Wednesday, February 4

Business

North central states move to domesticate new tax

As Nigeria begins implementing its new tax laws, legislative momentum is building across the North Central region, with Jigawa, Plateau, Kogi, Nasarawa and Kwara States taking concrete steps to domesticate the reforms and strengthen their revenue frameworks. Separate statements from…

Bitcoin, Altcoin Rallies Suppressed By Selling Near Range Highs

Key points:Bitcoin bulls will have to successfully defend the moving averages to increase the possibility of a break above $95,000.Most major altcoins have turned down from their overhead resistance levels, indicating that the bears are active at higher levels.Buyers are…

UK investors drive 65% of Nigeria’s foreign inflows

Nigeria attracted about 65 per cent of its recent foreign capital inflows from United Kingdom investors over the past year, with investments including $7.5m into Babban Gona and $40.5m into Johnvent Industries, the Federal Government has said. The Federal Ministry…

KPMG flags errors, gaps in gazetted tax laws

Nigeria’s newly gazetted tax laws, which became effective on 1 January 2026, contain errors, inconsistencies, gaps, and omissions that could affect businesses and taxpayers, according to a report by KPMG Nigeria. The report reviewed the Nigeria Tax Act and the…

Bitcoin Traders Are Hands-Off Ahead of US Tariff Ruling

Bitcoin (BTC) hovered at $90,000 around Friday’s Wall Street open as markets braced for US trade tariff news.Key points:RIsk-asset traders await news over US trade tariffs, as bets see the Supreme Court striking down the measures.US unemployment data misses expectations,…

Tinubu lauds NGX N100tn milestone, urges Nigerians to invest

President Bola Tinubu has praised corporate Nigeria, citizens, and stakeholders in the Nigerian capital market for helping the Nigerian Exchange surpass the historic N100 trillion market capitalisation milestone, describing it as a signal of a “new economic reality” for the…

Bitcoin Can Hit 5,000 in Weeks Based on RSI Signals, Says Trader

Bitcoin (BTC) can hit $105,000 within weeks as a classic leading indicator stays bullish, says the latest market analysis.Key points:Bitcoin is enjoying bullish RSI signals on multiple timeframes as price action consolidates.A weekly RSI breakout occurred in December and continues…

Ripple Gains UK Regulatory Approval Via Local Arm

Cryptocurrency company Ripple is expanding its regulatory footprint after securing authorization from the United Kingdom’s Financial Conduct Authority (FCA).The FCA granted Ripple’s UK subsidiary, Ripple Markets UK, an Electronic Money Institution (EMI) registration and registered it under the UK’s Money…

Petrol to hover around N905/litre this year – CBN

The Central Bank of Nigeria has projected that the pump price of petrol would hover around N950 per litre in the year 2026. The CBN stated this in its 2026 Macroeconomic Outlook for Nigeria. In its outlook for the domestic…

Visa-Linked Stablecoin Firm Rain Valued Above .9B

Rain, a US stablecoin infrastructure provider and a principal member of the Visa payment network, has secured major funding to expand its global presence.The platform raised $250 million in a Series C funding round led by the global investment firm…

JUST IN: Dangote drags ex-NMDPRA boss to EFCC over corruption claims

The Chairman of Dangote Industries, Aliko Dangote, through his legal representative, has filed a formal corruption petition against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, at the headquarters of the Economic and…

FG earmarks N1.7tn in 2026 budget for unpaid contractors

The Federal Government has budgeted the sum of N1.7tn in the 2026 Appropriation Bill to settle outstanding debts owed to contractors for capital projects executed in 2024. A breakdown of the proposed 2026 national budget shows that the amount is…

Advertisement
Demo
© 2026 The Online Guru. All Rights Reserved.