HomeNews

News

Inflation Rises to 15.38% in March — NBS

Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, up from 15.06 per cent recorded in February, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS), released on Wednesday.

New Tax Laws will Create Opportunities for Prosperity – Tinubu

President Bola Tinubu, on Tuesday in Abuja, said colonial-era tax laws impoverished Nigerians through fragmentation, multiplicity, and inconsistencies, and assured that the new reforms will deliver greater prosperity and inclusivity. 

Nigeria’s Economy Set to Beat Major Global Peers by 2027 – IMF

Nigeria’s economy is projected to grow faster than that of eight major economies, including the United States, United Kingdom, and Germany, by 2027, according to the International Monetary Fund (IMF).

Tinubu Commissions NRS HQ, Pledges End to Revenue Leakages

President Bola Tinubu says his administration’s economic reforms are designed to confront structural weaknesses, restore fairness, and rebuild confidence in public institutions.  

Fuel Now 50% Cheaper Than Global Average, No More Queues – NRS Boss

The Chairman of the Nigeria Revenue Service, Zacch Adedeji, has defended Nigeria’s current fuel pricing, stating that petrol is now significantly cheaper compared to global benchmarks, while also highlighting the disappearance of fuel queues across the country.

Cash Outside Banks Falls to N5.20trn in February

Nigeria’s cash liquidity cycle showed signs of normalisation in February 2026, as currency held outside banks fell slightly by 0.058% to ₦5.20 trillion, reflecting easing demand for physical cash after the year-end spending surge.