Economy

Latest Economy News

Tinubu blames colonial tax system for poverty, unveils reform benefits

President Bola Tinubu has said that Nigeria’s colonial-era tax laws contributed to…

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Nigeria’s public debt rises to N159.28 trillion in December 2025 – DMO

Nigeria’s total public debt increased to N159.28 trillion as of December 31,…

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Wale Edun rules out fuel subsidy return amid rising petrol costs

  The Minister of Finance and Coordinating Minister of the Economy, Wale…

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Despite video evidence, Taiwo Oyedele denies admitting errors in new tax laws

The Minister of State for Finance, Taowo Oyedele, has denied acknowledging errors…

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Nigeria moves beyond oil dependence — Study

Nigeria’s revenue structure has shifted significantly over the past decade, with tax…

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When ignorance masquerades as economic critique: A rejoinder to Suyi Ayodele, by Tanimu Yakubu

  There is criticism, and there is confusion elevated to performance art.…

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Report: Nearly 60% of Nigerians earn below N100,000 or have no income

Three in five Nigerians earn below N100,000 monthly or have no income,…

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Nigeria’ll pay heavy price if Iran war prolongs, Dangote warns

Nigeria’s foremost industrialist, Alhaji Aliko Dangote, has warned that Middle-East tensions driving…

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Nigeria’s net reserves surge to $34.80 billion by December 2025 – CBN

Nigeria’s net foreign exchange reserves rose to $34.80 billion at the end…

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FAAC allocations may rise by N15trn after Tinubu’s Executive Order – Report

  The federal, state, and local governments may receive additional revenue allocations…

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