Economy

Budget estimates suggest N12.2bn could be spent on travel by the presidency and aides in 2026, reigniting austerity-versus-spending debate.

Cross River’s revenue service reportedly paused new tax assessments while it reviews processes tied to reform-era enforcement changes.

A CBN-linked projection cited by Vanguard suggests petrol could average around N950 per litre, intensifying cost-of-living and inflation worries.

Reuters reports Tinubu says Nigeria will implement new tax laws from January 1 despite calls for delay, as disputes persist over drafting discrepancies.

KPMG says Nigeria’s certified tax reform texts still contain errors and omissions that could create compliance uncertainty without quick clarifications.

In an update published by ThisDay, the President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, said about 139 million Nigerians are living below the...

Figures cited by Daily Post show the naira recorded a mild dip at the official market, trading around ₦1,419.72 per dollar after a strong early-year run. The move marked the currency’s first reported depreciation of...

The naira weakened further in the parallel market to around ₦1,490/$ as the official NFEM rate also softened slightly, widening the spread between both markets.

Nigeria reportedly recorded a ₦12 trillion trade surplus in 2025, with non-oil exports rising sharply as diversification efforts gain traction.

PwC Nigeria projects 4.3% GDP growth in 2026, hinging on reforms, energy recovery and faster digital adoption in key sectors.