Supreme Court Verdict and Naira's Resurgence By Zekeri Idakwo The Supreme Court’s judgement on Thursday had a positive impact on the Naira, which had been under pressure from inflation, insecurity, and foreign exchange scarcity. The Naira appreciated against the US dollar and other major currencies on...

Tinubu to Present 2024 Budget to N'Assembly in November - Senate President Bola Tinubu will present the 2024 budget to the National Assembly in the next two weeks. The President will also submit the supplementary budget for 2023 to the National Assembly for consideration. The Chairman, Senate...

FG to Implement Telecoms Tax to Boost Revenue   The Federal Government is set to implement excise duty on telecommunication services to boost its revenue base. It disclosed this in its newly released 2024-2026 Medium-Term Expenditure Framework and Fiscal Strategy Paper. It would be recalled that President Bola...

FG to Clear FX Backlog, Attract More Investors President Bola Tinubu has reiterated his pledge to clear the foreign exchange backlogs, as a way of resetting the finance ecosystem and attracting fleeing investors back to the country. The reassurances came as forex scarcity bites harder, leading...

FG to Achieve N24.54trn Revenue Inflow into Federation account 2024 Revenue accruals to Federation Account is projected to rise to N24.54 trillion in 2024 from N11.86 projected in 2023. Of this figure, revenue from the main pool is projected to be N20.70 trillion while Value Added...

FG Eyes $1trn Economy Growth in 2026, $4trn in 2035 –Tinubu The Federal Government has promised that Nigeria’s economy will grow to $1trillion in 2026 and $4 trillion by 2035. Declaring open the 29th Nigerian Economic Summit (NES #29), yesterday, in Abuja, President Bola Ahmed Tinubu,...