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Nigeria’s manufacturing sector contributed a total of N1.17 trillion in Value Added Tax (VAT) in 2025. This is according to data released by the National Bureau of Statistics (NBS). The figure represents a significant increase from the N803.53 billion recorded…
Read moreThe Joint Admissions and Matriculation Board (JAMB) has delisted 23 Computer-Based Test (CBT) centres across Nigeria over technical deficiencies recorded during the 2026 mock Unified Tertiary Matriculation Examination (UTME). The disclosure was contained in the latest bulletin released by the…
Read moreFor decades, barriers to trade, communication, and connection have been common within the African continent. Cross-border payments have been slowed down by reliance on foreign currencies, high transaction costs, and settlement inefficiencies. Individuals often struggle to send money home. Entrepreneurs…
Read moreThe Independent National Electoral Commission (INEC) has announced the postponement of its proposed nationwide voter revalidation exercise until after the 2027 general elections. The post INEC postpones nationwide voter revalidation exercise until after 2027 elections appeared first on Nairametrics.
Read moreThe Federal Government has approved the rollout of a biometric passenger identity verification system, known as VPASS, across domestic airports in Nigeria to enhance security and improve passenger identification. The disclosure was made by the Minister of Aviation and Aerospace…
Read moreNigeria’s mounting backlog of unpaid contractors is emerging as a hidden credit risk, with investors increasingly factoring it into the country’s fiscal outlook. The post FG contractor arrears raise credit risk as investors price pressure appeared first on Nairametrics.
Read moreNigeria’s agent banking ecosystem is entering a new phase as regulators move to address long-standing concerns around fraud, failed transactions, and operational inconsistencies across the system. The Central Bank of Nigeria introduced updated guidelines on April 1, 2026, setting new…
Read moreMost recent market activity has revealed that, despite rising demand for assets denominated in naira and weak UK economic performance, the Naira was stable versus the British pound in the Nigerian foreign exchange market. The post Naira maintains stability against British Pound Sterling at…
Read moreNigeria’s poverty rate rose to 63% in 2025, even as inflation eased sharply, highlighting weak transmission of macroeconomic gains to households, according to the World Bank. The disclosure was made in the Nigeria Development Update (April 2026) titled “Nigeria’s Tomorrow…
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