By Olamide Akintunde The Federal Government’s new tax regime, scheduled to take effect in January 2026, is expected to improve efficiency and profitability in Nigeria’s haulage...
The Maritime Organisation of West and Central Africa (MOWCA) has commenced strategic talks with Singapore’s Maritime and Port Authority (MPA) to deepen cooperation on port modernisation,...
Oando Plc’s market value surged by about 12% week on week as the group’s earnings direction was altered by its favourable tax positions. The market anticipates...
The Central Bank of Nigeria (CBN) raised about N7 trillion from six open market operations conducted in Oct to mop up excess liquidity and attract FX...
The eight members of the OPEC+ group agreed to raise oil production by 137,000 barrels per day (bpd) in December, while pausing further increases from January...
Nigeria’s sovereign Eurobonds yields fell at the international market ahead of the expiration of a $1.12 billion US dollar-denominated borrowing note issued in 2018. Reflecting positive...
Oil prices increased on Monday after the Organisation of Petroleum Exporting Countries and allies’ members (OPEC+) moved to avoid creating a supply glut in the global...
Money market rates declined as a result of surplus liquidity in the financial system. The interbank market has been flooded with excess liquidity, and local deposit...
By Olamide Akintunde The Federal Government has approved the temporary use of the Lagos-Calabar Coastal Highway in Lagos following a truck accident that occurred on Monday...
LECON Finance Company Limited, a Central Bank of Nigeria (CBN)-licensed finance company, says it has disbursed over N30 billion in leases to businesses nationwide. This achievement...
