November 15, 2025
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Nigeria’s New Tax Reality: What You Need to Know

By The Insight Team 134
By Emmanuel Kwada  From January 1, 2026, four new tax reform laws signed by President Bola Tinubu will introduce 50 exemptions, deductions, and reliefs aimed at easing the burden on low- and middle-income earners, small businesses, and vulnerable sectors. The government presents these changes as a pro-poor overhaul of a fragmented system. Critics, however, argue […]Continue Reading
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Weekly Roundup: Tinubu Orders Food Price Reduction, Ex-NNPCL Boss in EFCC Net, 166 Lives Lost to Insecurity, Crashes, Floods, Others

By The Insight Team 293
By The Insight Team Nigeria’s week in review reveals a harrowing toll: President Tinubu orders swift measures to curb soaring food prices amid economic strain, a former NNPCL boss, Mele Kyari, was arrested by the EFCC over refinery probe, and over 166 lives claimed by rampant insecurity, deadly accidents, devastating floods. Senator Natasha stays suspended, […]Continue Reading
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Banking Business Economy News

‎Nigeria’s Capital Inflow Plummets 51.9% in Q3 2023 Despite Year-on-Year Growth, NBS Reports

By The Insight Team 354
By Emmanuel Kwada ‎Nigeria’s capital importation took a sharp downturn in the third quarter of 2024, dropping by 51.90% to $1.25 billion from $2.60 billion in Q2 2024, according to the latest report from the National Bureau of Statistics (NBS). ‎Despite this quarterly decline, the $1,252.66 million recorded in Q3 2024 reflects a robust 91.35% […]Continue Reading
Banking Business

Retail, Hospitality, Food Industries Top the List as Lagos Records N6.3 Trillion in PoS Transactions in 2024

By The Insight Team 612
By Emmanuel Kwada The Nigerian economy has witnessed a significant surge in Point of Sales (PoS) transactions in 2024, with the total value of transactions reaching an all-time high of N18 trillion. This represents a 69% increase compared to the N10.7 trillion recorded in 2023. The data, obtained from the Nigeria Inter-Bank Settlement System (NIBSS), […]Continue Reading
Banking Business News Top Story

Youth empowerment: 10 key points public needs to know about FG approved N110bn

By The Insight Team 559
By Emmanuel Kwada The Federal Government through the Ministry of Youth Development has re-opened applications for the Nigeria Youth Investment Fund (NYIF) programme.  The Ministry of Youth Development announced this in a post on the ministry’s official X handle where it posted a link to the application. ” Call for application for Nigeria youth investment […]Continue Reading
Banking Business Investigations Top Story Travel

Corporate Affairs Commission to Delist Chisco Transport Nig Ltd, 10,000 others

By The Insight Team 713
By Emmanuel Kwada The Corporate Affairs Commission (CAC) is set to delist over 10,000 companies, including Chisco Transport Nig Ltd, that have failed to file their annual returns for the past decade. The Commission announced in a statement on Wednesday that it had published the list of affected companies on its website, warning that it […]Continue Reading
Banking Business News

Nigeria fines Meta $220m over alleged discriminatory practices

By The Insight Team 562 Post a comment
By Emmanuel Kwada The Federal Competition and Consumer Protection Commission has imposed a $220m penalty on Meta Platforms Incorporated over alleged discriminatory practices against Nigerian data and consumers. According to a statement signed by the Acting Chief Executive Officer of FCCPC, Dr. Adamu Abdullahi, on Friday, the penalty follows a joint investigation by the Continue Reading
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See how Samoa Agreement will boost trade between EU and Nigeria

By The Insight Team 808
Key points: 78 countries, not only Nigeria, signed the EU-ACP Samoa Agreement EU financial support is worth 79.5 billion Euro Nigeria to export goods to EU now More EU investments expected in Nigeria EU to follow-up the agreement with training activities By Emmanuel Kwada The Samoa Agreement, signed between the European Union and 48 African, […]Continue Reading
Banking News

‘Withdraw regulations on customers’ social media handles or face legal action’, SERAP tells CBN

By The Insight Team 348
  Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Folashodun Shonubi, Acting Governor, Central Bank of Nigeria (CBN) to “immediately delete the patently unlawful provisions in the Central Bank of Nigeria (Customer Due Diligence) Regulations directing banks to obtain information on customers’ social media handles for the purpose of Continue Reading
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