Tinubu’s Tax Leap and the Ghosts of Federalism
By Egiganya Jo-Madugu
Nigeria has long struggled with an underperforming tax system, marred by inefficiency, outdated laws, low compliance, and a weak revenue base. Over time, several reform efforts have been introduced to strengthen the system and boost...
Tinubu's Tax Reforms and the Trust Deficit
By Bilkisu Ahmed Shekarau
For as long as I can remember, Nigeria has had one reform or the other aimed at fixing our broken tax system. Each one arrives with bold promises—more revenue, less corruption, better governance—but somehow, the...
FG to Reclaim Dormant Oil Fields, Begins License Review
The Federal Government has declared an end to what it described as the “era of speculative licensing,” where companies acquire oil blocks but fail to develop them, hence putting an end to dormant oil fields.
This came...
Nigeria Records 3.7% Economic Growth on Oil, Business Gains in H1
The Nigerian economy is estimated to have grown by about 3.7 per cent in the first half of 2025, driven by improved business conditions and increased oil production.
This was revealed in the Stanbic IBTC...
FG Eyes $185m Annually as MTN Builds Cloud Infrastructure
Starting next year, Nigeria is expected to save $185 million every year hitherto spent by Nigerians to host their data in Google, Amazon and Microsoft as MTN Nigeria’s $150m tier 3 data centre with cloud infrastructure...
Naira Strengthens Against Dollar in Official, Black Market
The Nigerian Naira remained steady against the US dollar on Tuesday, June 1, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment.
In the black market, currency dealers in...
