•Governor Babajide Sanwo-Olu of Lagos State and Naira notes Lagos State generated more Internally Generated Revenue than 22 other states combined in 2025, according to the National Bureau of Statistics. The state generated N1.77 trillion during the year, while the 22 states ranked below the top 15 jurisdictions collectively generated N909.35 ...
•Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele The federal government has issued the Nigeria Tax Administration Order 2026 to reduce the interest rate for late payment of tax. Signed by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, according to a statement by the Federal Ministry...
•SEC headquarters, Abuja Recently, the Securities and Exchange Commission (SEC) and registrars urged shareholders to complete e-dividend mandate forms and update their records to enable the direct crediting of dividends to their bank accounts. A dividend is the portion of a company’s profit distributed to shareholders. If you own shares in a c...
•PETROAN national president, Billy Gillis-Harry and petrol nozzle The Petroleum Products Retail Outlets Association of Nigeria (PETROAN) has directed its members nationwide to immediately inspect their dispensing meters following concerns raised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over under-dispen...
•CBN Governor Yemi Cardoso Mixed reactions yesterday trailed the Central Bank of Nigeria, CBN’s cut on interest rate by three per cent, as the Monetary Policy Rate, MPR, was reduced from 26.5 per cent to 23 per cent. The governor of the apex bank, Mr. Olayemi Cardoso, who announced the new rate at the end […]
•Industry, Trade and Investment minister, Jumoke Oduwole The federal government has begun a major tightening of Nigeria’s Special Economic Zones (SEZs), warning operators against diverting goods into the domestic market, understating sales and exploiting tax incentives meant to promote exports. Minister of Industry, Trade and Investment, Dr Ju...
•CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate from 26.5 per cent to 23 per cent. CBN Governor, Olayemi Cardoso, disclosed the decision today at the end of the Monetary Policy Committee’s 307th meeting in Abuja, reports Channels TV. He noted that the committee examined recent trends [&h...
•Nigerian workers A single worker in any of Nigeria’s urban centres would need to earn a minimum of N372,300 monthly to reasonably survive what has become the new normal across cities, data analysis has revealed. The amount falls below what could be regarded as a living wage as it is stripped of social life spending, […]
Households in Nigeria are facing yet another squeeze as the price of Liquefied Petroleum Gas (LPG) rose to N1,600 per kilogramme in Lagos yesterday, with consumers in other parts of the Southwest region paying up to N1,500, adding a fresh burden to families already grappling with a spike in transportation costs following recent petrol pump [&h...
•Sanusi and Dangote refinery Emir of Kano, Muhammadu Sanusi II, has urged Nigerians to act responsibly when considering taking part in initial public offerings. He cautioned against selling one’s residential apartment or using their children’s school fees to buy shares, reports Channels TV. Sanusi spoke at the Dangote Petroleum Refinery and Pe...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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