Chairman of the National Tax Policy Implementation Committee (NTPIC), Mr. Joseph Tegbe, has said the Nigerian Tax Reform Acts 2025 will significantly strengthen the economy while protecting citizens, describing the legislation as a major shift toward a more sustainable fiscal framework. In an article, Tegbe explained that the Acts represent a comprehensive overhaul of Nigeria’s fiscal […]

By Babajide Komolafe Group Chief Economist at Afreximbank, Dr Yemi Kale, has warned that Nigeria’s emerging macroeconomic stability could be short-lived without sustained policy discipline, stressing that credibility remains critical to attracting long-term capital and shielding the economy from external shocks. Speaking at the FirstBank 2026 Nigerian Economic Outlook session, Kale said recent improvements in inflation […]

By Udeme Akpan, Energy Editor Nigeria’s average oil output, including condensate, increased year-on-year to 1.652 million barrels per day in the first 11 months of 2025, from 1.544 million bpd in the corresponding period of 2024, indicating a 7 percent increase. Despite this, Nigeria did not meet its 2025 budget target of 2.06 million bpd during […]

By Obas Esiedesa, Abuja The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 5.36 million electricity customers nationwide remain without meters, leaving them exposed to the unpredictable estimated billing methods by distribution companies (DisCos). According to the Commission’s third-quarter 2025 industry report published on its website, as of 30 September 2025, only 6.662 million   of the 12.030 […]

In 2025, despite persistent challenges of poor power  supply, ageing infrastructure and deepening illiquidity, the Nigerian Electricity Supply Industry (NESI) was largely shaped by two defining developments:

By Peter Egwuatu  The Securities and Exchange Commission (SEC) has announced plans to significantly step up enforcement of market rules in 2026, following the enactment of the Investments and Securities Act (ISA) 2025, as part of efforts to strengthen investor confidence and market integrity. The Director-General of the SEC, Dr. Emomotimi Agama, disclosed this while outlining […]

•High interest rates persist By Elizabeth Adegbesan There are fresh signs of cautious optimism in Nigeria’s economy as both consumers and businesses reported improving sentiments in December 2025, driven by moderating prices, better economic outlook and rising confidence in macroeconomic stability, even as concerns linger over high interest rates on bank loans. This is contained in […]

By Peter Egwuatu Fresh buying interest swept across the Nigerian Exchange Limited, NGX, in the opening sessions of yesterday trading, lifting total market capitalisation above N100 trillion mark, a milestone that reflects not just rising share prices, but also a renewed market confidence. Market data showed that equities market capitalisation, which represents the total value […]

“The rally was driven by strong buying interest in stocks such as Cadbury Nigeria, Fidson Healthcare, and Champion Breweries”

By Peter Egwuatu   The investors on the Nigerian Exchange Limited, NGX sustained the 2025 year-end rally, gaining N2.05 trillion in the  four trading days of the week. Financial analysts noted that investors returned to fundamentally strong stocks  across the Banking, Information Communications Technology , ICT and select Consumer Goods sectors.  Analysis of trading shows that the […]