The chief executive of Dutch brewer Heineken unexpectedly announced his resignation Monday, as the company grapples with lower beer sales and job cuts in a difficult economic environment.

The federal government has commenced strategic review of tariff policies to encourage local production, protect domestic industries, and ease the cost of doing business.  This followed a high-level meeting with the Tariffs Review Board and the Minister of State for Finance, Dr Doris Uzoka-Anite, where existing tariff regimes were weighed against the backdrop of rising production […]

By Yinka Kolawole  Nigerian manufacturers are set to benefit from performance-based incentives with the implementation of the Nigeria Tax Act (NTA) 2025, which took effect from January 1, 2026. Analysing the new legislation, Kehinde Folorunsho, Partner, Tax Services at Kreston Pedabo Professional Services, said the Act represents one of the most far-reaching overhauls of Nigeria’s tax […]

By Babajide Komolafe The Nigeria Deposit Insurance Corporation, NDIC, has declared a second liquidation dividend of N24.3 billion to depositors of the defunct Heritage Bank Limited whose account balances exceeded the statutory insured limit of N5 million as at the date of the bank’s closure. The declaration followed sustained asset recovery efforts by the Corporation […]

By Providence Ayanfeoluwa   The Nigeria Customs Service, NCS, Seme Area Command, closed 2025 with a record of 117 percent revenue surge, generating a total of N15.6 billion as against N7.2 billion it recorded in 2024. The Command achieved its highest-ever monthly revenue in December 2025 when it generated N3.63 billion.   A statement made available by the […]