FG debunks claims Oyedele admitted errors in new tax laws
The Presidential Fiscal Policy and Tax Reforms Committee has dismissed as false and misleading reports claiming that the Minister of State for Finance, Taiwo Oyedele, admitted errors in Nigeria’s newly…
FG unveils sweeping tariff cuts under 2026 fiscal policy
The Federal Government has approved the 2026 Fiscal Policy Measures (FPM), introducing broad changes to import tariffs aimed at boosting growth across critical sectors of the economy. The approval was…
Nigeria’s trade surplus surges to ₦17.78tn in 2025
Nigeria’s trade balance recorded a significant improvement over the past four years, rising from a modest surplus of about N1.21 trillion in 2022 to N5.10 trillion in 2023. The figure…
Tax reforms will ease burden on Nigerians, says Shettima
Vice President Kashim Shettima has assured Nigerians that the Federal Government’s proposed tax reforms are designed to improve livelihoods and reduce poverty, not worsen economic hardship. Speaking on behalf of…
Tinubu applauds Lebara Nigeria’s entry, says telecom sector driving growth
President Bola Tinubu has welcomed the official launch of Lebara Nigeria, describing it as a strong vote of confidence in Nigeria’s digital economy and its potential as a leading technology…
Budget Office defends executive order 9, says it upholds constitutional revenue rules
The Federal Government has defended Executive Order 9 (EO9), dismissing claims that it amounts to executive lawmaking, and insisting that the directive merely enforces existing constitutional provisions on the custody…
Senate challenges Tinubu’s economic team over low capital releases
The Senate on Thursday took the Federal Government’s economic team to task over what it described as persistent poor budget implementation, particularly the inadequate release of capital funds to ministries,…
Dangote forecasts stronger naira, sees ₦1,100/$ in 2026
Aliko Dangote, chairman of Dangote Group, has projected that the naira could appreciate to about ₦1,100 to the dollar in 2026, citing the impact of recent economic policies and a…
Tinubu: Dangote Cement paid ₦900bn taxes in 2025 as FG unveils industrial policy
President Bola Tinubu has disclosed that Dangote Cement paid about N900 billion in taxes in 2025, underscoring the Federal Government’s pride in Nigeria’s manufacturing sector.The President made the remarks at…
Customs reaffirms CBN control of FX rates used for valuation
The Nigeria Customs Service (NCS) has clarified that it does not set or manipulate foreign exchange rates used for Customs valuation, stressing that all rates applied in import and export…