Atiku Abubakar, the former vice president of Nigeria, has broken the silence, as his son dumped him for the camp of President Bola Tinubu and joined the APC.
Nigerians will face a new 7.5% VAT on digital banking services from January 2026, sparking concerns over financial strain amid criticism from consumer groups.
Nigeria's economic recovery strengthened in December 2025, with 32 of 36 subsectors growing, while the naira ended the year weaker despite CBN interventions.
Federal Government denied plans to monitor bank accounts for tax; small businesses earning below ₦12 million exempt from income tax under new reforms.
Apply for YEIDEP Batch B and receive grants of ₦50,000 to ₦500,000 to support youth entrepreneurship in Nigeria, empowering young innovators and boost inclusion.
In 2025, South Sudanese pound and Ethiopian birr faced severe declines, revealing economic fragility and inflation's impact on everyday life across Africa.
The naira weakens to ₦1,445.68/$ despite CBN's dollar sales, while Nigeria's external reserves rise to $45.45bn, highlighting ongoing currency stability challenges.
Ten Nigerian states plan to raise about N4.287 trillion from loans, bonds, grants, and public-private partnerships to fund their 2026 budget proposals.
Nigeria's revenue system transforms with the Federal Inland Revenue Service evolving into the Nigeria Revenue Service in January 2026, boosting transparency.
The NNPCL has written off subsidy arrears and other debts owed by the federal government amounting to N4.01 trillion, following a reconciliation of accounts.
Nigeria’s new tax ID portal launches January 1, 2026, linking NIN and CAC numbers, replacing old TINs, without bank deductions, JRB assures taxpayers nationwide.
Economy
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