Economy
FG Outlaws Cash Spraying, Decorative Use of Naira
The Federal Government of Nigeria has banned the use of Naira notes for decorative purposes, warning Nigerians against money bouquets,...
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New Tax Reform Sparks Cash-Only Shift as Traders Shun Bank Transfers over Multiple Charges
The newly implemented tax reform by President Bola Ahmed Tinubu's administration is causing agitations among Nigerians as they feel that...
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NRS Debunks Banks’ VAT Messages, Clarifies No New Tax on Electronic Banking Services
Confusion has continued to trail the newly implemented Nigeria Tax Act, with the Nigeria Revenue Service (NRS) debunking the official...
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FG Orders 7.5% VAT on Bank and Fintech Charges
The Federal Government has ordered all banks and fintechs to collect and remit 7.5 percent value-added tax (VAT) on electronic...
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Budget Office Debunks Allegation of ₦246bn Salaries Vote for NEDC
The Director General, Budget Office of the Federation, Tanimu Yakubu Kurfi, has rejected recent claims alleging that the North East...
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Tinubu Lauds NGX N100 Trillion Milestone
President Bola Ahmed Tinubu has lauded corporate Nigeria, citizens, and other stakeholders in the Nigerian capital market for surpassing the...
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Tax Reforms: FG Assures Nigerians, Rules Out Automatic Bank Withdrawals
The Federal Government has moved to calm public anxiety over forthcoming tax changes slated to begin on January 1, 2026,...
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FIRS Declares NIN, CAC Numbers as New Tax IDs, Moves to Simplify Nigeria’s Tax System
The Federal Inland Revenue Service (FIRS) has announced a major overhaul of Nigeria’s tax identification framework, declaring that the National...
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Tinubu Prioritises Security with ₦5.41tn Allocation in ₦58.18tn 2026 Budget
President Bola Ahmed Tinubu has placed national security at the heart of Nigeria’s 2026 fiscal plan, earmarking ₦5.41 trillion for...
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₦54.4trn 2026 Budget in Sight as Senate Passes MTEF, FSP
The Senate has approved the 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), formally clearing the path for...
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Nigeria Airports to Resume Hybrid Payment System at Access Gates
The Federal Government has announced the resumption of a hybrid payment system at airport access gates, reversing the earlier full...
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EFCC Arrests 15 Suspects for Alleged Illegal Trade in Radioactive Minerals
Operatives of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested 15 men for their...
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OYSIEC Reschedules Oyo LG Elections to December 29, 2026
The Oyo State Independent Electoral Commission (OYSIEC) has announced that local government council elections across the state will now hold...
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Makinde Swears in 17 New Permanent Secretaries, Urges Loyalty to State Over Self
Governor Seyi Makinde of Oyo State has sworn in newly appointed Permanent Secretaries in the state's Civil/Public Service, charging them...
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