Business & Economy

Economic activities improved in December, 32 subsectors recorded expansion, CBN claims

By Nchetachi Chukwuajah The Central Bank of Nigeria (CBN) claimed that economic activities further improved…

ANALYSIS: Controversies, alleged alterations, oppositions trail tax laws hours to planned implementation

By Nchetachi Chukwuajah With just two days remaining until the planned January 1, 2026, implementation…

New tax laws will commence as scheduled on January 1, Oyedele insists

By Nchetachi Chukwuajah Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo…

National Assembly directs Clerk to re-gazette new tax laws over alleged alterations

By Nchetachi Chukwuajah The National Assembly has directed its clerk to re-gazette the new tax…

Nigeria ships $2.57 billion worth of crude oil to US in eight months, highest in Africa

By Nchetachi Chukwuajah Nigeria shipped 33.23 million barrels of crude oil, valued at $2.57 billion,…

‘I only have what was presented to the president to sign,’ Oyedele responds to claims of tax laws alteration

By Nchetachi Chukwuajah Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele,…

FG earns N222.90 billion from electronic money transfer levy in six months, 66.1% above target

By Nchetachi Chukwuajah The Federal Government generated N222.90 billion from Electronic Money Transfer Levy (EMTL)…

2026 will be year of stronger discipline in budget execution, says Tinubu

By Desire Emmanuel President Bola Tinubu, while presenting the 2026 Budget before the joint session…

Tinubu at budget presentation warns bandits, terrorists, others

"Bandits, militias, armed gangs, armed robbers, violent cults, forest-based armed groups and foreign-linked mercenaries will…

Key details of 2026 Budget as presented by President Tinubu

By Desire Emmanuel President Bola Tinubu on Friday, December 19, presented the 2026 Budget before…

FG spends N9.81 trillion out of N13.67 trillion total revenue on debt servicing in seven months

By Nchetachi Chukwuajah The Federal Government spent N9.81 trillion out of the N13.67 trillion total…

Rivers, Ogun, Ekiti, Bayelsa, six other states with highest inflation rates in November

By Nchetachi Chukwuajah On Monday, December 15, the National Bureau of Statistics (NBS) released the…

Nigeria to borrow N17.88 trillion as Senate approves 2026-2028 MTEF/FSP

By Nchetachi Chukwuajah Nigeria will borrow N17.88 trillion between 2026 and 2028 following the Senate’s…

Crude oil accounted for 56.14% of Nigeria’s total export in third quarter, generated N12.81 trillion – NBS

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) has stated that crude oil accounted…

UPDATE: NDIC begins liquidation of Aso Savings, Union Homes’ assets, payment of depositors

By Nchetachi Chukwuajah The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation process and…

CBN revokes licenses of Aso Savings and Loans Plc, Union Homes Savings and Loans Plc over ‘financial distress ‘

By Desire Emmanuel The Central Bank of Nigeria (CBN) on Tuesday , December 16, revoked…

FG, states, LGs share ₦1.928 trillion as November allocation

By Desire Emmanuel The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦1.928…

Inflows into federation account increased to N23.06 trillion in 10 months of 2025, says Revenue Allocation Commission

By Nchetachi Chukwuajah The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has stated that inflows…

Inflation rate eased to 14.45% in November, but food inflation on the increase, says NBS

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) has said Nigeria’s headline inflation rate…

Prices of beans, gari, rice, tomatoes, others dropped in October, NBS claims

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) on Friday, December 12, said the…