National Wire About Nigerians, Nigerian Business and Other Stories
Why Nigeria’s New Tax Regime Will Fail Without Public Trust
Millions of Nigerian citizens are watching with cautious anticipation as the federal government begins implementing its far-reaching 2026 tax reforms.
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Business
Adron CEO Restates Support For Traditional Institutions During Oyo Palace Visit
The Chairman, Adron Homes and Properties Limited, Aare Adetola Emmanuel-King, has reiterated the company’s unwavering commitment to Nigeria’s cultural diversity and traditional institutions during a courtesy visit to the Alaafin of Oyo, His Imperial Majesty, Oba Abimbola Akeem Owoade I.
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Zichis Agro Allied Industries Aims To Raise N10 Billion Through Initial Public Offer
The management of Zichis Agro Allied Industries has disclosed plans to strengthen shareholders value and market liquidity through a proposed Initial Public Offer (IPO) of up to N10 billion for its working capital.
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NDIC Announces ₦24.3 billion Second Liquidation Dividend For Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of ₦24.3 billion for depositors of Heritage Bank Limited, which was liquidated on June 3, 2024.
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₦100 Trillion Market Capitalization: CIS And ASHON Laud NGX’s Achievements
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have applauded the Board, Management, and staff of the Nigerian Exchange Group Plc and Nigerian Exchange Limited on the historic achievement of the Nigerian capital market crossing the ₦100 trillion market capitalization mark.
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Nigerian Equities Market Closes First Week Of 2026 On A High Note
The Nigerian equities market has concluded its first trading week of 2026 on a positive note, with the All-Share Index surging 3.71% to close at 162,298.08 points.
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Nestlé Nigeria Assures Safety Of Infant Formula Products
Nestlé Nigeria has clarified that its infant formula products sold in the country are not part of the voluntary recall announced in some other countries.
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Adron CEO Reaffirms Support For Nigeria’s Preservation Of Diverse Cultures, Traditional Institutions
The Founder and Chairman of Adron Homes and Properties Limited, Aare Adetola Emmanuel-King, has reaffirmed the company’s unwavering commitment to the preservation and respect of Nigeria’s diverse cultures and traditional institutions, describing them as vital partners in sustainable national development.
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Recapitalisation: UBA To Return N20.5bn Surplus Subscription Monies, Raises N157.8bn
The United Bank for Africa (UBA) is set to return about N20.5billion surplus subscription monies to shareholders after its rights issues were oversubscribed, in a move to recapitalise ahead of time.
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NCC, CBN’s New Framework To Protect Consumers From Failed Airtime And Data Transactions
In line with the consumer-focused objectives of the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have drawn up a framework to address consumer complaints arising from unsuccessful airtime and data transactions during network downtimes, system glitches, or human input errors.
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