What $55 Oil Means for Nigeria
CardinalStone’s central case—an average oil price of about $55 per barrel in 2026—is materially below the Federal Government’s 2026 budget
Michael Afonce
January 8, 2026
- May 24, 2026
CardinalStone’s central case—an average oil price of about $55 per barrel in 2026—is materially below the Federal Government’s 2026 budget
Nigeria’s 2026 federal budget, projected at approximately ₦58.2 trillion, is not merely another annual spending plan. It is a defining
Nigeria’s fiscal governance is sending mixed and increasingly confusing signals. Taken together, recent developments raise a fundamental question for investors,
President Bola Ahmed Tinubu has firmly rejected calls for the suspension or delay of Nigeria’s newly enacted tax laws, insisting
The dispute between Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, and Peoples Gazette centres on
In a commentary for The Brookings Institution, Bright Simmons advanced a sharply contrarian position on Africa’s debt debate, arguing that
Senate Confirmation Triggers Constitutional Alarm Former Vice President Atiku Abubakar has warned that the Tinubu Tax Act is constitutionally invalid
Afrinvest has raised concerns about Nigeria’s 2026 fiscal outlook, describing the 2026 budget deficit assumptions of about N23.9 trillion as
President Bola Tinubu has approved a significant internal reallocation of authority within Nigeria’s finance architecture, transferring several core responsibilities from
The Federal Inland Revenue Service (FIRS) has confirmed that the National Identification Number (NIN) has now automatically become a Tax
A structural flaw at the heart of Nigeria’s fiscal framework Nigeria’s recurring budget shortfalls are often framed as a revenue
President Bola Ahmed Tinubu on Friday presented the N58.18 trillion 2026 Appropriation Bill to a joint session of the National
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