The Business Times

The Business Times Business Times – Insightful reporting on Nigeria’s economy, markets, and policy. Powered by data, shaped by analysis.

The IMF wants Nigeria to put excise duties on your phone bill and add VAT to fuel. The recommendation is in the Fund’s l...
14/06/2026

The IMF wants Nigeria to put excise duties on your phone bill and add VAT to fuel. The recommendation is in the Fund’s latest Article IV report which also warns that Nigeria’s capital spending pace isn’t sustainable without more revenue. This comes after a 50% telecom tariff hike and soaring fuel prices. Full story on thebusinesstimesng.com

14/06/2026

General Christopher Gwabin Musa (Rtd). has cautioned against calls for mass protests on social media, stressing that while citizens have the right to protest peacefully, such actions can sometimes be hijacked, leading to violence, injuries, and loss of lives. The remarks also highlighted the sacrifices made by security personnel in protecting the nation and the need to prioritise peace, dialogue, and public safety.

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Nearly 80% of Nigerians say the country is heading in the wrong direction and the 2027 elections are 18 months away. SBM...
14/06/2026

Nearly 80% of Nigerians say the country is heading in the wrong direction and the 2027 elections are 18 months away. SBM Intelligence’s new Voter Sentiment Tracker surveyed 829 people across six geopolitical zones in May 2026. Economy, insecurity, and governance top the list of concerns. Full report on thebusinesstimesng.com

14/06/2026

Senator Tony Nwoye says former NNPC boss Mele Kyari was unable to appear before a Senate committee after reportedly being hospitalized in Germany. Nwoye said he spoke with Kyari and received confirmation from his associates regarding his medical condition, as lawmakers continue their inquiry into alleged financial irregularities at NNPC.

Nigeria’s telecom towers are getting a serious upgrade. Infrastructure companies have upgraded more than 2,000 base stat...
14/06/2026

Nigeria’s telecom towers are getting a serious upgrade. Infrastructure companies have upgraded more than 2,000 base stations across the country, the NCC has confirmed with plans for 12,000 more sites and fibre reaching 700+ locations. The sector is investing N1.86 trillion in 2026 alone. Full story on thebusinesstimesng.com

History made in Geneva. The ILO has adopted the world’s first international labour standard for gig workers covering pla...
13/06/2026

History made in Geneva. The ILO has adopted the world’s first international labour standard for gig workers covering platform workers on apps like Uber and Bolt. The “Decent Work in the Platform Economy Convention, 2026” was passed Friday at the 114th ILC. For millions working without protections, this changes the conversation. Full story on thebusinesstimesng.com

13/06/2026

“Due to the non implementation of some promises and outstanding obligations, we have been compelled to extend aspects of Nigeria’s budget implementation to June 2026. While payments have commenced, a significant number of commitments remain unsettled.”

Senators raise concerns over delays in budget ex*****on, saying more work is needed to fully deliver on government commitments and ensure promised projects and payments reach Nigerians.

Nigeria’s eNaira could soon be how civil servants receive their salaries and pensioners collect their benefits. The CBN’...
13/06/2026

Nigeria’s eNaira could soon be how civil servants receive their salaries and pensioners collect their benefits. The CBN’s Payments System Vision 2028 proposes making the digital currency a core channel for all government disbursements. After years of low adoption, this could be the switch that changes everything. Full story on thebusinesstimesng.com

Three years in, President Tinubu scores 65.45% according to a new assessment by RTC Advisory. Bold reforms on FX, fuel s...
13/06/2026

Three years in, President Tinubu scores 65.45% according to a new assessment by RTC Advisory. Bold reforms on FX, fuel subsidies, and infrastructure. But the report is candid: the benefits haven’t fully reached ordinary Nigerians yet. The data says progress. The streets tell a different story. Full report on thebusinesstimesng.com

Access Holdings Chairman Aigboje Aig-Imoukhuede says the bank has concluded its aggressive expansion and is now focused ...
12/06/2026

Access Holdings Chairman Aigboje Aig-Imoukhuede says the bank has concluded its aggressive expansion and is now focused on value creation and shareholder returns. With N1.007 trillion profit and N51.56 trillion balance sheet, Access aims to be compared to Standard Bank of South Africa.

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