Economy

The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso has stated that the current reforms being implemented...

The 36 states and the FCT collectively generated N2.43 trillion in Internally Generated Revenue (IGR) in 2023, reflecting a 26.03%...

The Northern Governors Forum chaired by Gombe state Governor has rejected the derivation-based model for Value Added tax (VAT) distribution...

The Nigerian Consumer Credit Corporation (CREDICORP) has opened applications for Credit Access for Light and Mobility (CALM) Fund aimed at...

Some financial experts have expressed support for the Federal Government's plan to impose a 25% personal income tax on Nigeria's...

The International Monetary Fund (IMF) says that oil-producing countries in Sub-Saharan Africa are growing at roughly half the pace of...

Nigeria’s persistent power challenges are costing the economy an estimated $26 billion annually, according to the Africa Trade Barometer report...

Nigeria is contemplating the issuance of a diaspora bond in the United States next year, aiming to secure monthly remittance...

Former Nigerian President Olusegun Obasanjo has recounted how he boosted the country’s foreign reserves from a meager $3.7 billion to...

The Federal government plans to steadily raise the rate for Value Added Tax (VAT) to 15% from the current 7.5%.