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Nigeria’s New Tax Regime Spares Bank Balances, says CITN

Nigeria’s new tax regime does not tax bank balances, applying only limited stamp duty on transfers while expanding protections for low-income earners, officials say.
News

US Will Require Nigerians to Post Visa Bonds

The US plans to require some Nigerian B1/B2 visa applicants to post bonds of up to $15,000 under new travel restrictions starting 2026.

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Business

Iwosan Investments Expands With Paelon Hospital Acquisition

Iwosan Investments strengthens healthcare in Nigeria with its acquisition of Paelon Memorial Hospital, expanding its network and boosting specialized patient care.
Business

Tiger Brands to Sell Cameroon Unit in $76 Million Deal

Tiger Brands announces Cameroon exit with $76 million Chococam sale, streamlining international operations to prioritize domestic growth and shareholder value.
Business

Zenith Bank Moves to Acquire Kenya’s Paramount Bank

Zenith Bank advances its East Africa expansion with a planned acquisition of Kenya’s Paramount Bank amid rising regulatory pressures on smaller lenders.
Business

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian...
Business

Nigeria Seeks $150 Billion to Boost Vaccine Procurement for 2026

KEY POINTS Nigeria plans to raise nearly $150 billion for vaccine procurement in 2025...
Business

Access Awards Shares to 689 Employees Under Incentive Plan

Access Holdings has vested shares to 689 employees under its Restricted Share Performance Plan to strengthen retention and reward performance.
Business

Nigeria’s $3 Billion Palm Oil Market Races Toward Self-Sufficiency

Nigeria’s palm oil market is undergoing a revival as domestic producers and agritech drive a race toward self-sufficiency, value chain prominence.
Business

Air Peace Breaks Leasing Barrier With New Boeing 737-NG

Air Peace makes history with a new Boeing 737-NG dry lease, boosting Nigeria’s aviation growth and restoring industry confidence.
Business

Dangote Refinery Cuts Petrol Price to ₦828 per Litre

Dangote Refinery cuts petrol price to ₦828 per litre under a new NNPC crude deal, easing costs for marketers and consumers.
Business

Helios Plans Full Exit From Nigeria’s Axxela After Nearly a Decade

Helios Investment Partners plans to sell its stake in Axxela, marking a strategic exit from Nigeria’s gas infrastructure space after nearly a decade.
Business

Siatech Africa Builds Liberia’s First Fully Solar-Powered City

Siatech Africa, led by Olanrewaju Olaniyan, delivers Liberia’s first solar-powered city—uniting clean energy, technology, and community empowerment across West Africa.
Business

Oando Expands Into Mining Amid Global Lithium Boom

Oando Mining expands lithium exploration push as Wale Tinubu steers Oando Plc beyond oil into new frontiers of Nigeria’s mineral and energy landscape.
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Business

Nigeria’s New Tax Regime Spares Bank Balances, says CITN

Nigeria’s new tax regime does not tax bank balances, applying only limited stamp duty on transfers while expanding protections for low-income earners, officials say.
News

US Will Require Nigerians to Post Visa Bonds

The US plans to require some Nigerian B1/B2 visa applicants to post bonds of up to $15,000 under new travel restrictions starting 2026.
News

Nigerian Court Grants Malami, Family ₦500 Million Bail

A Nigerian federal court granted Abdulaziz Malami and his family ₦500 million bail each, imposing strict conditions ahead of a February corruption trial.
Business

AA Rano Unveils Nigeria’s First Unmanned Fuel Stations

AA Rano is introducing Nigeria’s first automated fuel stations, enabling 24-hour self-service fueling and digital payments through locally developed technology.

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