Economy
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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Inflation Slides to 14.45% in November, Says NBS
Nigeria’s inflation trajectory took a dramatic turn in November 2025 as the headline rate slid to 14.45 per cent, its...
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Alli Accuses Makinde of Ignoring Tax Law
The Oyo State governorship candidate of the All Progressives Congress (APC), Senator Sharafadeen Alli, has accused Governor Seyi Makinde of...
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Video: Oba Okunoye Questions Conduct of Monarchs, Says Crown Is Losing Its Value
HRM Oba (Prof.) Adekunle Adeogun Okunoye, Adedeji 11, the Eburu of Iba in Osun State, has questioned whether some traditional...
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Atiku Defies Court Ruling, Vows to Remain in Presidential Race
Former Vice-President Atiku Abubakar has declared that he will not withdraw from the presidential race, insisting that no court ruling,...
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EFCC Secures Court Forfeiture of $163,592 in US Settlement Fraud Case
The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of $163,592 allegedly obtained through an international fraud...
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