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REFORMS: Tax Ombud steps in to protect taxpayers, rebuild public trust

…Unveils digital complaint portal, call centre By Emeka Anaeto, Business Editor As the Federal Government pushes ahead with its comprehensive fiscal realignments, a critical missing link in the nation’s tax ecosystem has finally been plugged with the formal operationalisation of the Office of the Tax Ombud. The move is designed to safeguard corporate and individual taxpayers […]

Access Bank unveils App to support SMEs

By Cynthia Alo Access Bank Plc has launched a new artificial intelligence (AI)-powered application, Access SME App, designed to help Small and Medium-sized Enterprises (SMEs) manage their daily business operations from a single application. The app was formally unveiled during the bank’s maiden SME conference held over the weekend in Lagos themed, “AI for SMEs: Scaling […]

REA targets 3.7GW solar manufacturing to close Nigeria’s power gap

By Obas Esiedesa The Rural Electrification Agency (REA) has unveiled plans to establish 3.7 gigawatts (GW) of local solar photovoltaic (PV) panel manufacturing capacity by the end of 2027 as Nigeria intensifies efforts to expand electricity access and reduce dependence on imported renewable energy equipment. Managing Director of the agency, Engr. Abba Aliyu, disclosed the initiative […]

The impact of Oluremi Tinubu Dialysis Initiative in Hadejia

Something unusual and noteworthy has happened in Nigeria’s development landscape. FutureMap Foundation, known for promoting technology, innovation, youth empowerment and digital inclusion, chose to invest in a dialysis centre in Hadejia, Jigawa State—not in Lagos, Abuja, Kano or another major urban capital.

IMF urges central banks to tighten AI governance against financial risks

By Emma Ujah,  Abuja Bureau Chief The International Monetary Fund (IMF) has called on central banks and financial regulators to strengthen governance frameworks for Artificial Intelligence (AI), warning that the rapid adoption of the technology across the financial system could create new systemic risks if left inadequately supervised. The recommendation was made by the IMF’s Financial […]

Blue chip stocks add N2.5trn to market capitalisation as rally continues

By Peter Egwuatu  The Nigerian stock market maintained a bullish run Week-on-Week, WoW, on renewed demand for large-capitalised stocks pushing the benchmark Nigerian Exchange Limited, NGX All-Share Index (ASI)  to 247,357.40 points. The positive reading reflected the stronger investor appetite for selected blue-chip and fundamentally strong stocks, with gains concentrated across the banking, consumer goods and […]

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