Economy

FG orders banks, fintechs to begin 7.5% VAT on e-banking services

The Federal Government has instructed banks and fintech companies to begin charging and remitting…

Nigeria’s economy set for fastest growth in 2026 — World Bank

The World Bank has said Nigeria is on course to record its fastest economic…

Oyedele dismisses KPMG concerns over new tax laws

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has…

Consultant discovers 8,452 ghost workers on Osun payroll

A forensic audit firm, SALLY TIBBOT Consulting Limited, has alleged that the Osun State…

Jersey to return $9.5m looted cash to Nigeria

The Bailiwick of Jersey has agreed to return more than $9.5 million in looted…

No tax on bank savings, only transfers attract ₦50 — CITN

The Chartered Institute of Taxation of Nigeria has clarified that Nigerians are not being…

Tinubu names Magnus Abe for NUPRC board chair

President Bola Tinubu has nominated former Rivers South-East senator, Magnus Abe, as chairman of…

NRS boss alerts security agencies over anti-tax protest rumours

The Chairman of the Nigeria Revenue Service, Zacch Adedeji, has alerted security agencies over…

Banks shut 229 branches as PoS use surges – Report

Nigeria’s banking sector shut down 229 physical branches within one year as more customers…

Tax reforms: Opposition driven by wealthy taxpayers, says ex-CITN president

Former president of the Chartered Institute of Taxation of Nigeria, Gladys Simplice, has called…

FG won’t debit bank accounts under new tax laws – Oyedele

The Federal Government has assured Nigerians that the new tax laws scheduled to take…

Dangote offers 10-day credit to fuel dealers

The Dangote Group has announced a 10-day credit facility for petrol station owners and…

NNPC restores Escravos–Lagos gas pipeline after blast

The Nigerian National Petroleum Company Limited has restored full operations on the Escravos–Lagos Pipeline…

Domestic airlines alleging 18 taxes are liars, NCAA rejects airfare hike blame

The Nigerian Civil Aviation Authority has dismissed claims that multiple taxes are responsible for…

Fuel price war will favour consumers – NNPCL boss

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari,…