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Nigeria’s Foreign Reserves Surge Past $40 Billion – Presidency
Nigeria's foreign exchange reserves have reached $40.159 billion as of August 7, 2025, up considerably from $37.195 billion reported on July 1. The Presidency...
Nigerian Import Costs Set to Rise as Customs Implements New Charges and Licensing Fee Increases
Following the Nigeria Customs Service's decision to restore a four percent Free on Board (FOB) duty and impose a major hike in licensing fees...
Nigeria’s Tax Authority Unveils Digital Invoicing Platform for Big Businesses
Targeted to make tax compliance easier for Nigeria's largest companies, the Federal Inland Revenue Service has unveiled a new electronic invoicing system.
This is...
Record Cash Flow Growth in Nigerian Blue-Chip Firms Indicates Corporate Resilience
Many of Nigeria's premier businesses are demonstrating a remarkable financial recovery after two years characterized by great currency fluctuations, exorbitant financing costs, and devastating...
Nigerian Insurance Stocks Rise As Optimism Among Investors Is Sparked By A New Act
With a stunning 41% growth in one week—its best performance in months—the Nigerian insurance industry has dominated the Nigerian Exchange Limited (NGX).
Huge pricing...
