Nigeria’s N40trn Revenue Target Under Threat From Tax Leakages —NRS
ABUJA—The Nigeria Revenue Service, NRS, has warned that persistent tax leakages, delayed remittances and weak compliance by some government institutions and sub-national entities could threaten...
Why Strengthening Nigeria’s Banks Matters
“The recapitalisation programme has strengthened the capital base of Nigerian banks, reinforcing the resilience of the financial system and ensuring it is well-positioned to...
CBN: Nigeria’s Fintechs Raised $520m In 2024, Remain Africa’s Innovation Leader — Calls For More Local Funding To Sustain Growth
Nigeria’s fintech sector maintained its position as Africa’s leading innovation hub in 2024, attracting over $520 million in equity funding despite rising global interest...
Tax Revenue Jumps 30% To N28.3trn In 2025
The Nigerian Revenue Service (NRS) generated N28.3 trillion in tax revenue in 2025, representing a 30 per cent increase over the N21.7 trillion recorded...
Nigeria’s Survival Lies With Non-Oil Sector – Says NEPC
The Nigeria Export Promotion Council says the nation’s economic survival lies with non-oil products. NEPC Trade Promotion Advisor, Bello Noma, stated this when he led...
Naira Depreciates By 0.4% At Official Market
The Naira on Tuesday recorded a slight depreciation at the official market, trading at N1,386.65 to the dollar. Data published on the Central Bank of Nigeria...
Standard Bank, Stanbic IBTC Complete $250m Financing Deal For Aradel Energy
A consortium led by Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and Standard Bank of South Africa has reached financial close on a...
COVID-19: Economic council meets Buhari, warns of recession
The Presidential Advisory Council on Tuesday warned about dire economic consequences for Nigeria if the raging coronavirus infection was not contained as quickly as...
Non-Exploitation Of Mineral Resources Responsible For Insecurity, Says Gov. Masari
Katsina State Governor Aminu Bello Masari has blamed the increasing spate of banditry and other forms of insecurity across the country on the failure...
Pound To Naira Exchange Rate Today, March 30, 2026
The British Pound Sterling opened the trading week with a notable upward trend against the Nigerian Naira, reflecting broader volatility in the global currency...
