Business

Manufacturing tax contributions maintain upward trend in 2025

Manufacturing tax contributions maintain upward trend in 2025

…VAT rises 45.6% to N1.17trn; CIT up 32.8% to N881.3bn By Yinka Kolawole The manufacturing sector’s contribution to tax revenue collections in Nigeria maintained an upward trend in 2025, contributing a total of N1.17 trillion in Value Added Tax (VAT) representing an increase of 45.61 percent over the N803.53 billion recorded in 2024 while the sector’s Company […]
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Photos: Edun, IMF meet in Abuja

Photos: Edun, IMF meet in Abuja

Wale Edun, today received Dr. Quattara Wautabouna, Executive Director for the IMF Africa Group III (ECOWAS) Constituency

MWUN faults Navy, Marine Police over attacks on vessels at ports

MWUN faults Navy, Marine Police over attacks on vessels at ports

By Cynthia Alo  The President General of the Maritime Workers Union of Nigeria (MWUN), Comrade Francis Bunu, has accused security agencies operating in the Lagos ports of dereliction of duty following a rise in attacks on vessels while at berth. Bunu specifically blamed the security agencies for failing to adequately secure port waters and waterfronts, […]

CBN crashes Ways & Means to N2.8trn – Cardoso

CBN crashes Ways & Means to N2.8trn – Cardoso

By Emma Ujah,  Abuja Bureau Chief Nigeria’s Ways & Means portfolio has crashed to N2.84 trillion, down from N26.95 trillion inherited by current administration. Governor of the Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso, disclosed this at the Monetary Policy Forum,  themed,  “Strengthening Nigeria’s Macroeconomic Stability Through Effective Monetary Policy: The role of Critical Stakeholders” in […]

Cornerstone Insurance wins 2025 insurance company of the year

Cornerstone Insurance wins 2025 insurance company of the year

By Rosemary Iwunze Cornerstone Insurance Plc, one of Nigeria’s most trusted insurance providers, has been named 2025 Insurance Company of the Year at the annual awards ceremony recently organised by Champion Newspapers. The prestigious recognition was announced at a well-attended ceremony held in Lagos. The award celebrates outstanding performance, innovation, and industry leadership within Nigeria’s […]

Vanguard Detty December