Hafsat Ibrahim

External Reserves Rises to $47bn, Highest Since 2018

Nigeria’s external reserves have risen above $47 billion, their highest level since 2018, signaling renewed strength in the country’s external position and boosting confidence in the Central Bank of Nigeria’s (CBN) outlook.

‎Electronic Transfer of Taxes and the Cost of Misunderstanding, by Zekeri Idakwo Laruba

‎In markets, offices, WhatsApp groups and banking halls across Nigeria, one narrative has travelled faster than the reforms themselves, that the new tax laws introduced a fresh tax on electronic transfers and that government is now dipping directly into citizens’ money each time they send funds.

Inflation, the Naira, and the Everyday Nigerian Struggle, by Obamodi Oluwadamilola Faith

You don’t need a degree in economics to understand Nigeria’s inflation crisis. A simple visit to any local market tells the story more clearly than charts or policy papers ever could.

What Nigeria’s Public Debt Looks Like in 2026 Amid Tax Reforms, by Zekeri Idakwo Laruba

Even as President Bola Ahmed Tinubu’s administration intensifies efforts to expand Nigeria’s revenue base through sweeping tax and fiscal reforms.

After AI Deployment, CAC Processes 10,000 Business Registrations Daily

The Corporate Affairs Commission (CAC) says it now processes up to 10,000 business registration requests daily, following the deployment of artificial intelligence (AI) across its platforms.

CBN, NCC Propose Joint Audits to Tackle Failed Airtime, Data Transaction

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have proposed regular joint audits of banks, telecom operators.
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