ombud (OTO) of Nigeria says efforts are underway to address multiple taxation through collaboration with relevant revenue authorities. The Chief Executive Officer (CEO) of OTO, Dr John Nwabueze, said this during a breakfast meeting with financial correspondents in Abuja on Tuesday. HeContinue Reading
By Rukayat Moisemhe Corporate trustees and financial market stakeholders say recent regulatory reforms are reshaping Nigeria’s trusteeship landscape, expanding fiduciary responsibilities and imposing stricter compliance obligations across the financial system. The stakeholders stated this in an interview at the end of the Association of Corporate Trustees (ACT) 2026 Annual ConferenceContinue Reading
By Vivian Emoni The Fiscal Responsibility Commission (FRC) says it is strengthening collaboration with regulatory and anti-corruption agencies to address violation of fiscal laws for accountability. Mr Charles Abana, Acting Chairman of the commission, said this in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja.Continue Reading
By Olusegun Aribike Lagos, June 8, 2026 (NAN) President Bola Tinubu on Monday highlighted Lagos’ role in Nigeria’s economy, saying the state remained a major driver of investment, innovation and economic growth. Tinubu, who was represented by Vice-President Kashim Shettima, stated this on Monday while delivering the keynote addressContinue Reading
