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Nigeria needs policy, legislative resilience to turn reforms into results, says Usman-Katsina

Head Federal and National Assembly Affairs, Hajiya Fatima Y. Usman-Katsina has called on federal and state governments to adopt Policy and Legislative Resilience (PLR) as a practical framework to strengthen institutions, improve fiscal discipline, deepen citizen participation, and ensure that Nigeria’s ongoing reforms deliver measurable results. Usman-Katsina said Nigeria is at a critical governance moment, […]

Textile manufacturers seek stronger trade protection for local industry

By Yinka Kolawole The Nigeria Textile Manufacturers Association (NTMA) has renewed its call for stronger government measures to protect the country’s textile industry from excessive imports, smuggling and unfair foreign competition. Speaking on a programme on the Nigerian Television Authority (NTA), the Director-General of NTMA, Dr. Hamma Ali Kwajaffa, said the association has consistently advocated decisive […]

Manufacturing leads non-oil tax revenue with N404bn VAT, CIT contribution in Q1’26

By Yinka Kolawole Nigeria’s manufacturing sector reinforced its role as a major contributor to government revenue in the first quarter of 2026 (Q1’26), generating N329.59 billion in Value Added Tax (VAT) and N74.48 billion in Company Income Tax (CIT), totalling N404.07 billion. Data obtained from the National Bureau of Statistics (NBS) highlight the sector’s continued importance to […]

Importers pay N100,000 daily demurrage over NSW delays — Customs agents

By Efe Onodjae Importers and clearing agents have raised concerns over mounting demurrage costs at Nigerian seaports, blaming delays linked to the National Single Window (NSW) platform for prolonged cargo clearance processes. The National President of the National Council of Managing Directors of Licensed Customs Agents, NCMDLCA, Lucky Amiwero, along with other customs agents, alleged that […]

Dollar to Naira exchange rate today, June 22, 2026

The Nigerian naira traded at relatively stable levels against the United States dollar on Monday, June 22, 2026, as the official and parallel foreign exchange markets continued to maintain a narrow spread.

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