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Finance & Economy - Page 4

Business·Finance & Economy·Markets·News·Nigeria

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies that handle imported goods under a system where duties are paid before delivery, Prime Business Africa reports. The Nigeria Customs Service said the changes affect companies operating under the Delivered Duty Paid

January 13, 2026

Finance & Economy·News·Politics

Enugu Unveils ₦1.6trn ‘Budget of Renewed Momentum’ for 2026, Prioritises Education, Infrastructure, New City Projects

Enugu State Governor Peter Mbah has presented a record ₦1.617 trillion budget for the 2026 fiscal year, describing it as a blueprint for “full-scale impact” across critical sectors after two years of foundation-building reforms. Tagged the Budget of Renewed Momentum, the proposal

December 9, 2025

Business·Finance & Economy·News·Top Stories

New Tax Laws Poised to Strengthen Nigeria’s Competitiveness, Not Scare Investors, Presidency Insists

Nigeria’s new tax framework, set to take effect in January 2026, is designed to modernize the country’s fiscal system, simplify compliance, and enhance economic competitiveness, the Special Adviser to President Tinubu on Economic Affairs, Dr. Tope Fasua, has said. Addressing growing public

December 9, 2025

Business·Finance & Economy·News·Top Stories

CBN Approves 82 Licensed BDCs, Publishes Full List Under New FX Regulatory Framework

The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureaux De Change (BDCs) under its revised 2024 Regulatory and Supervisory Guidelines, marking one of the most significant clean-ups of the retail foreign exchange market in recent years.

December 9, 2025

Finance & Economy·Opinion

Are The New Tax Laws Necessary In The Midst Of Insecurity, Endemic Corruption, High Inflation?

By Mohammed I. TSAV Esq. The implementation of these new tax laws in January 2026; under President Bola Ahmed Tinubu administration, in the midst of insecurity, endemic corruption and high inflation, an unsteady economy, and an unstable Naira, has sparked a debate

December 8, 2025

Finance & Economy·News·Nigeria

Nation’s Cosmetic Economic Growth Not Lifting Nigerians Out of Poverty – Oye

Chairman of the Alliance for Economic Research and Ethics LTD/GTE, Dele Kelvin Oye, has warned that Nigeria’s celebrated economic growth figures mask the worsening hardship facing millions of citizens, describing the situation as “a troubling paradox where GDP rises without progress.” Speaking

December 8, 2025

Africa·Finance & Economy·News·Top Stories

Russian Mercenaries Allegedly Fuel CAR’s Energy Crisis, Enrich Armed Networks

A new investigation has accused Russian-linked mercenaries and their local partners of orchestrating a cartel-like grip on the Central African Republic’s (CAR) fuel sector, worsening nationwide shortages and enriching criminal networks while citizens struggle to access petrol. The report, released by the

December 4, 2025

Finance & Economy·News·Nigeria

FG, Boeing, Cranfield University Partner to Establish Aircraft Maintenance Hub, Targeting $200M Savings

President Tinubu has announced a landmark partnership between the Federal Government, global aircraft manufacturer Boeing, and UK-based Cranfield University to establish a world-class Maintenance, Repair, and Overhaul (MRO) facility in Nigeria. The announcement was made at the opening of the maiden Nigerian

December 4, 2025

Finance & Economy·News·Top Stories

Nigeria Records Economic Gains Despite Persistent FX Pressures

Nigeria’s economy has recorded a generally positive trajectory across several macroeconomic indicators between May 2023 and the latest releases by the National Bureau of Statistics (NBS) and the Central Bank of Nigeria (CBN), according to data compiled by Statisense. Based on Statisense’s

December 4, 2025

Image of Ghana Mobile Money Kiosk and Ghana Flag

Africa·Finance & Economy·News

Ghana’s Mobile-Money Transactions Hit US$318 Billion in First 10 Months of 2025

Ghana is experiencing an unprecedented surge in digital payments, with the total value of mobile-money transactions hitting GH¢3.6 trillion between January and October 2025, according to the latest data the Bank of Ghana has released. Using an average exchange rate of GH¢11.3

December 3, 2025

Business·News·Nigeria·Oil & Gas

NCDMB Sets Industry Benchmark with Fourth Consecutive Win in PEBEC Business Efficiency Index

The Nigerian Content Development and Monitoring Board (NCDMB) has reinforced its standing as one of the country’s most efficient regulatory institutions after emerging the overall best-performing agency in the Presidential Enabling Business Environment Council (PEBEC) Transparency and Efficiency Index for the fourth

December 3, 2025

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Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

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Finance & Economy - Page 4

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Enugu Unveils ₦1.6trn ‘Budget of Renewed Momentum’ for 2026, Prioritises Education, Infrastructure, New City Projects

New Tax Laws Poised to Strengthen Nigeria’s Competitiveness, Not Scare Investors, Presidency Insists

CBN Approves 82 Licensed BDCs, Publishes Full List Under New FX Regulatory Framework

Are The New Tax Laws Necessary In The Midst Of Insecurity, Endemic Corruption, High Inflation?

Nation’s Cosmetic Economic Growth Not Lifting Nigerians Out of Poverty – Oye

Russian Mercenaries Allegedly Fuel CAR’s Energy Crisis, Enrich Armed Networks

FG, Boeing, Cranfield University Partner to Establish Aircraft Maintenance Hub, Targeting $200M Savings

Nigeria Records Economic Gains Despite Persistent FX Pressures

Ghana’s Mobile-Money Transactions Hit US$318 Billion in First 10 Months of 2025

NCDMB Sets Industry Benchmark with Fourth Consecutive Win in PEBEC Business Efficiency Index

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Nigeria’s Power Supply Fell in December, Testing Public Patience

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

GivTrade Secures UAE SCA Category 5 Licence

Dollar, Pound, Euro Rates Drop In Official Market

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