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2027 politics biggest test of economic reforms — NESG

By Emeka Anaeto & Babajide Komolafe  The Nigerian Economic Summit Group, NESG, yesterday, warned that the 2027 general elections could pose the biggest threat yet to Nigeria’s ongoing economic reforms, cautioning that reform fatigue and policy reversals often set in as political cycles approach. Speaking at the presentation of the NESG 2026 Macroeconomic Outlook, NESG Chief […]

NGX confirms listing of 3.16billion UBA shares

The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for  Africa (UBA) Plc, to its Daily Official List, signalling a major enhancement of the bank’s market capitalisation whilst also deepening liquidity on the capital market. The NGX noted this in a confirmatory letter to the bank, dated January 12, […]

NRS explains VAT charges on bank customers’ transactions

By Emma Ujah, Abuja Bureau Chief The Nigeria Revenue Service (NRS) has clarified that there was no fresh imposition of Value-Added Tax (VAT) on banking services.  In a statement yesterday, the NRS said VAT has always applied to banking services and not newly introduced under the new Nigeria Tax Act. The statement signed by Dare Adekanmbi, […]

INC Presidential Race: Ogoriba picks nomination form

…vows to champion true federalism, resource control By Samuel Oyadongha, Yenagoa Elder Timi Kaiser-Wilhelm Ogoriba has formally joined the race for the presidency of the Ijaw National Congress (INC), picking up his interest form amid a carnival-like atmosphere at the Ijaw House in Yenagoa, Bayelsa State. Ogoriba, a veteran activist and prominent figure in the […]

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