Category: Finance

50 exemptions, reliefs for Nigerians in new tax reform

Nigeria’s new tax reform laws, scheduled to take effect from 1 January 2026, introduce wide-ranging...

FAAC, loans dominate govs’ funding plans for 2026 budget

State governments are heading into 2026 with expansive spending plans, but weak internally generated revenue...

States, LGs cut bank debt by ₦547.5bn

States and local government councils reduced their bank borrowings by about N547.52bn within one year...

Tax laws not perfect, would be reviewed periodically — Oyedele

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has said...

Why we repealed 2024, 2025 budgets — Reps spokesperson

The Deputy Spokesperson of the House of Representatives, Hon. Philip Agbese, has explained that the...

2026 budget: Anambra, Enugu lead states in education funding

As governors across the country submit their 2026 appropriation bills to their respective state Houses...

MDAs face N15tn capital funding gap — Report

Capital expenditure by Federal Government ministries, departments and agencies has remained severely constrained over the...

Nigeria has less than 10m taxpayers — Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has disclosed...

Nigeria missed oil revenue targets in H1 2025 — Budget office

The Budget Office of the Federation has disclosed that Nigeria failed to meet its oil...

Naira holds steady across markets on Christmas eve

The Nigerian naira opened trading on Christmas Eve with mild fluctuations against the United States...

Nigeria’s net forex inflow rose 12% in 2025

Nigeria recorded a 12.3 per cent year-on-year increase in net foreign exchange inflow to $41.73...

Senate approves revised ₦43.561trn 2024 budget framework

The Senate has approved a revised ₦43.561 trillion 2024 Appropriation Act alongside a reworked 2025...