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Fiscal policy

FG’s N70,000 transport allowance for workers could cost N465.7 billion as TUC rejects the deal

Nigeria’s 70,000 naira transport allowance could cost 465.7 billion naira over six months, and the Trade Union Congress says workers need a permanent raise instead.

Lagos residents, employers and workers must get health insurance by Dec. 31

Governor Babajide Sanwo-Olu says residents, employers and workers must get covered by Dec. 31 ahead of mandatory health insurance enforcement from Jan. 1, 2027.

Nigeria Losing Billions to Illicit Financial Flows, Says IMF

The IMF says illicit financial flows are worsening Nigeria’s revenue crisis as it pledges renewed support to track illegal fund movements.

Tax Reform Bills Move Forward in the Senate

Key challenges resolved, Senate set to pass tax reform bills.

Nigeria 2025: Deepening Poverty and Economic Hardship

Budget short falls, inflation and a decline in manufacturing is what the economic experts foresee this year, 2025, which shall be deeper poverty for the average Nigerian

Nigeria Earns $1.7 Billion in Taxes from Foreign Firms Over 9 Months

Nigeria's tax revenue from foreign firms surged 44% in 9M 2024, hitting N2.57 trillion, amid compliance efforts.

Tax Reform Bills to Get National Assembly Scrutiny, Public Interest First

Experts agree on the possible pros and cons of proposed tax reform bills but Nigerians can be assured that the National Assembly will thoroughly deliberate on it in the interest of the country.

Senate to FG: End Tax Breaks for Corporations Now

The Senate has called on the Federal Government to stop giving tax breaks and...

Nigeria’s Account Gains N1 Trillion Monthly After Subsidy Removal

Nigeria's Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, recently...

Nigeria’s Fiscal Dilemma: Rethinking Budget Funding Beyond Borrowing

In a pivotal address to the joint Senate Committee evaluating the 2024-2026 Medium Term...

 “No New Taxes for Nigerians,” Assures Presidential Committee Chairman

In a reassuring move for businesses and the general populace, the Chairman of the...

Latest articles

FG’s N70,000 transport allowance for workers could cost N465.7 billion as TUC rejects the deal

Nigeria’s 70,000 naira transport allowance could cost 465.7 billion naira over six months, and the Trade Union Congress says workers need a permanent raise instead.

Lagos residents, employers and workers must get health insurance by Dec. 31

Governor Babajide Sanwo-Olu says residents, employers and workers must get covered by Dec. 31 ahead of mandatory health insurance enforcement from Jan. 1, 2027.

Bandits Abduct Over 10 Passengers Travelling to Abuja

KEY POINTS Bandits reportedly abducted over 10 passengers and a driver travelling from Kebbi...

Swiss Authorities Confirm Ebola Patient’s Safe Arrival

KEY POINTS Ebola patient and husband arrive safely in Switzerland for treatment and isolation. ...