Economy

The federal government has rolled out new presumptive tax rules for Micro, Small, and Medium Enterprises (MSMEs) across Nigeria, aiming...

Nigeria’s broad money supply (M3) fell to N123.36 trillion in January 2026, compared to N124.4 trillion recorded in December 2025....

Nigeria’s Company Income Tax (CIT) revenue rose to N2.96 trillion in the third quarter of 2025, representing a 6.55 per...

Nigeria’s business environment sustained its expansionary momentum in February 2026, as the Nigerian Economic Summit Group (NESG) Business Confidence Monitor...

The Federal Government has prohibited the collection of taxes in cash and barred revenue agencies from setting up roadblocks for...

The International Monetary Fund has expressed concern over rising energy prices and disruptions to global trade caused by the crisis...

Nigeria’s Value Added Tax (VAT) collections increased to N2.28 trillion in the third quarter of 2025, reflecting sustained economic activity...

Nigeria’s private sector returned to expansion in February, as the Stanbic IBTC Bank Purchasing Managers’ Index rose to 53.2 from...

A few major states account for a large chunk of Nigeria’s debt profile, yet some others continue to maintain low...

Nigeria’s net foreign exchange reserves rose to $34.80 billion at the end of 2025, marking a sharp improvement in the country’s external...