Business

All the recent business news in Nigeria, economy and industry updates.

No controversy on tax laws, just naysayers making noise — Adedeji

Zacch Adedeji, Executive Chairman, Nigeria Revenue Service, in this interview with Arise TV on Sunday, said the controversies trailing the new tax law

IEI shareholders approve N17.5bn capital raise for recapitalisation plan

Shareholders have approved International Energy Insurance Plc’s plan to raise up to N17.5 billion through various instruments, including private place

Tinubu nominates members for NMDPRA, NUPRC

  President Bola Ahmed Tinubu has written to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstr

Wike promises FCT residents more dividends of democracy in 2026

The Minister of the FCT, Nyesom Wike, has assured residents of the territory that they will witness greater “dividends of democracy” in 2026. Reflecti

Why new tax laws unsettle aviation industry

Controversy over the new tax laws whose implementation started on January 1, 2026 has lingered across the country despite the insistence of the federa