Business News
Nigerian Meter Makers Win Court Order Blocking 1.55m Smart Meter Imports
LAGOS — Nigerian meter manufacturers have secured a court injunction halting the importation of 1.55 million smart meters, a ruling that puts a major World Bank-backed electrification program in jeopardy.…
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Liberia-Nigeria Trade Forum Set for June 15 in Lagos to Unlock Ties
LAGOS — The inaugural Liberia-Nigeria Trade and Investment Forum 2026 is set to hold on…
Mexico vs South Africa Opens 2026 World Cup at the Iconic Azteca
Sixteen years after they last met on this stage, Mexico and South Africa do it…
FG Defends 3yrs of Tinubu at Democracy Day Press Conference
The federal government used its 2026 Democracy Day press conference to mount a comprehensive defence…
Nigeria Commits $588.9M to Science, Technology and Innovation in 2026 Budget
Nigeria has committed a total of N838.67 billion to science, technology and innovation in the…
Lasted Business News
Naira Holds Near N1,375 as Meter Makers Win Key Court Injunction
LAGOS — The Nigerian naira traded near N1,375 to the dollar in the official market as the week closed, according…
Nigeria Faces N13Trn Revenue Risk as Strait of Hormuz Reopens
Nigeria faces a potential revenue shock of up to N13 trillion in the remaining months of 2026 as the reopening…
Why Large Businesses and Multinationals Must Pay Their Fair Share of Taxes
By Bello Abdul'Azeez Every society that aspires to develop must answer one basic question: who pays for development? Roads,…
New Minister Taiwo Oyedele Signals Shift in Nigeria’s Fiscal Policy
The appointment of Taiwo Oyedele as Nigeria's new Finance Minister has been widely interpreted by economists, tax practitioners, and financial…
FAAC Shares N2.3Trn May Revenue as Statutory Earnings Rise
The Federation Account Allocation Committee distributed a total of N2.300 trillion from May 2026 revenue to the Federal Government, state…
Naira Holds Ground as Reserves Hit Best Level Since 2009
LAGOS — Nigeria's currency held relatively steady this week even as the naira traded around 1,410 to the dollar in…
Nigeria Foreign Reserves Hit 51 Billion Dollars, Highest in 17 Years
ABUJA — Nigeria's foreign exchange reserves rose to 51.04 billion dollars this week, the highest level in 17 years, according…
Naira Weakens As Dollar Demand Keeps Pressure On Markets
Nigerian businesses are facing renewed pressure as dollar demand keeps the exchange market under strain. The naira traded around N1,405…
