Tinubu: New tax reforms to end poverty, boost prosperity
President Bola Tinubu has declared that Nigeria’s old, colonial-era tax laws contributed to widespread economic hardship, assuring that newly introduced reforms will create opportunities, boost investment, and drive inclusive prosperity.…
Guinness Nigeria tops ₦1tn market value
Guinness Nigeria PLC has crossed the ₦1 trillion market capitalisation threshold on the Nigerian Exchange, marking a major milestone that reflects growing investor confidence and sustained value creation. As of…
Gbajabiamila lauds FCT minister over landmark Hypercity–Carrefour deal
The Chief of Staff to the President, Femi Gbajabiamila, has praised the Minister of the Federal Capital Territory (FCT), Nyesom Wike, for creating an enabling environment for private enterprise, describing…
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…
FG defends OPL 245 resolution, accuses Atiku of self-interest
The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has defended the Federal Government’s resolution of the long-standing dispute over OPL 245, describing it as a landmark…
CBN ends dollar payouts for diaspora remittances
The Central Bank of Nigeria (CBN) has directed all international money transfer operators (IMTOs) to open naira settlement accounts, effectively ending dollar cash payouts for diaspora remittances in Nigeria. Under…
Tinubu sets up task force to drive petroleum sector reforms
President Bola Tinubu has approved the establishment of a Presidential Petroleum Reform and Value Optimisation Taskforce to design and coordinate the next phase of structural reforms in Nigeria’s petroleum sector.…
CBN restricts mobile banking apps to one device
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to restrict the use of mobile banking applications to a single device per customer. Under the new…
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