Former senatorial candidate Babagana Habeeb has received a 10-year prison sentence for selling petrol to Boko Haram, aiding terrorism in Borno State.
Petrol prices have dropped across depots as competition with Dangote Refinery intensified, prompting operators to adjust rates downward to remain competitive.
Ecobank Nigeria Limited revised savings interest rates following Central Bank of Nigeria Monetary Policy Rate changes, reflecting broader adjustments.
The Lagos State Government has commenced legal action against 45 individuals and companies over alleged tax defaults amounting to billions of naira.
Canada enforces stricter hiring rules for foreign workers in low-wage jobs from April 2026, focusing on local youth employment and reducing reliance on foreigners
The Central Bank of Nigeria (CBN) has set an April 30 deadline for lenders to submit Board-approved Risk-Based Capital (RBC) stress test reports.
FUGAZ banks recorded rising personnel expenses in 2025 as inflation, salary adjustments and hiring growth significantly increased operating costs.
The naira slipped slightly to N1,380/$1 at the official market, stayed stable at N1,405/$1 at the parallel market, amid Central Bank of Nigeria FX reforms.
Despite ongoing reforms and the introduction of digital filing systems, gaps in tax awareness and record-keeping persist, particularly among small businesses.
Ekiti State launches the Innovation Enterprise Support Fund, providing funding, mentorship, and market access to empower startups, especially female-led businesses.
Multiple funding opportunities now exist through government and private initiatives, offering support ranging from small grants to multi-million-naira loans.
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