Telecom Users Rejoice as FG Drops Levy 5%   The Federal Government has abolished the five per cent excise duty previously imposed on telecommunications services, including voice calls and data usage, in a move expected to ease cost pressures on millions of Nigerians. The National Orientation Agency...

Crude Oil Theft Plunges to Lowest Level in Over a Decade   Nigeria has achieved a significant breakthrough in curbing crude oil theft and losses, with figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showing a 50.2 per cent reduction in losses during the first...

2025 Budget Execution Set to Begins in September – FG   The Federal Government has announced that the implementation of the 2025 national budget will begin by the end of September, as execution of the 2024 fiscal plan winds down. This was disclosed by the Director-General of...

FG Rakes in N600bn VAT from Facebook, Others The Special Adviser on Tax Policy to the Chairman of the Tax Reforms Committee, Mr Mathew Osanekwu, has revealed that Nigeria has successfully collected over N600bn in Value Added Tax from global digital service providers such as...

President Bola Tinubu has ordered a Federal Executive Council committee to move swiftly on measures to further reduce food prices across the country.

Tinubu Orders Stricter Regulation of Stablecoin Operations President Bola Tinubu has directed financial and capital market authorities to monitor the increasing use of stablecoins and digital currencies in Nigeria, cautioning that the shift away from traditional banking systems presents emerging challenges that must be proactively...