Business & Economy

Tax system devoid of clear public benefits isn’t reform but extortion, Obi says

By Nchetachi Chukwuajah Former presidential candidate, Peter Obi, has again urged the Federal Government to…

NBS predicts artificial spike in Nigeria’s December 2025 inflation rate

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) has projected a temporary “artificial spike”…

FG earmarks N100 billion in 2026 budget for settlement of debts owed local contractors

By Nchetachi Chukwuajah The Federal Government has earmarked N100 billion in the 2026 budget for…

Monthly mobile data usage rose by 140% within three years, says NCC

By Nchetachi Chukwuajah The Nigerian Communications Commission (NCC) reports that monthly mobile data usage increased…

You can’t tax your way out of poverty, Peter Obi tells Tinubu’s govt

By Nchetachi Chukwuajah Peter Obi, the Labour Party’s presidential candidate in the 2023 election, has…

EXCLUSIVE: As 2026 arrives, 33 states, FCT yet to domesticate new tax laws

By Nchetachi Chukwuajah With the arrival of 2026, the year of the commencement of the…

Banks to deduct N50 Stamp Duty charge on every N10,000 and above e-transfer from January 1

By Nchetachi Chukwuajah Following the commencement of provisions of the new Tax Acts, Nigerian banks…

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…