Economy
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CBN reports strongest net reserve position in over three years
The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position as…
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Despite Nigeria’s mounting debt profile, World Bank set to approve her fresh$632 million loan request today
The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the…
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PenCom launches innovative pension remittances platform to tackle uncredited contributions
The National Pension Commission (PenCom) has officially launched its new Pension Contribution Remittance System, a platform designed to optimise the…
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PenCom urges implementation of Contributory Pension Scheme
The National Pension Commission (PenCom) has called on all states and local governments to implement the Contributory Pension Scheme (CPS)…
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Lagos can generate N5trn annually in IGR’ – Presidential Tax Reform C’ttee Chair, Oyedele
Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Mr. Taiwo Oyedele, has revealed that Lagos can rake in…
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Why I pulled out of World Bank loan, refused to borrow — Soludo
Governor Chukwuma Soludo of Anambra says his administration pulled out of an existing loan arrangement with the World Bank to…
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Oil price decline to $73.5 per barrel threatens budget 2025 revenue target
The price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per…
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Tinubu signs N54.99trn 2025 Budget into law
President Bola Ahmed Tinubu has just signed the N54.99 trillion 2025 Appropriation Bill into law at the State House, Abuja.…
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Tax Reform Bills: Consultant makes startling observations
A Chartered Tax Professional, Dr. Francis U. Ubani, has said there are some differences in the tax formula that has…
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FG to secure 6 new loans from World Bank, bringing Nigeria’s debt to the financial institution to $9.2bn
The federal government is set to secure six new loans totalling $2.23 billion from the World Bank in 2025 as…
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