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The military has blamed militant group Boko Haram for the attacks in which at least 23 people died and 108 were injured.

The governor of the Central Bank of Nigeria reflected on the country's economic journey at the Africa Capital Forum in London.

For decades, there has been little to celebrate about Nigeria's tax system. The multiplicity of taxes, high corporate tax burden, archaic laws, and ambiguous provisions all made for one of the lowest tax-to-GDP ratios in Africa. All this is set to change as the sweeping reforms in the new tax regime announced in January start to kick in. Taiwo Oyedele (right), chair of the Presidential Committee on Fiscal Policy and Tax Reforms, is in conversation with Michael Nwadike.

Two months after Senegal's AFCON triumph, CAF have revoked their title and handed the win to Morocco. Ben Payton surveys the farce.

Security cooperation with Moscow has already begun and other targeted sectors include agriculture and mining.

…Crude oil exports decline 14.41% to $31.54bn…Foreign portfolio investments down 48.3% to $8.04…Current account surplus falls 26%By Babajide Komolafe, Economy Editor and Elizabeth Adegbesan Nigeria’s external sector faced significant headwinds in 2025, as the country’s overall Balance of Payments (BOP) surplus plummeted by 38.1 per cent to $4.23 billion, down from the $6.83 billion recorded […] The post Nigeria’s Balance of Payment falls 38% to $4.23bn in 2025 appeared first on Vanguard News.

By Elizabeth Adegbesan A Central Bank of Nigeria, CBN, survey has showed that 42.7 percent of respondents perceived interest rates on bank loans to be high in the past three months. This formed the key highlight of the apex bank’s Consumer Expectation Survey report for February 2026. The respondents made this remark when asked how the […] The post Interest rates on bank loans rising — says 42% Nigerians appeared first on Vanguard News.

By Rosemary Iwunze As the conflict involving United States, Israel and Iran escalates in the Middle-East, Nigeria insurance industry may face rising reinsurance costs. Commissioner for Insurance, Mr. Olusegun Omosehin, who disclosed this, noted that the crisis could trigger rising claims globally, leading to higher reinsurance pricing. The development, according to Omosehin, would inevitably affect Nigerian […] The post Middle-East Conflict: Nigerian insurers to face high reinsurance costs appeared first on Vanguard News.

United Bank for Africa (UBA) Plc, has reiterated its commitment towards building tangible economic bridges and strengthening diaspora-driven investment into Nigeria. UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, stated this while hosting representatives of the Nigerians in Diaspora Commission (NiDCOM) led by its Chairman/CEO, Hon. Abike Dabiri, at the bank’s UK office earlier in the […] The post UBA, NiDCOM deepen collaboration to unlock diaspora capital appeared first on Vanguard News.

By Babajide Komolafe Governor of the Central/ Bank/ of/ Nigeria (CBN), Mr./ Olayemi/ Cardoso, has said that Nigeria’s recent monetary and financial-sector reforms have built a stronger capacity to withstand external shocks and restored confidence in the economy. Speaking at the Africa/ Capital/ Forum in London on Tuesday on the sidelines of President/ Bola/ Ahmed/ Tinubu’s […] The post Nigeria’s financial reforms have strengthened shock resistance, investor confidence — CBN appeared first on Vanguard News.