The Federal High Court in Abuja has make a fresh pronouncement on the suit filed against the embattled former governor of Kaduna, Nasir El-Rufai.
Nigeria's naira weakens again despite external reserves hitting $48.5bn, driven by high demand for foreign currency and oil price fluctuations affecting the economy.
The Central Bank of Nigeria intervenes with $150m to stabilise the forex market as the naira appreciates amid declining FX inflows and rising external reserves.
Lagos state aims to simplify taxes by reducing 65 levies to nine by 2026, easing business burdens and enhancing compliance while introducing new unique charges.
Senator Oluremi Tinubu, has disbursed N50 million in grants to 1,000 women small business owners as part of efforts to strengthen women’s economic participation.
Poultry traders report low sales this Christmas season despite a drop in the price of live chickens, with breeders now selling for about N25,000.
Nigeria's forex position improved in 2025 with net dollar inflows reaching $41.73 billion, a 12.3% increase, despite a dip in August attributed to weaker sources.
The Nigerian naira is expected to stabilise in 2026 as SBM Intelligence asks the Central Bank of Nigeria (CBN) to aggressively pursue stability over appreciation.
The Federal Inland Revenue Service (FIRS) has clarified that Nigerians’ NINs and companies’ CAC RC numbers will automatically serve as Tax IDs under the 2026 NTAA.
The Debt Management Office (DMO) has advised state governments to strictly follow existing laws and guidelines when seeking loans to ensure responsible borrowing.
The Nigerian currency, the naira, rebounded the official window after days of volatility following the $150 million interventions by the Central Bank of Nigeria.
Economy
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