Economy
Stakeholders Clash Over Nigerian Governors’ Forum (NGF) Adjustments to Tax Reform Bills
The Nigerian Governors Forum (NGF) has recently agreed to back President Bola Tinubu's tax reform bills, with a significant tweak in the Value...
Oyedele Predicts Passage of Tax Reform Bills in Q1 2025 with Implementation Starting July
Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has announced that the tax reform bills currently before...
Dangote Refinery Turns to International Markets for Crude Oil Amid Local Shortages
Dangote Petroleum Refinery, one of Africa's largest, has announced plans to import crude oil feedstock due to insufficient supply from the Nigerian National...
CBN Imposes N1.35 Billion in Fines on Nine Banks for ATM Cash Shortages During Festive Season
The Central Bank of Nigeria (CBN) has taken decisive action against nine major banks for their failure to maintain adequate cash supplies at...
Nigeria’s Inflation Rate Climbs to 34.80% in December 2024 Amid Festive Demand
The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate escalated to 34.80% in December 2024, a slight increase from November's...
FIRS Chairman Optimistic About Passage of Tax Reform Bill in National Assembly
The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has expressed strong confidence in the passage of the Tax Reform Bill...
Skyrocketing Food Prices in Kaduna Dampen Christmas Spirits
Just 24 hours before Christmas, the residents of Kaduna are facing a harsh reality as the prices of cooking gas and essential food...
Analysis of the 2025 Budget Allocations for the Nigerian Presidency
The 2025 Appropriation Bill, unveiled by Nigeria's Ministry of Budget and Economic Planning, has shed light on the financial plans for the presidency...
Naira Strengthens in Parallel Market but Depreciates in Official FX Market
The Naira appreciated marginally in the parallel market yesterday, improving to ₦1,660 per dollar from ₦1,662 per dollar recorded over the weekend. However,...
Nigeria’s Inflation Hits 34.6% in November 2024: Rising Food Prices Dominate
Nigeria’s inflation rate climbed to 34.6% in November 2024, marking an increase from 33.8% in October, according to the latest Consumer Price Index...
