Law, Policy & The Economy

Nigeria’s FAAC Allocations Hit N1.79 trillion in Q1 2025

Nigeria’s FAAC Allocations Hit N1.79 trillion in Q1 2025

Nigeria’s Federation Account Allocation Committee (FAAC) disbursements in Q1 2025 showcased significant growth, with total FAAC allocation reaching N1,796.5 billion,… Read More

10 hours ago

IMF Warns of Nigeria’s Widening Fiscal Deficit Amid Falling Oil Prices in 2025

Nigeria’s economic reforms have revitalized investor sentiment, signaling a brighter outlook for Africa’s largest crude producer. However, declining oil prices… Read More

5 days ago

Nigeria Launches $40M ICT Project to Transform Tertiary Education

The Federal Government of Nigeria has unveiled a transformative $40 million ICT project to revolutionize tertiary education. Funded by the… Read More

6 days ago

Lagos State Enforces Ban on Single-Use Plastics, Despite MAN’s Plea

The Lagos State government has launched the enforcement of its ban on single-use plastics, effective July 1, 2025, targeting items… Read More

6 days ago

Naira Gains on Declining Broad Money Supply (M3)

The naira appreciated against the US dollar, with the Central Bank of Nigeria (CBN) reporting a spot rate of N1,529.71… Read More

6 days ago

$7.7 Trillion Global Halal Economy: Can Nigeria Ride the Halal Wave to Global Prominence?

The global halal economy has been projected to reach $7.7 trillion by 2025. It had only stood at $3.2 trillion… Read More

1 week ago

Nigeria Eyes 18% Tax-to-GDP Ratio by 2028 – Taiwo Oyedele

Nigeria is poised to transform its fiscal landscape, targeting a tax-to-GDP ratio increase from under 10% to at least 18%… Read More

1 week ago

New Tax Law: What It Means for Individuals, Businesses, Economy

President Bola Ahmed Tinubu on Thursday signed the Tax Reform Bill into law. Here is what the new law means… Read More

2 weeks ago

How Trump’s Remittance Tax Could Disrupt Nigeria’s Financial Sector

President Donald Trump’s proposed 3.5% remittance tax, embedded in the ambitious One Big Beautiful Bill, is set to reshape the… Read More

3 weeks ago

Sen. Natasha Akpoti-Uduaghan: Abuja Court Rejects FG’s Bench Warrant Application

Justice Musa Umar of the Federal High Court in Abuja on Monday rejected a request by the Federal Government to… Read More

3 weeks ago