Featured - Westafrica Business News

Cooking Gas: Nigeria Suffers 91,966 Metric Tonnes Deficit …NMDPRA

Sells for N2,100/kg due to marketers charging non-cost reflective prices BY BONNY AMADI The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)...

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Economy

Equities Market Loses N5.64trn as Selling Pressure Intensifies

BY BONNY AMADI The Nigerian equities market closed week ended June 19, 2026, on bearish note, as declining investor appetite across major...

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Economy

Tax Laws: FG Issues Implementation Guideline

BY BONNY AMADI The federal government has issued guidelines for the implementation of the Tax Acts 2025, setting out the transition process...

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Crime

Bribery Charges: UK Court Acquits ex-Petroleum Minister, Diezani Alison-Madueke

Ending 10 years investigation BY BONNY AMADI Nigeria’s former Minister of Petroleum Resources, Diezani Alison-Madueke, has been cleared of all bribery charges...

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Government

ADC, four other Parties deregistration: Appeal Court faults Judge

Orders stay of execution BY BONNY AMADI The court of appeal in Abuja has stayed the execution of a federal high court...

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Banking

CBN now to make bank subsidiaries independent

End use of customers funds for affiliate firms BY BONNY AMADI The Central Bank of Nigeria (CBN) has proposed new rules to...

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Banking

$5bn UAE Bank Borrowing Plan: IMF official warns Nigeria

Says deal carries risks BY BONNY AMADI The International Monetary Fund (IMF) has cautioned Nigeria over its plan to borrow up to...

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Finance

Cryptocurrency: Senate Passes Regulatory, Investors safeguard Bill

BY BONNY AMADI A bill seeking to regulate cryptocurrency, protect investors and strengthen Nigeria’s digital economy has passed second reading in the...