Reps Release Certified True Copies of Four Tax Reform Bills
By Oluwakemi Kindness The House of Representatives Release Certified True Copies of Four Tax Reform Bills on Saturday night released the Certified True Copies (CTCs) of the four major tax reform laws following the circulation of unauthorised and misleading versions. The move, according to a statement is directed by the Speaker of the House, Abbas Tajudeen, […]
SEC to Prioritise Long-term Capital to Bridge Infrastructure Gap
By Oluwakemi Kindness The Securities and Exchange Commission (SEC) says it is prioritising the mobilisation of long-term capital to bridge Nigeria’s infrastructure and sectoral gap. This is while it is streamlining regulatory frameworks and facilitating the issuance of innovative financial instruments to channel disciplined capital into productive sectors of the economy. This was disclosed by […]
I Resigned as Finance Minister to Protect the Office – Kemi Adeosun
By Oluwakemi Kindness Former Minister of Finance, Kemi Adeosun, says her resignation from the cabinet of late President Muhammadu Buhari in September 2018 was a principled decision taken to protect the Office of the Minister of Finance and safeguard her personal integrity. Adeosun made the clarification on Friday while speaking on a Natuonal Television, where […]
Budget Office Defends Integrity of Newly Enacted Tax Reform Acts
By Oluwakemi Kindness The Budget Office of the Federation has defended the integrity of Nigeria’s newly enacted Tax Reform Acts, dismissing claims that the laws were altered after passage and warning against what it described as governance driven by speculation and unverified information. In a statement issued on Wednesday, the Office said allegations of post-passage […]
Nigeria Revenue Service Unveils Official Logo to Replace FIRS
By Oluwakemi Kindness The Nigeria Revenue Service (NRS) has officially unveiled its logo, marking the formal transition from the Federal Inland Revenue Service (FIRS) following the enactment of the Nigeria Revenue Service Establishment Act, 2025. The unveiling ceremony, held on Wednesday in Abuja, comes months after President Bola Tinubu signed the enabling law in June […]
Tinubu Assures Nigerians of Stronger Economy, Improved Security in 2026
By Chinedu Echianu President Bola Tinubu has expressed optimism that 2026 will be a year of greater prosperity, stability and inclusive growth for Nigeria, assuring citizens that the economic reforms embarked upon by his administration are already yielding measurable results. In a New Year address to the nation on January 1, 2026, the President said […]
Nigeria’s PMI Rises to 57.6 Points, Hits Five-Year High — CBN
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says the country’s business activity expanded to its strongest level in about five years in December, with the Composite Purchasing Managers’ Index (PMI) rising to 57.6 points. In a statement issued on Tuesday night by the Acting Director of Corporate Communications, Hakama Sidi-Ali, the apex bank […]
Nigeria Posts $4.6bn Balance of Payments Surplus in Q3 2025 – CBN
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says Nigeria recorded an overall Balance of Payments (BOP) surplus of $4.60 billion in the third quarter of 2025, a turnaround from the deficit recorded in the previous quarter. According to the CBN in a satement on Tuesday night, the improvement was driven by a current […]
No Extension for July 30, 2026 Recapitalisation Deadline – NAICOM
By Oluwakemi Kindness The National Insurance Commission (NAICOM) has declared that there will be no extension of the July 30, 2026 recapitalisation deadline for insurance companies operating in Nigeria. The Commissioner for Insurance, Olusegun Ayo-Omosehin, stated this on Tuesday in Abuja while speaking at a seminar for insurance journalists. He was represented at the event […]
NDIC Seeks Exemption from 50% Cost-to-Income Policy
By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) says it is seeking an exemption from the Federal Government’s 50 per cent cost-to-income ratio policy. The NDIC cited its impact on the Corporation’s ability to build a strong Deposit Insurance Fund and respond effectively to bank failures. The Managing Director and Chief Executive of NDIC, […]