News

The IMF maintained Nigeria’s 2026 growth forecast at 4.1 percent, citing resilience despite global uncertainty and the impact of the Middle East conflict. Nigeria’s economy expanded by 3.89 percent in Q1 2026, but growth remains concentrated in sectors...

Final Air Peace flight to evacuate 315 Nigerians from Johannesburg, ending the Federal Government's emergency repatriation exercise. Five evacuation flights returned 1,400 Nigerians following renewed xenophobic attacks and security concerns in South Africa. FG reaffirms commitment to protecting...

Nigeria's newly signed Double Taxation Agreement with Hong Kong could significantly improve the country's attractiveness to international investors by eliminating the risk of double taxation on cross-border income. The treaty provides greater tax certainty, lowers compliance costs and...

Tinubu appoints Eyitope Kola-Oyeneyin and Muhammad Hadi Mutallab as chairpersons of the governing boards of NIPC and NEPZA. The federal government describes the appointments as non-political, saying they are aimed at strengthening institutional governance and strategic oversight. Kola-Oyeneyin...

July 14, (THEWILL) — The Akwa Ibom State House of Assembly (AKHA) Committee on Local Government and Chieftaincy Affairs has expressed satisfaction with projects executed by the Itu Local Government Council, commending the council's management for accountability in the...

Deputy U.S. Marshal fatally shot during operation to arrest wanted fugitive in Louisiana. Suspect taken into custody as FBI leads murder investigation into deadly shooting. Authorities say the incident occurred during a joint U.S. Marshals Violent Offender Task...

NGX sheds ₦1.32 trillion as profit-taking in BUA Cement and PZ Cussons drags the market lower. Market breadth weakens with 42 decliners outweighing 19 gainers, signalling broad-based selling pressure. July 14, (THEWILL) — The Nigerian stock market opened the...

Dangote Refinery has ended naira-denominated sales of petrol, diesel and aviation fuel, introducing a new dollar-based pricing template for marketers purchasing refined products. The switch reflects a growing mismatch between dollar-priced crude purchases and naira-priced product sales, with...

Supreme Court orders lawyers to upload all case documents for appeals and motions slated between September and December 2026. Counsel must comply through the Nigerian Case Management System (NCMS) at least 30 days before their hearing dates. Directive...

Nigeria and Hong Kong have signed a landmark Taxation Agreement to eliminate multiple taxation on cross-border income. to boost investor confidence The agreement is designed to attract more foreign direct investment and also remove tax-related barriers that often...