FG Commits Record N5.41tn to Security as Tinubu Intensifies War Against Terror   ‎ ‎President Bola Ahmed Tinubu has disclosed that the Federal Government has earmarked a record N5.41 trillion for defence and security in the 2026 budget, underscoring his administration's determination to intensify the fight against...

Telecoms Add $220bn to Africa’s GDP – Report   The telecommunications sector contributed $220bn to Africa’s economy in 2024, equivalent to 7.7% of GDP, according to the GSMA Mobile Economy Africa 2025 report. Speaking at a telecoms policy event in Kinshasa attended by President Félix Tshisekedi, Airtel...

NRS Launches Rev360 to Track Tax Defaulters, Simplify Compliance   The Nigeria Revenue Service (NRS) has launched Rev360, a digital tax administration platform designed to identify tax defaulters and simplify compliance for taxpayers. Executive Chairman Dr Zacch Adedeji described Rev360 as a transformational tool that will support...

Customs Seize ₦1.3bn Smuggled Vegetable Oil   The Nigeria Customs Service (NCS) says it seized ₦1.314bn worth of smuggled vegetable oil products across 2025 and 2026, as part of intensified efforts to curb illegal imports and protect local industries. Comptroller-General Adewale Adeniyi disclosed the figures during a...

Tax Reforms Must Protect Taxpayers, Ensure Fair Allocation – RMAFC   The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has stressed that Nigeria’s ongoing tax and revenue reforms must safeguard taxpayers while ensuring fair distribution of revenue across all tiers of government. Chairman Dr Mohammed Shehu made...

FG Debt Repayments Overshoot Budget by N2trn   Federal Government debt repayments exceeded the 2025 amended budget allocation by N1.90tn in the first nine months of the year, fresh data from the Budget Office of the Federation showed. The 2025 third quarter Budget Implementation Report showed that...