FIRS Meets 2025 Oil and Gas Revenue Target for First Time in Years
The Federal Inland Revenue Service (FIRS) has achieved its 2025 oil and gas sector revenue target — the first time ...
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Tag: #NigeriaEconomy
Petrol Price Set to Drop Below N900 as Dangote Refinery Cuts Ex-Depot Rate
The pump price of petrol in Nigeria is projected to fall below N900 per litre following Dangote Petroleum Refinery’s decision ...
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NAICOM Sets Up 2025 Recapitalisation Committee to Drive Insurance Sector Reform
The National Insurance Commission (NAICOM) has inaugurated the 2025 Recapitalisation Committee, marking a major step towards overhauling Nigeria’s insurance industry ...
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States’ External Debt Service Hits N235.58bn in H1 2025
Nigerian states collectively spent about N235.58bn on servicing external debt obligations in the first half of 2025, according to an ...
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FIRS Rolls Out E-Invoicing System to Boost Tax Compliance and Transparency
The Federal Inland Revenue Service (FIRS) has officially launched an electronic invoicing solution (e-invoicing) aimed at transforming tax payment processes ...
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NEITI Report Reveals Kaduna Spent 32% of 2024 Federal Allocations on Debt Servicing
A new report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that Kaduna State spent ₦51.2 billion—representing 32 ...
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Tinubu Signs Landmark Nigerian Insurance Industry Reform Bill into Law
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill, 2025 into law, marking a significant milestone in ...
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IMF Raises Nigeria’s 2025 Growth Forecast to 3.4%, Urges Structural Reforms
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast upward, projecting a 3.4% GDP growth in 2025 and ...
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Nigeria’s Economy on Steady Course Despite Global Shocks — CBN Governor
As global headwinds continue to pressure financial markets, the Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, ...
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Nigeria Loses $18bn Yearly to Illicit Financial Flows — FIRS Chairman
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has revealed that Nigeria loses $18 billion ...
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