By Elizabeth Adegbesan The Nigeria Inter-Bank Settlement System (NIBSS) has disclosed that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024. In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement […]

By Godwin Oritse The Federal Government has directed all shipping companies and airlines operating in Nigeria to submit their cargo manifests through the National Single Window, NSW, platform, in a move aimed at strengthening cargo tracking, improving transparency and enhancing trade facilitation. The directive, issued through the Ministry of Finance, marks a significant shift from the […]

By Babajide Komolafe United Bank for Africa, UBA Plc, has exceeded the N500 billion minimum capital requirement for banks with international authorisation, following the successful conclusion of its second Rights Issue, which added N157 billion to the bank’s capital base. Vanguard investigations showed that at the end of the first half of 2025, UBA had […]

Jigawa State has joined other North Central states in fast-tracking the domestication of Nigeria’s new tax reforms, as sub-national governments intensify efforts to boost revenue generation…

NERC disclosed that Togo, Niger, and Benin owe Nigeria $17.8 million, an equivalent of over N25 billion

The Organisation of Economic Co-operation and Development (OECD) says Nigeria’s stock market ranks   third-highest in Africa by the number of listed companies.

PRESIDENT Bola Tinubu has commended corporate Nigeria, citizens, and capital market stakeholders for propelling the Nigerian Exchange, NGX, surpassing the historic ₦100 trillion market capitalization milestone.

By Peter Egwuatu  The Stanbic IBTC Purchasing Manager Index, PMI report, has indicated that the Nigeria private sector remained in sustained growth at the end of 2025 as improvements in customer demand fed through to higher new orders, output and purchasing activity. The report for December 2025 stated that employment also increased, but the rate of job […]

…Special economic zones generate $500m export revenue, 20,000 jobs By Progress Godfrey Nigeria recorded a N12 trillion trade surplus in the first half of 2025 as non-oil exports grew by 21 percent to $12.8 billion, signaling a strong export rebound driven by policy reforms under the Federal Ministry of Industry, Trade and Investment. The performance reflects a […]

By Peter Egwuatu The Lagos Commodities and Futures Exchange (LCFE) has finalized plans to list over N21 billion worth of Kian Smith FZE gold in a landmark transaction aimed at deepening Nigeria’s commodities market and expanding investable asset classes within the capital market. The forthcoming listing will feature internationally certified 1kg London Bullion Market Association […]