Tag: economic reform

Tinubu Nominates Oyedele as Minister of State for Finance to Drive Tax Reforms

Business Damilola Bayonle -
Tinubu nominates Oyedele as Minister of State for Finance President Bola Tinubu has officially nominated Dr. Taiwo Oyedele as the...

FG to channel 5% of GDP into manufacturing drive, targets 25% GDP share by 2035

Business Damilola Bayonle -
FG commits 5% of GDP to boost manufacturing drive under new industrial financing strategy The Federal Government has unveiled an...

1.2 billion youth enter workforce as World Bank pushes jobs as key to poverty reduction

Business Damilola Bayonle -
World Bank links job creation to poverty reduction as global growth slows The World Bank has reiterated that expanding employment...

Nigeria faces debt crossroads as Edun urges revenue-driven economic reset

Business Damilola Bayonle -
Nigeria’s mounting debt burden has returned to the centre of national economic debate after the Minister of Finance and...

New tax regime in Nigeria — facts, exemptions, filing rules and business impacts

Business Damilola Bayonle -
Nigeria’s fiscal structure is entering a decisive new phase as sweeping tax reforms take effect from January 1, 2026...

Excess crude account rises 13% in two years amid Fiscal reforms

Business Damilola Bayonle -
Nigeria’s Excess Crude Account (ECA) has grown by 13 per cent in the last two years under the administration...

Femi Otedola backs Tinubu’s 15% import duty on petrol to protect local refineries

Business Damilola Bayonle -
⁶Billionaire businessman and energy investor, Femi Otedola, has commended President Bola Ahmed Tinubu for introducing a 15% import duty...

Dangote, MAN urge FG to enforce public procurement act to boost local manufacturing

Business Damilola Bayonle -
In a renewed push for industrial self-reliance, the President of Dangote Industries Limited, Aliko Dangote, and the Manufacturers Association...

Nigeria unveils irresistible investment opportunities to Brazilian investors

Business Damilola Bayonle -
Nigeria has taken a bold step in strengthening its economic ties with Brazil by pitching strategic investment opportunities to...