Financial markets, banking, economic policy, and business news.
New tax regulations clarify that Nigerians living abroad will not face taxation on foreign-earned income remitted home, while introducing double taxation safeguards for expatriate citizens.
Nigeria's Finance Minister defends the 2026 budget assumptions before lawmakers as the revenue service chairman admits previous budgets failed due to unrealistic projections, raising questions about fiscal credibility.
Nigeria requires N32.2 billion to stock its 30,000 primary healthcare centers with anti-venom supplies, exposing critical gaps in emergency medical infrastructure as snake bite fatalities persist in underserved areas.
Nigeria Sovereign Investment Authority aims to double assets under management to $6 billion while Lagos State positions its proposed Wealth Fund as a model for subnational investment structures.
Nigeria's Senate has warned it may slash the N58.47 trillion 2026 budget, citing unrealistic revenue assumptions and questionable oil production benchmarks, even as the Tinubu administration grapples with unprecedented oil revenues and fiscal discipline challenges.
The Fiscal Responsibility Commission and Economic and Financial Crimes Commission have formalized a strategic partnership to close enforcement gaps in the Fiscal Responsibility Act 2007, marking a significant step toward enhanced fiscal transparency and accountability.
More than 1,000 contributory pensioners in Osun State and retired civil servants in Edo State have issued urgent appeals to their governors over unpaid pension entitlements, exposing the widening financial distress among Nigeria's elderly population.
The Financial Reporting Council of Nigeria has deployed a national digital platform designed to transform sustainability reporting, enhance regulatory enforcement, and attract foreign capital through data-driven oversight mechanisms.
The Kenyan government plans to create a separate regulatory authority for non-Sacco cooperatives, with Cabinet Secretary Wycliffe Oparanya citing operational strain on the existing Sacco Societies Regulatory Authority.
Kenya's Capital Markets Authority has extended the deadline for Kenya Pipeline Company's initial public offering after brokers reported just 20 percent uptake by Tuesday, highlighting challenges in the government's privatization agenda.
The Lagos State Government's implementation of new tax regulations has positioned the construction and real estate sectors at a pivotal moment, with industry stakeholders assessing the implications for business operations and investment flows.
Sarah Njoki and Simon Kabu, the estranged couple behind Bonfire Adventures, are embroiled in a bitter financial dispute involving 48 business phone lines and 1.8 billion Kenyan shillings as their personal separation threatens to unravel one of East Africa's most successful travel enterprises.
Absa Group's pursuit of Kenyan acquisitions signals renewed confidence in pan-African banking integration, while Nigeria's stock market adds N1.7 trillion in value driven by telecommunications heavyweight MTN.
Nigeria takes dual approach to environmental enforcement, piloting West Africa's first regional fishing vessel database while conservation groups prepare World Pangolin Day lecture to address wildlife trafficking pressures.
MTN Nigeria shares surged to an all-time high of N780 per share following investor optimism over the IHS deal, while Dangote Cement made history with Nigeria's first commercial paper listing valued at ₦119.87 billion on the Nigerian Exchange.