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Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has defended the country’s rising public debt figure of N152tn, insisting…
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Governor Uba Sani has reiterated that the proposed $200 million Mega Poultry Project will generate over USD $450 million annually, create more than 350,000 direct and indirect jobs in Kaduna State. The Governor further…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have moved to formalise a closer working relationship under the country’s new tax regime to ensure that upstream oil and gas revenues…
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All is set for the commencement of the planned expansion of Dangote Refinery production capacity from 650,000 barrels per day (bpd) to 1.4 million bpd in the next three years. The move, according to refinery management,   comes…
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The Federal Government has issued a fresh mandate to all commercial banks, microfinance institutions, and fintech platforms to begin the collection and remittance of a 7.5% Value-Added Tax (VAT) on specific electronic banking service…
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Nigeria’s economic performance in 2026 will be shaped as much by global forces as by domestic reforms, with slower growth, fragile trade flows, and elevated geopolitical risks expected to influence fiscal revenues and investor…
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Experts at the 2026 Economic Outlook organised by the Institute of Chartered Accountants of Nigeria (ICAN) have called for stronger inter-agency engagement in the implementation of the new tax reform laws to ensure effective execution…
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Nigeria’s electricity supply challenges persisted into December 2025 as just 38 per cent of the country’s installed power generation capacity was available for dispatch, underscoring deep structural weaknesses in the power sector…
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Governor Inuwa Yahaya The Nigerian Electricity Regulatory Commission (NERC) has issued an order to transfer regulatory oversight of the electricity market in Gombe State from the commission to the Gombe State Electricity Regulatory…
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Nigerians will begin paying a 7.5 percent Value Added Tax (VAT) on selected banking services, including mobile bank transfers and USSD transactions,from January 19, 2026, following a new regulatory directive backed by the Federal…
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