KPMG Warns New Tax Law Ambiguities May Hurt Investment
Professional services firm, KPMG, has raised concerns that ambiguities and inconsistencies in Nigeria’s newly enacted tax laws could discourage investment, fuel disputes with tax authorities and trigger capital flight if…
Calls Grow Within APC for Wike’s Removal from FCT Office
Pressure is mounting within the All Progressives Congress (APC) as party groups intensify calls for the removal of the Minister of the Federal Capital Territory (FCT), Nyesom Wike, citing…
Trump Orders U.S. Exit From 66 Global Bodies, Signals Shift in Foreign Policy
The United States has begun a sweeping withdrawal from dozens of international organisations following a directive issued by President Donald Trump, marking one of the most significant shifts in U.S.…
Trump Proposal to Bar Institutional Buyers Sends Shockwaves Through Housing Market
The global real estate market reacted sharply on Wednesday following a policy signal from United States President Donald Trump indicating plans to restrict large institutional investors from purchasing single-family homes…
Naira Slides to ₦1,490/$ as FX Gap Widens
The naira weakened further against the United States dollar on Wednesday, reflecting continued pressure across both the official and parallel foreign exchange markets. At the parallel market, the local currency…
Cement Stocks Surge as Investor Confidence Lifts Market to ₦20.97tn
Nigeria’s cement sector closed 2025 as one of the strongest performers on the Nigerian Exchange, buoyed by sustained investor interest in industrial stocks despite economic headwinds. Market data from the…
What 2026 Holds for Nigeria’s Real Estate Market
Nigeria’s real estate market is entering 2026 at a defining moment, shaped by rapid population growth, sustained urban migration and a slowly stabilising macroeconomic environment. With the country’s population projected…
Court Orders Interim Forfeiture of 57 Properties Linked to Ex-AGF Malami, Sons
A Federal High Court in Abuja has ordered the interim forfeiture of 57 properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), and…
NiMet Warns of Three Days of Haze, Limited Sunshine Nationwide
The Nigerian Meteorological Agency (NiMet) has issued a weather advisory predicting three days of haze and intermittent sunshine across Nigeria, beginning Wednesday, January 7, through Friday. In its latest outlook,…
US to Introduce Visa Bond of Up to $15,000 for Nigerian Travellers
The United States government is set to introduce a new visa bond requirement that could see Nigerian applicants for B1/B2 (business and tourism) visas asked to deposit up to…