Recapitalisation: Labour Ministry charges banks to protect workers
By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
Nigeria’s packaging industry hits $2.5bn
By Providence Ayanfeoluwa Nigeria manufacturing sector has been described as a crucial industry, as recent data has shown the nation’s packaging market stood at N2.5billion George Pearson, Regional Director, Montgomery Group, who stated this at the ongoing 12th edition of Propak West Africa (the premier trade event for packaging, plastics, printing, and processing in the region) […]
Sterling HoldCo projects strong year-end performance
Sterling Financial Holdings Company Plc (Sterling HoldCo) says it is on track to sustain its growth momentum into the final quarter of 2025, projecting gross earnings of ₦149.27 billion for the period ending December 31.
No immediate plan to implement 5% fuel tax —Edun
•Oyedele defends 5% fuel surcharge, says not to burden Nigerians •FG gazettes tax reform laws, implementation to begin January 2026 By Emma Ujah, Abuja Bureau Chief The Federal Government has no immediate plan to implement the 5 percent Petroleum Products Tax as contained in the Tax Administration Act, 2025. The Minister of Finance and Coordinating Minister […]
CSCS, regulators, operators rally to execute T+2 settlements in November
By Peter Egwuatu The Central Securities Clearing System (CSCS) Plc, Nigeria’s premier clearing and settlement house, has received strong backing from capital market regulators and operators for its transition to a T+2 settlement cycle, scheduled to commence on 28th November 2025. This move marks a significant milestone in advancing efficiency, risk mitigation, and global competitiveness […]
Energy Transition: NEITI tasks CSOs on tracking govts, companies’ commitments
By Obas Esiedesa, Abuja The Nigeria Extractive industries Transparency Initiative (NEITI) has urged civil society organisations (CSOs) to take a leading role in holding governments and companies accountable for their energy transition commitments. Executive Secretary of NEITI, Dr. Orji Ogbonnaya Orji, made the call in Abuja during a courtesy visit to the Executive Director of the […]
