By Grace Alegba The Lagos State Government plans to expand its revenue base by fully identifying, valuing and monetising public assets to generate N4.44trillion for its 2026 budget. The Commissioner for Energy and Mineral Resources, Mr Biodun Ogunleye, disclosed this on Friday in Ikeja at a stakeholders’ forum organised byContinue Reading
By Vivian Emoni The Federal Government has inaugurated committees to implement Nigeria’s National Intellectual Property (IP) Policy, to boost innovation and trade competitiveness for economic diversification. Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, inaugurated the Nigeria Intellectual Property Policy and Strategy (NIPPS) committee, including the Inter-Ministerial Steering CommitteeContinue Reading
By Nana Musa Abuja, Jan. 16, 2026 (NAN) Nigeria has achieved a major international milestone in its campaign against money laundering, terrorist financing and proliferation financing. This followed its removal from the European Union’s (EU) list of high-risk third countries under the EU Anti-Money Laundering and Countering the Financing ofContinue Reading
By Taiye Olayemi Nigerian Exchange Group (NGX Group), in partnership with DEG, Germany’s development finance institution, and Africa Foresight Group (AFG), has intensified efforts to help Nigerian companies strengthen climate commitments. The partnership would also unlock access to climate-linked capital estimated at between $2.5 billion and $3.1 billion.Continue Reading
By Mustapha Yauri An economic development expert has called for the urgent establishment of a National Revenue Regeneration and Financial Corporation (NRRFC) to shield Nigeria from fiscal collapse and fast-track economic diversification. Dr Ja’afaru Sa’ad, Chairman and Founder of the Galadiman Ruwa Centre (GSCLC), a Non Governmental Organisation, made theContinue Reading
By Rukayat Moisemhe The Manufacturers Association of Nigeria (MAN) engaged the Presidential Committee on Fiscal Policy and Tax Reforms on Thursday to explain benefits and address concerns over new tax laws. The engagement, held in Lagos, aimed to clarify misconceptions surrounding implementation and implications for manufacturers across differentContinue Reading
By Okeoghene Akubuike Abuja, Jan. 15, 2026 (NAN) The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate stood at 15.15 per cent in December 2025. The Statistician-General (S-G), Adeyemi Adeniran, disclosed this in a statement on the Consumer Price Index (CPI) and Inflation Report for December 2025, releasedContinue Reading
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
