The Federal Inland Revenue Service (FIRS) and the Kingdom of the Netherlands commenced the renegotiation of the Double Taxation Agreement between Nigeria and the Netherlands.

NERC Reveals Benin and Togo's $11m Electricity Debt to Nigeria   The Republics of Benin and Togo have failed to pay over $11m owed to Nigeria for electricity supplied in the first quarter of 2025, according to the latest report from the Nigerian Electricity Regulatory Commission...

World Bank Warns Nigeria, Others as Investors Shun Debt-ridden Economies   The World Bank has warned that foreign private capital is retreating from developing economies such as Nigeria and others due to rising debt levels and weak growth prospects, and called for urgent debt reforms. The warning...

CBN Reforms, Others Boost Nigeria’s Investment Profile   The founder of the Research Alpha fund and a veteran Asia-Pacific investor, Michael McGaughy, has said that the reforms put in place by the Central Bank of Nigeria (CBN) and others, such as the harmonisation of the foreign...

Only 20% of N25trn 2024 Budget Goes to Capital Projects   The Federal Government has spent just N4.99tn – only 20 per cent of its total N24.91tn budget – on capital projects in 2024, leaving the country’s infrastructure needs largely underfunded. Despite a significant rise in government...

The Federal Government spent N611.71bn in March 2025 to service its first-ever domestic US Dollar-denominated bond.