Think tank projects inflation drop to 14% by December, predicts CBN rate cut
The Independent Media and Policy Initiative (IMPI) has revised its inflation projection for Nigeria, forecasting a further decline to 14 percent by December 2025, down from its earlier estimate of…
APC hails Tinubu’s ‘visionary leadership’ as IMF, World Bank endorse economic reforms
The All Progressives Congress (APC) has lauded President Bola Ahmed Tinubu’s economic reforms, describing them as visionary and transformative, following fresh endorsements from the World Bank and International Monetary Fund…
Cardoso steps in for ailing Finance Minister, leads Nigeria’s delegation to World Bank-IMF meeting
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, will lead Nigeria’s delegation to the World Bank and International Monetary Fund (IMF) Annual Meetings scheduled to open…
Tinubu explains ₦200bn intervention fund for MSMEs, manufacturers
| Says economic stability due to Nigerians’ sacrifices, promises better days ahead President Bola Ahmed Tinubu has explained that the ₦200 billion intervention fund recently established by his administration for…
‘No hiding place’ – Tax boss declares all income taxable – From bankers to sex workers and agberos
In a sweeping declaration that spares no profession, Nigeria's top tax official has asserted that every single income-earning citizen—from formal professionals to those in the shadow economy—must declare their earnings…
Think Tank projects inflation to drop to 17% by December, urges CBN to cut interest rates
The Independent Media and Policy Initiative (IMPI) has projected that Nigeria’s headline inflation will fall to 17 per cent by the end of 2025, following months of steady declines that…
FG suspends FOB levy on imported goods amid stakeholder concerns
The federal government has announced the immediate suspension of the newly introduced free on board (FOB) levy collected by the Nigeria Customs Service (NCS) on imported goods. The decision, communicated…
JTB dismisses reports linking bank access to tax IDs
The Joint Tax Board (JTB) has debunked reports suggesting that Nigerians without a Tax Identification Number (Tax ID) would be denied access to their bank accounts or barred from financial…
FG clarifies: No immediate plan to implement 5% petrol surcharge
The Federal Government has assured Nigerians that it has no immediate plans to introduce the five per cent fuel surcharge provided for in the newly signed Tax Administration Act 2025.…
Customs approves $300 duty-free threshold for low-value imports and passenger baggage
The Nigeria Customs Service Board (NCSB) has approved a de minimis threshold of $300 for low-value consignments imported through express shipments or passenger baggage. De minimis refers to the minimum…