News
Nigeria’s Crude Oil Prices Surge Amid Middle East Tensions
Nigeria, Africa’s leading oil producer, spent a staggering N1.19 trillion importing crude oil in the first quarter of 2025, exposing...
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Nigeria Launches Third Sovereign Green Bond to Raise ₦50 Billion for Climate and Infrastructure Projects
The federal government, through the Debt Management Office (DMO), has announced the issuance of its third Sovereign Green Bond, seeking...
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Interswitch Launches PensionRemit to Simplify Employer Compliance with New Pension Remittance Rules
Interswitch has unveiled PensionRemit, a fully automated digital platform aimed at helping employers comply with Nigeria’s recently introduced Pension Contribution...
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Nigeria Slashes Solar Panel Imports by 89% as Local Production Surges
Nigeria’s importation of solar panels plunged by 89% in the first quarter of 2025, signaling a major policy shift toward...
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Tier 5 Technologies, MongoDB Partner to Drive Africa’s $100 Billion Digital Economy
Enterprise IT and cloud services provider Tier 5 Technologies has entered into a strategic partnership with MongoDB to unlock Africa’s...
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FCCPC Summons Air Peace Over Unrefunded Fares, Cancelled Flights
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has summoned the management of Air Peace following growing complaints from passengers...
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SEC Collaborates with Developers to Craft Stablecoin Rules, Launches National Crypto Literacy Campaign
The Securities and Exchange Commission (SEC) has begun working with blockchain developers to co-create a regulatory framework for stablecoins in...
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FIRS Extends Tax Office Operations to Weekends in June to Ease Companies’ Filing Process
The Federal Inland Revenue Service (FIRS) has extended the working hours of all tax offices across Nigeria to include weekends...
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Firm Opposes Steep Hike in Sugary Drink Tax, Cites Economic Risks and Data Gaps
ThinkBusiness Africa has pushed back against calls to increase Nigeria’s sugar-sweetened beverage (SSB) tax, warning that the proposed hike could...
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Meta Launches WhatsApp Monetization Features, Set for Global Rollout
Meta has announced major changes to WhatsApp’s Updates tab, introducing three new features aimed at helping creators, organizations, and businesses...
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