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Yemisi Lanre-Idowu

Business

Nigeria’s 2026 Bank Recapitalization: Which Banks Are Safe?

As the March 31, 2026 deadline approaches, Nigeria’s banking sector is entering the decisive phase of the Central Bank of Nigeria’s (CBN) recapitalization programme....

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Nigeria’s New Tax Requirement: Implications For Citizens And Businesses

Nigeria’s Tax Administration Act now requires every taxable person to have a Tax Identification Number (TIN) to operate bank, insurance, pension, or investment accounts....

Yemisi Lanre-Idowu -

Business

Tinubu Nominates New Petroleum Regulators’ CEOs As Farouk Ahmed, Komolafe Exit Office

Farouk Ahmed has resigned as the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) amid corruption allegations levelled against him by...

Yemisi Lanre-Idowu -

Nigeria

Miners Association Of Nigeria Warns Against Mining Suspension

The Miners Association of Nigeria (MAN), the umbrella body for all mineral title holders in the country, has rejected the proposal by the Northern...

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SMEDAN ₦100m Grant: How To Participate

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a ₦100 million funding initiative aimed at creating 100 millionaire entrepreneurs through business grants, training and market opportunities. The initiative forms part of the 2026 GROW Nigerian Conference, scheduled for November 8 to 10 at the...

Why FG Is Giving Nigerians ₦50,000 Grant

The Federal Government has explained why it introduced a ₦50,000 cash grant for vulnerable Nigerians, citing rising food prices, the high cost of essential goods and increasing financial pressure on households. The initiative, known as the National Emergency Relief and Stabilisation Intervention (NERSI), was announced on October 30,...

31 States Spend ₦45bn on Fuel in Six Months: Analysis

Thirty-one Nigerian state governments spent a combined ₦45.04 billion on fuel for official vehicles, plants and electricity generators during the first six months of 2026. The expenditure represents a 14.35 per cent increase from the ₦39.38 billion recorded by the same states during the corresponding period in 2025. The...