Tag: Fiscal Policy

Nigeria local government autonomy crisis deepens as states retain ₦1.46tn funds

Business Damilola Bayonle -
Nigeria local government autonomy crisis worsens as states withhold ₦1.46tn funds despite court ruling Nearly ₦1.46 trillion meant for grassroots...

Nigeria World Bank debt rises $2.08bn as naira pressure and fiscal strain deepen economic risks

News Damilola Bayonle -
Nigeria World Bank debt jumps $2.08bn as fiscal strain deepens, naira pressure and capital confidence weaken Nigeria’s fiscal pressure is...

Nigeria public debt hits N159tn, raising inflation fears and cost-of-living pressure

Business Damilola Bayonle -
Rising Nigeria Public Debt Adds Pressure on Nigerians as Borrowing Accelerates Nigeria public debt has hit N159tn, raising fresh concerns...

FG borrowing N750bn bonds: Nigeria adjusts strategy amid rising debt costs

Business Damilola Bayonle -
Nigeria’s domestic debt market is once again in focus as the FG borrowing N750bn bonds plan signals a calibrated...

Nigeria cracks down on corporate tax practices, tightens rules on related-party deals

Business Damilola Bayonle -
Nigeria’s tax authorities are ramping up enforcement across corporate structures as the government intensifies efforts to block revenue leakages...

FG outlaws cash tax collections, roadside revenue checkpoints in major tax reform push

Business Damilola Bayonle -
FG bans cash tax collections, revenue roadblocks The Federal Government has formally outlawed cash-based tax collections and the mounting of...

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 hails CBN’s 26.5% interest rate cut as turning point for economic recovery

Business Damilola Bayonle -
FG welcomes CBN 26.5% interest rate cut The Federal Government has thrown its weight behind the Central Bank’s latest monetary...

Nigeria’s public debt hits N153.29tn as external, domestic borrowings rise in Q3 2025

News Damilola Bayonle -
Nigeria’s public debt rises to N153.29tn as of September 2025 Nigeria’s public debt climbed to N153.29tn as of September 30,...

Nigeria’s W’Bank IDA debt hits $18.7bn after $1.9bn surge in one year, sparks sustainability debate

Business Damilola Bayonle -
Nigeria’s exposure to the concessional lending window of the World Bank has climbed sharply, with fresh data showing that...

Technology will decide success of Nigeria’s new tax laws, says NRS chairman Adedeji

Business Damilola Bayonle -
Technology key to implementing new tax laws – Adedeji The Executive Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch...

Nigeria’s Tax Revenue Surges 30% to N28.3trn as FG Sets Ambitious N40.7trn Target

Business Damilola Bayonle -
Tax revenue jumps 30% to N28.3trn in 2025 Nigeria’s fiscal landscape recorded a significant boost in 2025 as tax revenue...