Tinubu: Reforms Saved Nigeria’s Economy from Bankruptcy
By Oluwakemi Kindness President Bola Tinubu says his administration’s reforms rescued Nigeria’s economy from bankruptcy and placed the country on a path to prosperity. The President made the remarks on Tuesday at the State House, Abuja, while receiving the leadership of the Catholic Bishops’ Conference of Nigeria (CBCN), led by its President, Most Rev. Matthew […]
Tax Transition Guidelines Will Ensure Fairness, Clarity – Oyedele
By Oluwakemi Kindness The minister of Finamce and Coordinating Minister of the Economy, Taiwo Oyedele, says the Federal Government’s newly released guidelines for implementing the Tax Acts 2025 will ensure a smooth and fair transition to Nigeria’s new tax regime. Oyedele said the guidelines provide a clear framework for handling issues that may arise as […]
Reps Approve Extension of 2025 Capital Budget
By Oluwakemi Kindness The House of Representatives has passed a bill seeking to extend the implementation period for the capital component of the 2025 Appropriation Act by an additional three months, shifting the deadline from June 30 to September 30, 2026. The bill, which amends the 2025 Appropriation Act, was presented during an emergency plenary […]
CBN Pledges Reform Continuity as Cardoso Gets Global Award
By Oluwakemi Kindness Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to sustaining monetary and financial sector reforms aimed at restoring economic confidence, strengthening institutional credibility, and driving long-term growth. Cardoso made the pledge while receiving the prestigious Central Bank of the Year Award at the Central […]
Nigeria Credit Rating Upgrade Boosts Reform Debate
By Oluwakemi Kindness Nigeria’s recent sovereign credit rating upgrade from B- to B has renewed discussions on the country’s economic direction and what it means for ordinary citizens. The upgrade reflects growing confidence in Nigeria’s ongoing economic reforms, although the country still remains below investment-grade status. To address these critical milestones, DataPro Limited, Africa’s fastest-growing […]
ATAF Audit Drive Yields $907.8m Across Africa
By Oluwakemi Kindness The African Tax Administration Forum says tax audit interventions it supported across member countries generated $907.8 million in tax assessments in 2025, with governments successfully recovering $685.8 million. According to the ATAF’s 2025 Annual Report released on Friday, the revenue came from transfer pricing audits, digital services taxes, and cross-border Value Added […]
CBN Warns States Against Excessive Borrowing
By Oluwkemi Kindness The Central Bank of Nigeria has warned that reckless borrowing, unplanned spending, and poor fiscal coordination by State Governments could undermine Nigeria’s planned transition to an Inflation Targeting monetary policy framework. Speaking during an engagement with sub-national stakeholders organised through the Nigeria Governors’ Forum Secretariat, the Deputy Governor in charge of Economic […]
Nigeria Rejects IMF Bailout, Backs Homegrown Reforms – Edun
By Oluwakemi Kindness Nigeria has ruled out seeking financial support from the International Monetary Fund IMF, expressing growing confidence in its homegrown economic reforms. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known while addressing African finance ministers on the sidelines of the IMF/World Bank Meetings in Washington. A […]