A new chapter dawned quietly but decisively for one of Nigeria’s leading commercial banks. Fidelity Bank Plc ushered in 2026… Read More: Amaka Onwughalu Steps In as Board Chair, Succeeding Mustafa Chike-Obi

KlasJet provides Air Peace with a dual-class Boeing 737-800 ACMI lease to enhance capacity and support regional growth in West Africa.

AI adoption in Nigeria is transforming key industries, driving innovation & shaping the nation’s digital future, along with the challenges...

A Turning Point for Nigeria’s Housing Shortage Nigeria’s housing deficit has remained one of the country’s most persistent social and economic challenges, leaving millions without access to affordable and decent shelter. The recent seizure of 753 properties linked to former Central Bank of Nigeria (CBN) Governor Godwin Emefiele has now opened a new and unexpected policy debate. Real estate professionals believe this moment could become a practical intervention in solving part of the housing problem, if handled transparently and with public interest as the core priority.

An event to showcase and establish “Ofe Owerri” and drinks, a local cuisine, as a viable component of Nigeria’s tourism and creative economy while supporting the local food value chain and strengthening Owerri’s profile as a hospitality destination will be held in Owerri, the Imo State capital. Convenor and Executive Director of the International Hospitality Tourism and Eco-Sustainability Forum (IHTEF), Chibuikem Diala, said in a release made available to BusinessDay in Owerri.

Nigeria’s equities market opened 2026 on a positive note, pushing market capitalisation close to the N100 trillion mark The rally was driven by renewed buying interest and optimism after a strong 2025 performance, despite holiday-thinned trading FTN Cocoa, Deap Capital and ABC Transport led the gainers, while Abbey Mortgage Bank and FCMB declined Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends. Nigeria’s equities market began 2026 on a positive footing as renewed buying interest lifted market capitalisation close to the N100 trillion milestone on the first trading day of the year.

During his tenure as Nigeria's Finance Minister, Kemi Adeosun oversaw the recovery of over N554.047 billion through key fiscal transparency initiatives, including the Whistleblower Policy, the Treasury Single Account (TSA) and the Bank Verification Number (BVN) policy, reforms widely considered to have redefined Nigeria's economic governance framework. In this report, Adeosun reflects on his personal difficulties in public office, how he was ultimately vindicated by the courts, and his enduring commitment to social impact, philanthropy and nation building beyond government service.

It's a new year, and looking back shows how much our relationship with food has changed. Not just what we eat, but how we get it, who we trust to teach us how to cook it, and whether it's worth posting about before we eat it for the first time. Some of these trends made sense. Some were really good. Some were downright fashionable.

Nigeria's decision to counter terrorism through a targeted joint security operation with the United States is being read in financial and diplomatic circles as more than a military action. It is a signal to markets, partners and investors that Africa's largest economy is aligning security, recovery and global cooperation to boost economic growth and restore confidence. The Christmas Day operation in Sokoto conducted by Nigerian forces with US support was precise and intelligence led, aimed solely at terrorist elements who have disrupted communities and economic activities in parts of the country.

Nigeria's Super Eagles camp has been dealt a major injury blow as Panathinaikos forward Cyriel Dessers has been ruled out of the 2025 Africa Cup of Nations (AFCON) in Morocco due to a thigh injury he sustained during training. The development comes just days before Nigeria's round of 16 clash against Mozambique on Monday, January 5 in Fes. Super Eagles media officer Promise Ifoghe confirmed the injury in a statement on Friday, revealing that the 31-year-old attacker is back at his club in Greece.

A governorship aspirant of the Peoples Democratic Party (PDP) in Oyo State, Ambassador Olufemi Ajadi Oguntoyinbo, has emphasised that Nigeria’s leadership in 2027 will be determined by the will of the people, not by the advantage of incumbency. Ajadi was reacting to reports by an online TV, concerning remarks allegedly made by President Bola Ahmed Tinubu about the 2027 presidential election. The platform had reported that President Tinubu boasted that no opposition can remove him. Olufemi Ajadi cautions President Bola Tinubu about the 2027 election Photo Credit: @officialABAT

Companies and statutory bodies that award contracts to unregistered persons will face a N5 million administrative penalty under Nigeria’s tax law. According to the provisions of the Nigeria Tax Administration Act, a taxable person who fails or refuses to register for tax will be liable to a penalty of N50,000 in the first month of default and N25,000 for each subsequent month the failure continues.

Introduction: A Structural Shift in Nigeria’s Tax System Nigeria is preparing for one of its most significant tax administration reforms in decades. Beginning January 1, 2026, the federal government will activate a nationwide Tax Identification (ID) Portal designed to unify taxpayer records, simplify compliance, and modernise revenue administration. The initiative, announced by the Joint Revenue Board (JRB), is positioned as a foundational tool for the country’s broader tax reforms, aiming to replace fragmented systems with a single, verifiable taxpayer identity for individuals and businesses across Nigeria.

Nigeria's equity market opened the year 2026 on a positive note as the market capitalization neared the N100 trillion mark. The NGX All-Share Index (ASI) rose 0.57 per cent to 156,492.40 or 879.40 points on Friday, the first trading day of January 2026, while the market capitalization increased to N99.9 trillion. Nigerian stocks got off to a positive start to 2026 with lighter trading due to holidays as investors set a one-year time frame to test investors' reactions to Nigeria's new tax laws, which came into effect on January 1.

Parents of kidnapped children know where the bandits hide out, but are too scared to inform the authorities.

🕯️ On This Day in LGBTQ+ History: January 2 ⚠️ January 2, 2014: Nigeria’s sweeping anti LGBTQ+ law moves toward enforcement, triggering global alarm As the world entered 2014, LGBTQ+ communities in ...

Nigeria’s tax reforms, which took effect January 1, 2026, exempt 97% of small and medium-sized enterprises (SMEs) with turnover below N50 million from corporate income tax, VAT registration, and withholding tax. This followed months of resistance and public debate. Many...

[International Committee on Nigeria (ICON), is a multi-stakeholder nonprofit / NGO working to secure a future for all Nigerians, where rule-of-law, justice, religious freedom and constitutional rig…