Nigeria Governors’ Forum Backs Tax Reform, Proposes Revised VAT Sharing Formula
The Nigeria Governors’ Forum (NGF) has endorsed a new Value Added Tax (VAT) sharing formula, aiming to ensure fair distribution...
Prosper Africa and Afreximbank Sign Partnership to Strengthen Trade Ties Between the U.S. and Africa
Prosper Africa and the African Export-Import Bank (Afreximbank) have entered into a strategic partnership to enhance trade and investment between...
60% of Manufacturers in North-East Shutdown Due to Unfavorable Business Environment – MAN
Stakeholders have called for improved data collection and targeted policies to integrate Nigeria’s informal sector into economic planning, while also...
SMEDAN Calls for Leveraging of Lagos’ 50 Million Informal Businesses
Dr. Olubunmi Kole-Dawodu, State Manager for the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), revealed that Lagos is...
World Bank Sets Terms for African Nations to Access $40 Billion in Power Finance
The World Bank and African Development Bank (AfDB) have announced a $40 billion financing initiative to address Africa’s electricity deficit...
Dangote Refinery Petrol Production Affecting European Markets – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted the significant impact of Nigeria’s Dangote Petroleum Refinery on global...
Kenyan Banks and Safaricom Claim Central Bank’s New Payment System May Cost $200M
Safaricom and Kenyan commercial banks have raised concerns about the Central Bank of Kenya’s (CBK) proposed Fast Payment System (FPS),...
Nigeria Launches NIN-Linked Farmer Registry and G2P Card to Boost Food Security
The Federal Ministry of Agriculture and Food Security (FMAFS), in partnership with the National Identity Management Commission (NIMC), has introduced...
Nigerian Government Proposes 30-60% Telecom Tariff Hike
The federal government has proposed a 30-60% increase in telecom tariffs to ensure the sustainability of Nigeria's telecommunications sector while...
Katsina State Targets Non-Oil Export with Strategic Workshop for SMEs
Katsina State is intensifying efforts to strengthen Nigeria’s non-oil export market by empowering businesses and boosting economic diversification. Governor Dikko...
