The Federal Government has announced that Nigerians should anticipate a continued decline in the prices of…
Category: Business
CBN Projects 4.49% GDP Growth, Inflation to Ease to 12.94% in 2026
Nigeria's economy is exhibiting early signs of stabilisation, with the Central Bank of Nigeria projecting stronger…
Lagos Gold Refinery Is Privately Owned, Not FG Project — Solid Minerals Ministry
The Federal Ministry of Solid Minerals Development has strongly refuted allegations by the Northern Elders Forum…
First Abu Dhabi Bank Plans Nigerian Expansion Amid Strengthening UAE-Nigeria Ties
First Abu Dhabi Bank (FAB), the UAE’s largest bank, has announced plans to open a branch…
Agents, Tax Authorities Clash Over 7.5% VAT on Bank Transfers
The National President of the Agents Association of Nigeria, Sarafadeen Atanda Fasasi, has strongly opposed the…
NRS Denies VAT Levy on Bank Transfers, Says Tax Applies Only to Service Charges
In a statement issued on Thursday, the federal tax authority described recent media coverage suggesting that…
FG Directs Banks, Fintechs to Collect 7.5% VAT on Electronic Transaction Fees
The Federal Government has issued a requiring all deposit money banks and financial technology companies to…
Nigeria’s Inflation Falls to 15.15% in December After Statistical Rebasing, NBS Reports
Nigeria's headline inflation rate declined to 15.15 per cent in December 2025 following a comprehensive methodological…
Banks, Fintech to collect 7.5% VAT as FG order Directives
The Federal Government has issued a directive requiring all deposit money banks and financial technology companies…
