- Sunday, June 14, 2026
BusinessDay
…As banks’ risk appetite wanes Credit to Nigeria’s private sector fell to an 18-month low in September 2025 as a...
The Federal Inland Revenue Service (FIRS) has issued a directive on the application of Withholding Tax (WHT) to interest earned...
…Slows for 7th consecutive month to 16.1% as food inflation drops Nigeria’s inflation rate fell for the seventh consecutive month...
Banking transactions conducted through Web Pay, also known as internet banking, surged to ₦542.98 trillion in the first quarter (Q1)...
Food inflation has again dropped in October 2025 to 13.12 percent, down from 16.87 percent in September, following the easing of prices......
…slows for the 7th consecutive month to 16.1% paving the way for a rate cut Nigeria’s inflation rate fell again...
A Tax Identification Number (TIN), now formally referred to as a Tax ID under the Nigeria Tax Administration Act (NTAA)...
International Oil Companies (IOCs) can now claim tax deductions on their costly decommissioning and abandonment (D&A) expenses if they deposit...
For only the second time in history, S&P Global Ratings has upgraded Nigeria’s outlook to ‘positive’ from ‘stable,’ while affirming...
The naira closed the second week of November flat across the various foreign exchange markets, even as Nigeria’s external reserves...
S&P Global Ratings has revised its outlook on Nigeria to “positive” from “stable,” while also affirming Nigeria’s long-term and short-term...
President Bola Ahmed Tinubu, on June 26, signed into law four new tax bills. Among the key outcomes is a...
Nigeria’s ongoing tax reforms are not about introducing new levies or imposing additional burdens on citizens, despite widespread misconceptions. Rather,...
Nigeria’s pension and gratuity obligations continue to expose the fragility of state finances, with only eight out of 36 states...
Effective January 1, 2026, Nigeria’s new rent relief provision will allow tenants to reduce their annual tax bills by deducting...
