Brace Up for Fresh Electricity Tariff Hike, FG tells Nigerians The Federal Government says plans are ongoing to increase electricity tariffs “over the next few months”. It, however, said that the planned increase needed to be balanced by subsidies for less-affluent electricity users. Bloomberg quoted the Special...

Nigerian Stock Market Records N1.95trn Gain in January   Despite cautious trading sentiment among investors, the Nigerian stock market experienced a remarkable surge in January 2025, with its market capitalization increasing by a significant N1.95 trillion. This emerged as the Minister of Finance and Coordinating Minister of...

Nigeria Lands $1.1bn AfDB Deal to Power 5m People by 2026 Nigeria President Bola Tinubu has acknowledged securing a $1.1 billion fund from the African Development Bank (AfDB) for the provision of electricity for 5 million people by the end of 2026. Tinubu also stated that...

FG Targets $3bn Annual Revenue from Single Window Trade Facility The federal government is targeting over $3 billion annually through the National Single Window (NSW), a unified digital platform introduced to overhaul Nigeria’s trade system and solidify its role as a regional transhipment hub. Launched in...

Tinubu Inherited N87.38trn Debt not N21trn – DMO The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21 trillion in public debt which arose to N142 trillion. In a statement issued by the DMO on Monday, the agency...

Tax Reform Bills: BetweeN Oyedele’s Boldness and Governors’ Interests‎, by Ajibade Esther Mosunmola ‎ ‎The introduction of President Bola Tinubu’s Tax Reform Bill has ignited widespread debate across the country, dividing opinions between supporters and critics. Tax reform is generally pursued to enhance tax administration and...