The NDC has reportedly nominated a popular and influential critic of the APC as its governorship candidate in Lagos for the 2027 general elections.
Naira weakens to N1,360/$1 at the official market as tight FX inflows, lower oil receipts and reduced CBN interventions pressure currency stability across markets.
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.
The CBN, alongside banks and fintech firms, has launched a committee to encourage innovation and improve Nigeria’s rapidly growing digital payments ecosystem.
Money
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