Finance

Tax leakages threaten N40tn revenue target — NRS

The Nigeria Revenue Service (NRS) has warned that tax leakages, delayed remittances and weak compliance by some government institutions and…

1 month ago

EFCC arrests ex-Power Minister Saleh Mamman over N33bn fraud conviction

The Economic and Financial Crimes Commission, EFCC, has arrested former Minister of Power, Saleh Mamman, days after he was sentenced…

1 month ago

FG urges Nigerian startups to apply for AfCFTA-Korea acceleration programme

The Federal Government has called on Nigerian entrepreneurs, innovators and startup enterprises to apply for the African Continental Free Trade…

1 month ago

AfDB approves $200m facility to boost Nigeria’s industrial sector

The African Development Bank Group (AfDB) has approved a $200 million financing facility for the Bank of Industry (BoI) to…

1 month ago

NRS makes Tax ID mandatory for taxpayers nationwide

The Nigeria Revenue Service (NRS), in collaboration with the Joint Revenue Board (JRB), has announced the introduction of a new…

1 month ago

S&P upgrades Nigeria’s credit rating to ‘B’, cites Tinubu’s reforms

S&P Global Ratings has upgraded Nigeria’s long-term foreign and local currency sovereign credit ratings to “B” from “B-”, citing improvements…

1 month ago

Tinubu: Nigeria attracted $20bn foreign investments this year

President Bola Ahmed Tinubu has said Nigeria attracted nearly $20 billion in foreign direct investments this year.   Speaking during…

1 month ago

I wasn’t arrested by EFCC – Energy Commission DG

The Director-General of the Energy Commission of Nigeria (ECN), Dr Mustapha Abdullahi, has denied reports alleging that he was arrested…

1 month ago

New Tax Acts Aim To Build Trust, Not Just Raise Revenue — Oyedele

The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has said the newly introduced Tax Acts…

2 months ago

FG seeks fresh $1.25bn World Bank loan ahead of 2027 polls

The Federal Government has intensified engagement with the World Bank over a proposed $1.25bn loan aimed at supporting economic reforms,…

2 months ago