FG Rules Out Fresh Taxes for Fuel, Telecom Sector   The Federal Government on Wednesday dismissed reports suggesting it had adopted or was considering the introduction of new taxes on telecommunications services and petroleum products following recommendations contained in the latest IMF Article IV Consultation Report...

The Federation Account Allocation Committee (FAAC) shared ₦2.3 trillion among the Federal Government, states, and local governments

Nigeria’s external reserves climbed by over $1 billion in the first half of June 2026, strengthening the country’s foreign exchange buffers, according to Central Bank of Nigeria (CBN) data.

Headline inflation has climbed to 15.93% in May 2026, according to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS). 

Again, Senate Extends 2025 Capital Budget Implementation to September   The Nigerian Senate has approved a three-month extension for the capital component of the 2025 Appropriation Act, shifting the deadline from June 30 to September 30, 2026. The move, adopted after a motion by Senator Tahir Monguno,...

Tinubu Unveils N4tn Power Sector Rescue Plan, Targets Improved Electricity Supply ‎ ‎President Bola Ahmed Tinubu has unveiled a fresh N4 trillion intervention plan aimed at revitalising Nigeria’s struggling electricity sector, describing reliable power supply as a critical component of his administration’s economic transformation agenda. ‎ ‎Speaking during...