By Yinka Kolawole The federal government has stopped receiving applications for the Pioneer Status Incentive (PSI) with effect from November 10, 2025, which implies that corporate organisations will no longer enjoy three-year tax-free incentives for new businesses. The Nigerian Investment Promotion Commission (NIPC) said the move is part of preparations for the full transition to the new […]

By Peter Egwuatu  The Chartered Institute of stockbrokers (CIS) has issued a comprehensive set of recommendations aimed at fast-tracking the modernisation and growth of Nigeria’s capital market.   At the Institute’s 29th Annual Stockbrokers’ Conference held in Abuja, participants emphasised that decisive reforms were essential for positioning the market as a catalyst for national economic transformation. In […]

By Godwin Oritse The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has said that effective Port State Control (PSC) is one of the most potent tools of ensuring global safety and maintenance of environmental standards in shipping. Mobereola who said this at a 5-day Regional Train the Trainer Workshop […]

Peter Egwuatu Barring unforeseen circumstance, the Securities and Exchange Commission (SEC) will officially transition to a T+2 settlement cycle for equities transactions from Friday, November 28, 2025, in a move designed to align with global best practices and enhance market efficiency. The commission disclosed this in a statement, noting that the transition from the current T+3 […]

By Babajide Komolafe The Federal Inland Revenue Service (FIRS) has refuted recent allegations concerning the appointment of Xpress Payments as part of the national revenue collection system, describing the claims as inaccurate and capable of politicising a strictly administrative process. In a statement, signed by Arabinrin Aderonke Atoyebi, Technical Assistant on Broadcast Media to the Executive Chairman […]