Headline Inflation Eases to 15.15% in December 2025 – NBS  Nigeria closed 2025 with headline inflation easing to 15.15% in December, a sharp moderation from the 34.80% recorded in the corresponding period of 2024, according to data released by the *National Bureau of Statistics (NBS)...

FG Targets Revenue Expansion, Tax Compliance as 7.5% VAT Takes Effect on Mobile Transfers, USSD The Federal Government has announced the implementation of a 7.5 per cent Value Added Tax (VAT) on selected electronic banking services, citing the need to strengthen tax compliance, broaden the...

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has warned that the reforms will come with some pain, but it's a necessary step towards progress.

Sixty-two disengaged staff members of the Central Bank of Nigeria (CBN) have asked a national industrial court in Abuja to dismiss an application by the bank seeking to change the procedure of their lawsuit.

Naira Gains in Black Market, Slides at Official Window on Jan 9 The naira strengthened against the U.S. dollar on Friday, January 9, in the parallel market, but weakened slightly at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the...

Telcos, Banks Get March Ultimatum on Airtime Refunds   Banks and telecommunications operators in Nigeria have been given a March 1, 2026, deadline to fully implement a new refund framework aimed at resolving persistent consumer complaints over failed airtime and data transactions. The deadline follows the conclusion...