News
Tax Ombud details plan to rebuild taxpayer trust
Nigeria’s first Tax Ombud rolls out a digital complaint system and international partnerships to repair citizens’ fractured confidence in the country’s revenue agencies.
Articles by Tobi Opeyemi Amure
News
Airtel Nigeria’s revenue soars 50% as naira rallies
Airtel posted a blockbuster Nigerian quarter, but a closer look at the numbers reveals a tug-of-war between organic growth and a currency windfall.
News
NCR Nigeria crashes 10% after rally from penny stock lows
NCR Nigeria’s nearly 8,000% rally from its all-time low hit a sharp reversal, and the volume behind the crash raises uncomfortable questions.
News
Dangote Cement wins nod for London listing at 17th AGM
Dangote Cement cleared a critical shareholder hurdle for a London Stock Exchange listing while delivering its biggest dividend payout ever.
News
Universal Insurance stumbles into ₦2.2bn Q1 loss
Universal Insurance posted a ₦2.2 billion loss in Q1 2026 after oil and gas claims erupted, wiping out a 40% jump in gross premiums and flipping a profitable quarter into a painful miss.
News
Skyway Aviation hits 52-week high then crashes 10%
Skyway Aviation shares touched a record peak before reversing sharply, raising questions about the stock’s valuation after a 152% rally.
Taxes
FIRS vs NRS — what the new Nigeria Revenue Service means for taxpayers
The old FIRS name is gone, replaced by a bigger mandate, a new digital portal, and expanded enforcement powers under the Nigeria Revenue Service.
News
Nigeria taps $1.5bn from $5bn UAE deal IMF flagged
Nigeria pulled $1.5 billion from a $5 billion derivatives deal with the UAE’s largest lender, ignoring warnings from the IMF, Fitch, and Moody’s about the risks involved.
Personal Finance
Nigeria Tax Act 2025 explained: every change that takes effect in 2026
Every major change in the Nigeria Tax Act 2025 explained, from income tax relief for low earners to new compliance rules reshaping obligations across the board.
News
Flutterwave puts Nigeria at the centre of a $3.2B bet
Ripple’s equity investment positions Nigeria’s largest fintech at the center of a stablecoin-powered cross-border payment corridor across Africa.
News
Elon Musk’s $60B Cursor deal puts Nigerian devs on notice
The SpaceX-Cursor merger raises hard questions about AI tool access for the hundreds of Nigerian developers who built workflows around the code editor.
News
UK stakes £10m on Nigeria’s non-oil future
Nigeria has spent decades promising to reduce its dependence on oil revenue, and nearly every administration has pledged diversification.
Financial News/Updates
First HoldCo moves 100,000 shares without budging
Something unusual happened to First HoldCo Plc on the Nigerian Exchange on June 10, 2026, and it had nothing to do with a crash or a rally.
Financial News/Updates
Naira breaks below ₦1,360 as CBN reserves near $50b
On June 4, 2026, the naira settled at N1,359.75 per dollar at the official Nigerian Foreign Exchange Market window.
News
CBN faces tough call as MPC meets amid rising inflation
For eleven straight months, Nigeria’s inflation moved in the direction borrowers and business owners wanted: downward.
News
FUGAZ banks set aside N153bn for Q1 loan losses
Nigeria’s five biggest tier-one lenders just released their first quarter 2026 financial statements, and the impairment numbers tell a striking story. Combined provisions on customer loans across First HoldCo, United Bank for Africa, Guaranty Trust, Access Holdings, and Zenith reached roughly N153 billion in the period. That figure runs about 36% above what the same […]
Personal Finance
Why Freelancers Need a Different Retirement Strategy Than W-2 Workers
The number of freelance employees reached 20 million Americans in 2024, and this group contributes about $1.5 trillion to the U.S. economy. However, these non-employed workers have a retirement savings crisis that conventional financial planning cannot resolve. While W-2 employees enjoy automatic payroll deductions and employer matching contributions, freelancers confront a stark reality. According to […]