FG Begins New Withdrawing Tax Policy  The Federal Government has commenced the implementation of the 2024 Withholding Tax Regulations, signalling effort to modernise Nigeria’s tax system. Approved by President Bola Tinubu in July 2024 and published in the Official Gazette in October, the revised regulations became...

The Academic Staff Union of Universities (ASUU) has expressed disapproval of the Federal Government’s allocation of just 7 percent (N3.52 trillion) to education in the 2025 budget. 

Taiwo Oyedele, Chairman of the Presidential Advisory Committee on Fiscal Policy and Tax Reform, has clarified that individuals earning N1.7 million or less a month will see a reduction in Pay As You Earn (PAYE) taxes under the proposed Tax Amendment Bills, contrary to some speculations. 

According to the latest data from the Central Bank of Nigeria's (CBN) Money and Credit Statistics, Nigerians withdrew N364.38bn from banks in November 2024 due to the cash scarcity affecting many parts of the country. 

The Nigerian stock market wrapped up yesterday with a 37.65 percent return for the year, placing it among the three highest returns worldwide. 

Marketers Predict Fuel Price Drop as Warri Refinery Resumes Production   The Nigerian Midstream and Downstream Petroleum Regulatory Authority and oil marketers have announced that the resumption of operations at the Warri Refining and Petrochemicals Company Limited is expected to lead to a further reduction in...