HomeFinancial

Financial

Tax Law: Ombud Office Pledges to Boost Voluntary Compliance

Nigeria’s newly established Office of the Tax Ombud has pledged to restore taxpayer confidence and strengthen voluntary compliance.

No Clause Was Inserted Into New Tax Laws – Oshiomhole

‎No Clause Was Inserted Into New Tax Laws - Oshiomhole ‎ ‎Former Edo State Governor and Senator representing Edo North, Adams Oshiomhole, has pushed back strongly against criticisms of the Federal Government’s new tax laws, insisting that the reforms are progressive, transparent, and designed to protect...

Report Reveals Positive Outlook for Nigeria’s Economy

Report Reveals Positive Outlook for Nigeria's Economy   Africa’s biggest economy is targeting a period of reform-driven economic stability that could bolster growth and investor confidence, according to the 2026 Nigeria Macroeconomic Outlook by EnterpriseNGR in partnership with EY. The report, unveiled in Lagos on Thursday, forecasts...

FG Paid N152bn to Contractors Amidst Protests

FG Paid N152bn to Contractors Amidst Protests   The Federal Government has said it disbursed N152bn to contractors for what it described as verified contracts, amid lingering protests over outstanding payments. In a statement on Thursday, the Minister of State for Finance, Doris Uzoka-Anite, said the payments...

Bank Customers’ Complaints Rise by 143% as CBN Resolves 9,771 Cases

Bank Customers' Complaints Rise by 143% as CBN Resolves 9,771 Cases   The Central Bank of Nigeria (CBN) said it resolved 9,771 out of 10,704 bank customers’ complaints in the first half of the year (H1’25). CBN disclosed this in its latest Financial Stability Report, noting that...

Tight Monetary Policy Slashes Inflation by 10% – CBN

Tight Monetary Policy Slashes Inflation by 10% - CBN   Nigeria’s sustained monetary tightening has played a central role in slowing inflation, with research estimates showing that the Central Bank of Nigeria’s policy stance accounted for as much as 10 percentage points of the decline in...