ECONOMY

Louisa Olaniyi Business Network > Blog > ECONOMY

February 5, 2026
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ECONOMY, NDLEA, News

Marwa Tasks Youths on Skills Acquisition, Empowerment Opportunities

Nigerian youths have been urged to embrace skills acquisition and other empowerment opportunities provided in various intervention programmes offered by government and other stakeholders as a safeguard against falling...

Nigeria’s Senate Declines Mandatory Real-Time Upload of Election Results

February 5, 2026
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election, ECONOMY, News, Technology

Senate Rejects Real-Time Result Upload, Raising Fresh Fears Over 2027 Poll Credibility

Nigeria’s Senate has declined to adopt a key electoral reform that would have made the real-time electronic transmission of election results compulsory, a move that has sparked disappointment among...

January 31, 2026
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ECONOMY, News

Crude Surge Pushes Petrol Price Towards N1,000/Litre – Marketers

Fuel marketers have warned that the pump price of Premium Motor Spirit (petrol) may climb to N1,000 per litre in the coming days following the sharp rise in global...

Monday Sit-at-Home Costs Anambra N8bn Weekly — Commissioner

January 27, 2026
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ECONOMY, News, Politics, SECURITY

Anambra loses N8bn weekly to Monday Sit-at-Home – Commissioner

The Anambra State Government has revealed that the state loses about N8 billion weekly, while the entire South-East region loses an estimated N19.6 billion every week, due to the...

Owing Tax in Lagos? LIRS May Collect Directly from Your Bank or Tenant

January 26, 2026
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ECONOMY, Lagos state, News

Owing Tax in Lagos? The State May Collect From Your Bank or Tenant

A new kind of alert has been making the rounds across WhatsApp groups and office status updates in Lagos: the state government is changing how it collects overdue taxes....

FG orders banks, fintechs to collect 7.5% VAT on electronic service fees

January 15, 2026
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finance, ECONOMY, News

FG directs banks, fintechs to collect VAT on electronic service fees

The Federal Government has directed all banks and fintech companies to collect and remit a 7.5 per cent value-added tax (VAT) on certain electronic banking services, with effect from...

January 13, 2026
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finance, ECONOMY, News

Savings in Bank Accounts Not Taxable, Only Profits – NRS Boss

The Executive Chairman of the Nigeria Revenue Service (NRS), Dr Zacch Adedeji, on Tuesday sought to calm public fears over the new tax laws, insisting that neither the old...

Okpebholo Halts Edo Central School Resumption After Violent Protest

January 12, 2026
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ECONOMY, News, SECURITY

Okpebholo Postpones School Resumption in Edo Central

The Edo State Government has announced the postponement of the resumption date for all public and private schools in Edo Central Senatorial District. In a statement on Monday, the...

January 10, 2026
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finance, ECONOMY, News, Politics

Tinubu, Shettima Set to Spend N9.3bn on Travels, Food in 2026 Budget

President Bola Tinubu and Vice President Kashim Shettima are projected to spend a combined N9,364,349,417 on local and foreign travels, as well as food and refreshments, in the 2026...

January 9, 2026
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NCC, ECONOMY, finance, News, TELECOMS, Trending Stories

Banks, Telcos Face March Deadline on Failed Airtime Refunds

Banks and telecommunications operators in Nigeria have been given a March 1, 2026, deadline to fully implement a new refund framework aimed at resolving persistent consumer complaints over failed...