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CPPE urges phased implementation of tax reform

Nigeria, Jan. 5 -- Nigeria's tax reform has triggered widespread public anxiety and resistance, as households and businesses already stretched by high inflation and weak incomes brace for new complian... Read More


Fidelity Bank appoints new board chairperson

Nigeria, Jan. 3 -- Fidelity Bank Plc has appointed Amaka Onwughalu as its new board chairperson following the completion of the tenure of its former chairperson, Mustafa Chike-Obi. In a Friday disclo... Read More


How CBN managed the Nigerian economy in 2025

Nigeria, Jan. 1 -- Nigeria entered the year with inflation easing but interest rates still at crisis levels, forcing the CBN to balance early signs of price relief against the risk of losing hard-won ... Read More


Tinubu congratulates Wale Edun on Royal Victorian Order honour

Nigeria, Dec. 31 -- President Bola Tinubu has congratulated the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on his appointment to the Royal Victorian Order by King Charles... Read More


Oil exports, remittances drive Nigeria's $4.6 billion BOP surplus in Q3

Nigeria, Dec. 31 -- Nigeria recorded an overall balance of payments (BOP) surplus of $4.60 billion in the third quarter of 2025, reversing a deficit in the previous quarter, data released by the Centr... Read More


Nigeria's business activity expands for 13th consecutive month - CBN PMI

Nigeria, Dec. 30 -- Nigeria's business activity expanded for the 13th consecutive month in December 2025, according to the Purchasing Managers' Index (PMI) report published on Tuesday by the Central B... Read More


With reforms, better security, Nigeria could enter robust growth phase in 2026 - CPPE

Nigeria, Dec. 28 -- Nigeria could enter a stronger and more sustainable growth phase in 2026 if economic reforms were sustained and security challenges addressed, the Centre for the Promotion of Priva... Read More


Oyedele dismisses claims on Nigeria's tax laws

Nigeria, Dec. 23 -- The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has rejected claims that Nigeria's newly enacted tax reform laws were altered after their p... Read More


Yuletide: CBN orders banks to enable smooth ATM, POS transactions for foreign cards

Nigeria, Dec. 21 -- The Central Bank of Nigeria (CBN) has ordered banks and other financial institutions to ensure uninterrupted use of foreign-issued payment cards across ATMs, point-of-sale (POS) te... Read More


Fire damages FIRS office in Abuja, no casualties reported

Nigeria, Dec. 21 -- A fire incident occurred on Saturday morning at an office of the Federal Inland Revenue Service (FIRS) in Abuja, damaging parts of the building but causing no loss of life. The ta... Read More