Business

The Nigerian stock market extended its upward movement last week, delivering strong gains to investors despite the slowdown in trading activities associated with the Yuletide season. Market data indicates that total investor wealth increased by approximately N1.67 trillion over the period, underscoring sustained confidence in the equities market and renewed appetite for stocks with solid […]

As Nigeria moves closer to the implementation of a new tax framework scheduled to take effect in January 2026, companies currently operating under the pioneer status incentive scheme have been assured continued relief. The Federal Government has confirmed that the 149 firms presently enjoying pioneer status will receive an extension of their tax holidays for

Nigeria’s export activities within the sub-region have remained a major driver of the trade surge. Manufactured products such as cement, processed foods, plastics, and household items continue to find strong markets in neighbouring countries. In addition, agricultural exports, including grains, tubers, and processed food items, have benefited from rising demand across West Africa, where population

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised its members nationwide to obtain Premium Motor Spirit (PMS) from the Dangote Petroleum Refinery, citing expectations that the refinery’s supply and pricing framework will help moderate petrol prices across the country. According to the association, sourcing fuel locally from the Dangote facility is expected to

Nigeria has recorded a significant increase in local fish production, with the National Bureau of Statistics (NBS) reporting that output has risen to 1.4 million tonnes in the latest assessment period. This development highlights the country’s growing capacity to meet domestic fish demand and reduce reliance on imports, while also signaling progress in the agricultural