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China, Lesotho pledge deeper cooperation amid changing US trade policy

Africanews EN • 12 Jan 2026, 06:05

China and Lesotho have agreed to deepen cooperation across key sectors following an official visit by Chinese Foreign Minister Wang Yi, reaffirming strong bilateral ties and a sha…

China and Lesotho have agreed to deepen cooperation across key sectors following an official visit by Chinese Foreign Minister Wang Yi, reaffirming strong bilateral ties and a shared commitment to development.

Seme Customs records 117% revenue surge, tightens border security

Vanguard Nigeria • 12 Jan 2026, 05:58

By Providence Ayanfeoluwa   The Nigeria Customs Service, NCS, Seme Area Command, closed 2025 with a record of 117 percent revenue surge, generating a total of N15.6 bill…

By Providence Ayanfeoluwa   The Nigeria Customs Service, NCS, Seme Area Command, closed 2025 with a record of 117 percent revenue surge, generating a total of N15.6 billion as against N7.2 billion it recorded in 2024. The Command achieved its highest-ever monthly revenue in December 2025 when it generated N3.63 billion.   A statement made available by the […] The post Seme Customs records 117% revenue surge, tightens border security appeared first on Vanguard News.

Banks slash loans to manufacturers, traders by N2.1trn

Vanguard Nigeria • 12 Jan 2026, 05:51

Loans to five sectors drop 17.5% to N16.43trn in 6mth By Babajide Komolafe At the backdrop of the challenges confronting the manufacturing sector, including  structural bottleneck…

Loans to five sectors drop 17.5% to N16.43trn in 6mth By Babajide Komolafe At the backdrop of the challenges confronting the manufacturing sector, including  structural bottlenecks, weak consumer demand and high interest rate, banks slashed loans to manufacturers and traders by  N2.1 trillion in the first six months of  2025 to  N10.946 trillion at the end of […] The post Banks slash loans to manufacturers, traders by N2.1trn appeared first on Vanguard News.

NGX rally gathers pace as investors coast home with over N3.8trn gain

Vanguard Nigeria • 12 Jan 2026, 05:43

•As Tinubu urges Nigerians to deepen participation   By Peter Egwuatu  The Nigerian equities market extended its upward movement last week, posting another strong c…

•As Tinubu urges Nigerians to deepen participation   By Peter Egwuatu  The Nigerian equities market extended its upward movement last week, posting another strong close as investors garnered N3.837 trillion gain from their investment. Analysts attributed the gain to sustained confidence and resilience of the market.   The trading was characterised by sustained buying interest, sector rotation and […] The post NGX rally gathers pace as investors coast home with over N3.8trn gain appeared first on Vanguard News.

Price stability as first casualty of new tax misinterpretation

The Guardian Nigeria • 12 Jan 2026, 04:06

Price stability has become the first casualty of Nigeria’s new tax template, not because the reform imposes a new burden, but because fear The post Price stability as first casual…

Price stability has become the first casualty of Nigeria’s new tax template, not because the reform imposes a new burden, but because fear The post Price stability as first casualty of new tax misinterpretation appeared first on The Guardian Nigeria News - Nigeria and World News.

Heritage Bank: NDIC declares N24.3b second liquidation dividend

The Guardian Nigeria • 12 Jan 2026, 04:00

The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of N24.3 billion to depositors of Heritage Bank The post Heritage Bank: NDIC declares …

The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of N24.3 billion to depositors of Heritage Bank The post Heritage Bank: NDIC declares N24.3b second liquidation dividend appeared first on The Guardian Nigeria News - Nigeria and World News.

18 insurers indicate readiness for capital verification

The Guardian Nigeria • 12 Jan 2026, 03:37

Eighteen insurance companies have so far indicated readiness for capital verification under the ongoing industry recapitalisation. The post 18 insurers indicate readiness for capi…

Eighteen insurance companies have so far indicated readiness for capital verification under the ongoing industry recapitalisation. The post 18 insurers indicate readiness for capital verification appeared first on The Guardian Nigeria News - Nigeria and World News.

Why many Nigerians choose non-interest banking — Summit Bank CEO

Vanguard Nigeria • 12 Jan 2026, 03:30

Non-interest banking appears to be gaining momentum in Nigeria’s financial landscape. In this interview with Emeka Anaeto, Business Editor of Vanguard Newspaper, the Managing Dire…

Non-interest banking appears to be gaining momentum in Nigeria’s financial landscape. In this interview with Emeka Anaeto, Business Editor of Vanguard Newspaper, the Managing Director of Summit Bank Limited, Dr. Sirajo Salisu, gave insight into the operations in the sub-sector as well as what his organization is bringing to the table. Excerpts. Licensed in February 2025 and […] The post Why many Nigerians choose non-interest banking — Summit Bank CEO appeared first on Vanguard News.

Nigerian insurers oppose tax breaks for foreign firms

The Guardian Nigeria • 12 Jan 2026, 03:10

A proposal to exempt foreign insurance companies from paying tax on premiums generated from insurance business written in Nigeria has The post Nigerian insurers oppose tax breaks …

A proposal to exempt foreign insurance companies from paying tax on premiums generated from insurance business written in Nigeria has The post Nigerian insurers oppose tax breaks for foreign firms appeared first on The Guardian Nigeria News - Nigeria and World News.

Champion Breweries opens N42bn Public Offer at N16 per share

Vanguard Nigeria • 12 Jan 2026, 03:08

Champion Breweries Plc, has announced the official opening of its N42 billion Public Offer of ordinary shares at N16.00 per share The post Champion Breweries opens N42bn Public Of…

Champion Breweries Plc, has announced the official opening of its N42 billion Public Offer of ordinary shares at N16.00 per share The post Champion Breweries opens N42bn Public Offer at N16 per share appeared first on Vanguard News.

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