Friday, November 13, 2026

Economy

October 28, 2026

Nigeria too important for global banks to ignore, says JP Morgan

JP Morgan’s decision to expand operations in Nigeria shows confidence in recent economic reforms and the quality of banking regulation, its West Africa managing director says.

JPMorgan Chase
October 28, 2026

Tinubu approves N70,000 monthly transport allowance for workers

Three months before the presidential election, President Bola Tinubu’s administration approved a six-month N70,000 transport allowance for workers.

President Bola Tinubu
October 28, 2026

Customs to tackle money laundering ahead of Nigeria’s 2027 assessment

The Nigeria Customs Service has pledged to sustain efforts against money laundering and terrorist financing.

Customs officers used to illustrate the story
October 28, 2026

Tax trust low as two-thirds of Nigerian households face informal levies, says NESG

Although 74.4 per cent of households recognised the government’s right to collect taxes, their average trust in tax authorities stood at 2.01 on a four-point scale.

Nigerians
October 28, 2026

Former AfDB boss Adesina praises Tinubu’s economic policies, offers to help govt

“In any capacity that His Excellency feels I can help, I can help in anything. I’m not looking for a job. I’m not looking for anything. I’m just here to help,” said Mr Adesina.

October 27, 2026

Data governance gaps can make capital costlier for African firms: NGX

Mr Popoola said businesses with reliable data, strong controls and resilient systems are better positioned to earn investors’ confidence.

Nigerian Exchange
October 27, 2026

Tinubu writes National Assembly, seeks approval for $20.5 billion, €1.4 billion loans

The President’s letter was read during plenary by the Senate President Godswill Akpabio.

PRESIDENT BOLA AHMED TINUBU
October 27, 2026

ACCI seeks stronger academia-industry collaboration

ACCI says stronger collaboration between academia and industry can translate research into viable businesses, jobs and economic opportunities across Nigeria and Africa.

Abuja Chamber of Commerce and Investment
October 27, 2026

Bayelsa suspends oil firm’s land acquisition over fatal community dispute

The Bayelsa government directed the operator of Oil Mining Lease 29 (OML 29) to suspend all land acquisition activities in the Brass council area.

Governor Douye Diri
October 27, 2026

Court freezes Chappal Energies’ accounts as shareholding dispute worsens

The court restrained all banks and financial institutions operating in Nigeria from releasing up to $100 million to R28, Adebisi Adebutu, and Michael Humphries.

Federal High Court