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Category: Business
98% of Nigerians to enjoy crash in tax rate or total exemption in 2026 — Oyedele
An estimated 98 per cent of Nigerians will either stop paying tax or have their tax rate under the Pay As You Earn (PAYE) category…
FG to reduce debt service burden through refinancing
The Federal Government plans to reduce its current debt service burden by refinancing existing debts. Minister of Finance and Coordinating Minister of the Economy, Mr….
No more budget extensions – Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says there will be no more budget extensions in the Nigerian fiscal…
We’re working towards bringing needed price, monetary stability – CBN assures Nigerians
Central Bank of Nigeria (CBN) has assured Nigerians of its commitments to ensure that the policies and reforms put up brings about the much needed…
Tinubu seeks $2.3bn external loan to cover 2025 budget deficit, others
President Bola Ahmed Tinubu has requested approval from the House of Representatives to secure approximately $2.3 billion in external borrowing to address Nigeria’s 2025 budget…
FG to get $500m AfDB loan before year-end
The African Development Bank has disclosed plans to disburse $500 million to Nigeria before the end of 2025 as part of a broader $1 billion…
FG to establish $10bn innovation hub in Katsina — Bosun Tijani
The Federal Government has named Katsina State among ten states selected to host a new $10 billion Innovation Hub aimed at boosting digital transformation and…
FG set to eliminate multiple budgetary operations
The Federal Government may have concluded plan to phase out multiple budget fiscal operations if the disclosures of the Minister of Finance and Coordinating Minister…
CBN imposes N5m fine on illegal agent banking activities
The Central Bank of Nigeria (CBN) has announced that any agent found engaging in non-permissible activities under its newly revised Agent Banking Guidelines will face…
Why we created N200bn MSME, manufacturing fund – Tinubu
President Bola Tinubu on Monday in Abuja, stated that the N200 billion intervention fund recently set up by his administration for micro, small and medium…