Business & Economy - Page 23

By Mike Cerutti ” If you don’t manage your money, your money will manage you.” That opening truth set the tone for a timely financial literacy workshop recently convened by UBA Foundation in partnership with Slum2School Africa. The session gathered students, young

The Nigeria Revenue Service (NRS) says the introduction of electronic invoicing will improve tax compliance, reduce revenue leakages and enhance transparency in tax administration. Mr Mohammed Bawa, Project Leader of the NRS E-Invoicing Project, said this at the DigiTax E-Invoicing Compliance Breakfast

The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Bashir Adeniyi, has revealed that the Federal Government granted a staggering N34 trillion in Import Duty Exemption Certificate (IDEC) approvals on selected imported goods and equipment in 2025. ​Speaking on Monday, July 13,

The Nigerian equities market opened the week on a negative note on Monday, with investors losing N1.315 trillion as profit-taking in large- and mid-capitalised stocks dragged prices lower. As a result, the market capitalisation declined by 0.84 per cent, falling from N156.444

Oil prices surged over 4% on Monday as energy shipments via ​the Strait of Hormuz remained under threat, with the U.S. and ‌Iran announcing renewed military strikes. Brent crude futures climbed $3.10, or 4.08%, to $79.11 by 0325 GMT, while U.S. West

Nestlé Nigeria has renewed its commitment to building sustainable ecosystems that empower young Nigerians to transform their innovative ideas into viable businesses. ​The consumer goods giant made the pledge during the National Youth Entrepreneurship and Empowerment Summit (YEEP 2026), which took place

Oilserv Limited has commenced work on the shallow-water section of the Nigeria Liquefied Natural Gas (NLNG) Gas Transmission System (GTS-1) expansion project aimed at strengthening supply infrastructure to Bonny Island liquefaction plant. The Managing Director, Oilserv Limited, Dr Kenechukwu Nwangwu, disclosed this

By Richard Benjamin Lagos, Nigeria’s food service industry was valued at $11.09 billion in 2025, with the rapid adoption of digital payment systems driving growth across the sector, according to a new study by fintech company Moniepoint. The report projects that the

The Nigeria Revenue Service (NRS), DigiTax and other technical partners have intensified support for businesses adopting the country’s e- invoicing framework. This is according to a statement by DigiTax Nigeria on Friday in Lagos. The compliance requirements have taken effect for large