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FG Reveals Why New Tax Laws Must Take Effect from January

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

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

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

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...

149 Firms Still Enjoy Tax Holidays Under New Law – FG

149 Firms Still Enjoy Tax Holidays Under New Law - FG   A total of 149 companies currently enjoying pioneer status incentives will retain their tax holidays for at least two more years, despite Nigeria’s transition to a new tax regime scheduled to take effect from...

Debt Service, Salaries Gulp 105% of FG Revenue

Debt Service, Salaries Gulp 105% of FG Revenue   Debt service and personnel costs have swallowed more than the Federal Government’s total revenue for the first seven months of 2025, even as receipts fell sharply below target and capital projects suffered deep cuts. An analysis of the 2026–2028 Medium-Term...