The Federal Inland Revenue Service (FIRS) is set to officially unveil the Nigeria Tax Reform Acts on November 10, 2025, during a high-level strategic event. […]
Category: Economic
Naira Gains Strength at N1,422/$ – Yemi Cardoso
The Naira has recently recorded its highest gain in October, trading at N1,422/$, according to CBN Governor Yemi Cardoso. This positive performance has been attributed […]
Tinubu’s 15% Import Duty on Petrol Explained
Bismark Rewane, a prominent economist and CEO of the Financial Derivatives Company Limited, recently discussed President Bola Ahmed Tinubu’s approval of a 15% import duty […]
FIRS Introduces 10% Withholding Tax
The Federal Inland Revenue Service (FIRS) has announced a new directive requiring banks, stockbrokers, and other financial institutions to deduct a 10% withholding tax on […]
Nigeria’s Debt Profile Decreases Under Tinubu
The National Orientation Agency (NOA) has reported that Nigeria’s debt profile has “significantly decreased” since President Bola Tinubu took office. This development marks a notable […]
BOI’s Risk Assets Reach N10.2bn in South South
The Bank of Industry (BOI) has reported risk assets totaling N10.2 billion in the South South region within the first nine months of 2025. This […]
Tinubu Celebrates as Nigeria Exit FATF Grey List
President Bola Tinubu has hailed the Financial Action Task Force (FATF) after Nigeria officially exit the grey list, calling it a landmark victory for the […]
Nigeria’s Oil Production Reaches 1.8 Million Barrels – Lokpobiri
Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, announced that the country’s oil production has risen to 1.8 million barrels per day (bpd). […]
Nigeria Taps Morocco’s Vocational Training Expertise
Nigeria, through its Minister of State for Labor and Employment, Nkeiruka Onyejeocha, has expressed a strong desire to draw on Morocco’s experience in vocational training. […]
Edo State Hosts Global Investment Summit in Scotland
The Edo State Government recently concluded the 2025 Edo State Global Investment Summit in Glasgow, held from September 20th to 22nd. This summit aimed to […]