Economy
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External debt service gulps N2.7 trillion, 45.2 per cent of govt’s Q2 revenue
•Graphical depiction of Nigeria’s debt profile Nigeria’s mounting debt burden again came into focus in the second quarter of…
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Tinubu in latest directive, strips Finance Minister Edun of critical powers
The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, may have been stripped of critical powers…
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‘Altered’ Tax Laws: FG defends January implementation, says delay will harm economy
•Taiwo Oyedele, Chairman, Presidential Committee on Fiscal Policy and Tax Reforms The Federal Government has defended the planned January…
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Presidency dismisses alleged discrepancies in Tax Law
The Presidency has dismissed claims of discrepancies in the newly signed tax reform laws. It said that the documents…
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New tax laws on shaky ground as lawmakers reject gazetted tax laws over alterations
Concerns have deepened over alleged alterations to tax laws passed by the National Assembly, after two more lawmakers raised objections…
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World Bank approves fresh $500 million loan for Nigeria
The World Bank has approved a $500 million financing package for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. …
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Multiple budget implementation to end in March 2026 — Tinubu
•President Tinubu, while presenting the 2026 appropriation bill to a joint session of the National President Bola Tinubu has…
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BREAKING: Tinubu presents N58.47trn 2026 budget to NASS joint session •Defence takes N5.41trn lion’s share
President Bola Tinubu has presented a budget of N58.47 trillion for the 2026 fiscal year to a joint session of…
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PenCom assets hit N27trn as DG Oloworaran unveils reforms, clears pension backlogs
•Says retirees now access benefits without delay The Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran,…
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Everything you need to know about Tax ID
With the ongoing discussions surrounding the use of Tax Identification Numbers (Tax IDs) over their link to banking and everyday…
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