Business

Tax filing mistakes remain a major problem in Nigeria, with many individuals and businesses still facing avoidable penalties because of errors in their returns.  Even with ongoing reforms and the growth of digital filing systems, poor tax knowledge and weak record-keeping continue to expose taxpayers to compliance risks, especially among…

Every year, billions of dollars flow from the World Bank to some of the poorest and most vulnerable nations on earth, funding schools, roads, hospitals, clean water systems, and climate resilience programmes that governments could not otherwise afford. Yet despite being one of the most consequential financial institutions in human…

In a significant enforcement action aimed at improving market integrity, the Nigerian Exchange Regulation Limited (NGX RegCo) has sanctioned five major stockbroking firms for engaging in banned trading activities. These include market manipulation and price distortion. The regulatory sanctions was announced in a notification dated March 27, 2026. It followed…

UAC Foods Plc posted a 39 percent decline in profit for the 2025 financial year, even though the company recorded a sharp rise in revenue during the same period. According to its audited financial statements for the year ended December 31, 2025, profit fell to N9.91 billion from N16.31 billion…

Across markets in Lagos, Kano, Port Harcourt, and other areas, traders and consumers share a common complaint: prices are rising faster than incomes. From food staples to transportation, the prices of things keep rising in Nigerian markets. They have increased sharply since 2023 and continues into 2026. This explainer outlines…