Tag: Fiscal reforms

Tinubu: Naira to exchange for 1000 to $1 in weeks amid reform gains

Business Damilola Bayonle -
Naira to Exchange for 1000 to $1 in Weeks President Bola Tinubu has declared that the naira is on course...

Edun confirms forensic audit of NNPC as FG moves to boost oil revenue transparency

Business Damilola Bayonle -
Forensic audit of NNPC ongoing – Edun Nigeria’s fiscal authorities have intensified scrutiny of oil revenue flows as the Forensic...

NRS targets ₦40.71tr in 2026 as Nigeria pushes for fiscal self-reliance

Business Damilola Bayonle -
Nigeria’s fiscal authorities have raised the stakes for domestic revenue mobilisation as the Nigeria Revenue Service (NRS) announced an...

Nigerian FX revival sccelerates as CBN reforms and rising oil prices strengthen naira

Business Damilola Bayonle -
Nigeria’s foreign exchange (FX) market is showing remarkable resilience as reforms spearheaded by the Central Bank of Nigeria (CBN)...

IMF upgrades Nigeria’s 2026 growth outlook to 4.4% — What it means for the economy

Business Damilola Bayonle -
The International Monetary Fund (IMF) has revised Nigeria’s economic growth projection upward, forecasting a 4.4% expansion in 2026. The upgrade,...

Tinubu insists Jan 1 rollout as controversy deepens over the new tax regime

Business Damilola Bayonle -
New Tax Regime Faces Growing Scrutiny Amid Alleged Alterations to the New Tax Regime Framework President Bola Tinubu has reaffirmed...

Tax ID requirement in Nigeria: Oyedele clarifies who must have it before 2026

Business Damilola Bayonle -
Amid rising public anxiety and widespread social media claims, Nigeria’s tax reform leadership has moved to calm fears that...

Federation account inflows hit ₦23.06tn as tax reforms transform Nigeria’s revenue system

Business Damilola Bayonle -
Nigeria’s public finance landscape recorded a major milestone in 2025 as Federation Account inflows climbed to ₦23.06 trillion within...

Nigerians to benefit as five bank charges abolished from January 2026 — Oyedele

Business Damilola Bayonle -
Federal Government Confirms Bank Charges Abolished to Ease Financial Burden Millions of Nigerians are set to enjoy significant financial relief...

FG exceeds 2025 borrowing target by 55.6% — Experts warn of mounting fiscal risks

Business Damilola Bayonle -
Nigeria’s Federal Government has exceeded its 2025 borrowing target by 55.6 percent, raising deep concerns among economists and financial...

Nigeria attracts strong bids in $2.25bn Eurobond issue amid global investor confidence

Business Damilola Bayonle -
Nigeria has successfully returned to the international capital market with a $2.25 billion Eurobond issue, drawing overwhelming investor demand...

FIRS grows tax collection to N47.39tn amid sweeping tax reforms and digital innovation

Business Damilola Bayonle -
The Federal Inland Revenue Service (FIRS) has grown Nigeria’s total tax collection to an unprecedented N47.39 trillion between October...