Economy
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10 facts you should know about Tinubu’s tax reform bills
The proposed tax reform bills took a significant step forward on Thursday, passing their Second Reading in the Senate despite…
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Senate passes controversial Tax Reform Bills for second reading
The Nigerian Senate has passed four key tax reform bills for their second reading. The bills, which were presented…
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2025 Fiscal Year: Education takes the lead as Gov Nwifuru presents N396.58bn budget to State Assembly
Governor Francis Nwifuru of Ebonyi state, Thursday presented a proposed appropriation bill of N396.60 billion to the State House of…
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‘Nothing to show for over 60 taxes, levies collected across Nigeria,’ Oyedele alleges
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has alleged that the federal government has…
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CBN raises Nigeria’s interest rate
The Central Bank of Nigeria’s Monetary Policy Committee has raised the country’s interest rate by 25 basis points to 27.50…
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More borrowing necessary despite improved revenue by FG, Edun tells Senate
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Nigerian government needs more borrowings to…
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Two-thirds households in Nigeria lack money for healthy food — Survey
Lack of money has left two-thirds of households in Nigeria grappling with the reality of not being able to provide…
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Lagos’ N3trn 2025 budget prioritises growth in tourism, economic affairs sectors
Tourism and creative sector is about to take a huge leap forward in Lagos. The sector, with other key economic…
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Nigeria’s debt burden enlarges further as Tinubu seeks approval for N1.77tn fresh external borrowing
President Bola Tinubu has written to the National Assembly, seeking approval of a fresh N1.767 trillion, the equivalent of $2.209…
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FG spends $1.3bn to service IMF, others’ debts – Report
The federal government has spent $1.36 billion to service outstanding debts owed to 12 international and multilateral creditors in the…
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