The Nigerian FG has introduced 50 new tax breaks and reliefs aimed at easing financial pressure on small businesses and low-income earners particularly.
The Nigerian FG has introduced 50 new tax breaks and reliefs aimed at easing financial pressure on small businesses and low-income earners particularly.
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.
In Bilyana Nikolova's grocery store in Chuprene, a village in northwestern Bulgaria, prices are now displayed in levs and euros on hundreds of food products and other items. But in small villages across Bulgaria concerns are running high that the euro will mean higher prices.
Economy
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