CBN data localisation directive will boost investment in digital infrastructure — GFA Co-Founder
By Babajide Komolafe The Central Bank of Nigeria, CBN, data localisation directive will create measurable, long-term demand for local data centres, cloud services and other sovereign digital infrastructure, GFA Technologies Group has said. Co-founder of GFA Technologies Group, Adebola Omololu, stated this while assessing the investment opportunities arising from the directive, describing it as a catalyst […]
NDIC reaffirms fiscal compliance, seeks exemption to boost reserves
By Babajide Komolafe The Nigeria Deposit Insurance Corporation, NDIC, has reaffirmed its strict compliance with fiscal and financial regulations, including the Fiscal Responsibility Act, FRA, 2007, stressing that it has consistently remitted the required portion of its earnings to the Federal Government. The Managing Director/Chief Executive of NDIC, Mr. Thompson Oludare Sunday, stated this during […]
2026: FG to identify export products in 774 LGAs under AfCFTA drive
By Progress Godfrey ABUJA – Nigeria is set to deepen its participation in the African Continental Free Trade Area (AfCFTA) in 2026, with the Federal Government moving to identify at least one exportable product in each of the country’s 774 local government areas as part of a broader strategy to scale production, boost non-oil exports […]
Class54 launches AI tools to support JAMB, WAEC candidates ahead of 2026 exams
By Emmanuel Okogba Nigerian education technology platform Class54 has introduced new artificial intelligence–powered features aimed at supporting students preparing for major secondary school examinations, including JAMB (UTME), WAEC, and Post-UTME. The EdTech platform has helped over 300,000 students across Nigeria prepare for and pass local and international examinations through mobile-based practice, offline learning resources, and online […]
NEW TAX REGIME: NRS takes over FIRS
The Federal Inland Revenue Service, FIRS, has dissolved into Nigerian Revenue Service, NRS, as Nigeria’s new tax regime kick-starts today.
Nigeria’s new tax laws: What they really mean for you
By Babajide Komolafe Have you heard the buzz about Nigeria’s new tax laws? If your first reaction is to sigh and flip the page, you’re not alone. For many Nigerians, taxes feel distant, complicated, and sometimes unfair. But this time, the changes are too important to ignore because they touch almost every aspect of our economic lives—from […]
