96% of MSMEs Still Lack Access To Funding — Stears Report
Despite the federal government’s N1 trillion loan intervention, Nigeria’s 40 million micro, small, and medium enterprises (MSMEs) remain largely shut...
Tuesday, June 30, 2026
Lead-In
NPA Deploys Electronic Barriers To Curb Lagos Port Diversions
The Nigerian Ports Authority (NPA) has installed Electronic Barrier Systems (EBS) at all terminals in the Lagos port complex in...
Local Airlines To Pay Duty, VAT On Aircraft, Tickets 2026
Local airlines will begin paying import duties and Value Added Tax (VAT) on the importation of commercial aircraft, commercial aircraft...
Federal Government Scraps 5% Telecom Tax To Ease Subscriber Burden
The federal government has scrapped the 5 per cent excise duty on telecommunications services, reversing a controversial policy that had...
Stop Motor Park Touts Now, Nigerians Tell Government
Commercial drivers and commuters across Nigeria have raised concerns over what they describe as rising extortion by touts, popularly known...
Nigeria, China Strengthen Ties On Maritime Sector Development
The Nigerian government and the People’s Republic of China have agreed to partner on projects and polices for the development...
PenCom Issues New Pension Fund Reporting Rules
The National Pension Commission (PenCom) has introduced new guidelines to standardise the methodology for calculating and reporting investment performance across...
Capital Market Switches To 2-day Settlement Nov 8
Nigeria’s capital market will migrate to a two-day (T+2) settlement cycle from November 8, following approval by the Securities and...
Aged Fleet, Poor Infrastructure Raise Aircraft Insurance Premium In Nigeria
Insurance premiums paid on indigenous aircraft by operators in Nigeria are eight times higher than what foreign airlines pay to...
Nigeria Loses Billions As Seaports Remain Cut Off From Rail Network Cargo Bypasses Rail For Congested Roads
Nigeria is losing billions of naira annually as most of its seaports remain disconnected from the national railway system, forcing...
