Naira Reverses Gain at Black Market, Steady at Official Window on Jan 19 The naira weakened against the U.S. dollar on Monday, January 19, in the parallel market, reversing the gains recorded on Friday, while remaining stable at the Nigerian...

Why Well-Meaning Nigerians Should Support Tax Reform By Demola Bakare Nigeria stands at a familiar crossroads. On one path lies the comfort of resistance—loud objections, recycled mistrust, and the temptation to dismiss reform as yet another burden on the people. On...

Emir of Ilorin Declares Ita-Nmo Market Land Public Asset, Confirms Saraki’s Historic Donation The Emir of Ilorin and Chairman of the Kwara State Traditional Rulers Council, Alhaji (Dr.) Ibrahim Sulu-Gambari, CFR, has formally dismissed recent claims of private ownership over...

Osita Chidoka Breaks Down VAT Reform, Cautions South-East: “VAT Belongs to States, Not Traders” Former Chairman of the Federal Road Safety Commission (FRSC), Mr. Osita Chidoka, has weighed into the ongoing national debate on Value Added Tax (VAT) reform, dismissing...

NFIU Hails EU Delisting of Nigeria from High-Risk Countries; Cites "External Validation" of Reforms The Nigerian Financial Intelligence Unit (NFIU) has officially welcomed the decision by the European Union (EU) to remove Nigeria from its list of high-risk third countries,...

Naira Appreciates Across Markets on Jan 16 The naira strengthened against the U.S. dollar on Friday, January 16, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded...