Economy

The Federal Government has scrapped the 5% excise duty earlier imposed on telecommunications services, a policy reversal that is expected...

Nigeria’s long-awaited tax reform laws have been officially published in the government gazette, marking a major step in overhauling the...

African financial powerhouses have unveiled plans to mobilise more than $100 billion for green initiatives across the continent, in a...

The Central Bank of Nigeria (CBN) has been warned not to rush into relaxing the Monetary Policy Rate (MPR) as...

Nigerian businesses are currently battling soaring loan interest rates from commercial banks, ranging between 29% and 36%, adding pressure to...

The Presidential Fiscal Policy and Tax Reforms Committee has clarified that the proposed 5% fuel surcharge under Nigeria’s new tax...

The International Finance Corporation (IFC) has raised concerns over the high cost of technology in Africa, warning that businesses on...

Nigeria’s business climate recorded a modest improvement in August 2025, even as structural constraints continue to weigh heavily on growth....

President Bola Ahmed Tinubu has announced that the Federal Government is no longer borrowing from domestic banks, citing a significant...

The average retail price of refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) declined by 0.96% month-on-month, dropping...