Financial

The National Assembly has ordered the re-gazetting of four major tax reform laws amid public controversy over alleged post-passage alterations.

Former FIRS Chair Muhammad Nami Urges Probe into "Criminal Alteration" of Tax Laws   The immediate past Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has described the alleged tampering of the recently passed Tax Administration Act as a "shocking" and "criminal" assault...

The Federal Government has explained that implementing the new tax laws by January 1, 2026, is crucial to alleviate the tax burden on 98% of workers.

2026 Budget: Tinubu Presents ₦58.18trn to National Assembly President Bola Ahmed Tinubu has presented the ₦58.18 trillion 2026 Appropriation Bill to a joint sitting of the National Assembly, outlining a comprehensive fiscal and security roadmap aimed at consolidating economic recovery and strengthening national stability. Presenting the...

PenCom Begins Disbursing N758bn Pension Bond to Retirees   The National Pension Commission (PenCom) has commenced the disbursement of the N758 billion pension bond approved by the Federal Government to settle outstanding liabilities owed to retirees, marking a major step in addressing long-standing pension arrears. Speaking at...

World Bank to Approve $500m Loan for Nigeria Today   The World Bank is set to approve a $500m loan to Nigeria on Friday (today) as part of efforts to expand access to finance for micro, small and medium enterprises across the country. The proposed facility, titled...