NRS Launches Rev360 to Track Tax Defaulters, Simplify Compliance   The Nigeria Revenue Service (NRS) has launched Rev360, a digital tax administration platform designed to identify tax defaulters and simplify compliance for taxpayers. Executive Chairman Dr Zacch Adedeji described Rev360 as a...

Customs Seize ₦1.3bn Smuggled Vegetable Oil   The Nigeria Customs Service (NCS) says it seized ₦1.314bn worth of smuggled vegetable oil products across 2025 and 2026, as part of intensified efforts to curb illegal imports and protect local industries. Comptroller-General Adewale Adeniyi...

Tax Reforms Must Protect Taxpayers, Ensure Fair Allocation – RMAFC   The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has stressed that Nigeria’s ongoing tax and revenue reforms must safeguard taxpayers while ensuring fair distribution of revenue across all tiers of...

Baze University Spotlights Indigenous Knowledge as Chancellor Offers ₦25m Research Support   The Founder and Chancellor of Baze University, Dr. Yusuf Datti Baba-Ahmed PhD FSAN, has pledged ₦25 million to support research into indigenous Nigerian knowledge systems following a thought-provoking inaugural...

FG Debt Repayments Overshoot Budget by N2trn   Federal Government debt repayments exceeded the 2025 amended budget allocation by N1.90tn in the first nine months of the year, fresh data from the Budget Office of the Federation showed. The 2025 third quarter...

CBN Increases Foreign Tuition Limit to $25,000   The Central Bank of Nigeria (CBN) has increased the maximum foreign exchange remittance for tuition payments by Nigerian students studying abroad to $25,000 per semester, up from the previous cap of $15,000. The adjustment...