It was a jubilation period for Nigeria as Islamic scholars from United States, Saudi Arabia and many other countries arrived Nigeria for a major event.
The Nigerian FG has introduced 50 new tax breaks and reliefs aimed at easing financial pressure on small businesses and low-income earners particularly.
The naira weakens to ₦1,445.68/$ despite CBN's dollar sales, while Nigeria's external reserves rise to $45.45bn, highlighting ongoing currency stability challenges.
Ten Nigerian states plan to raise about N4.287 trillion from loans, bonds, grants, and public-private partnerships to fund their 2026 budget proposals.
Nigeria's revenue system transforms with the Federal Inland Revenue Service evolving into the Nigeria Revenue Service in January 2026, boosting transparency.
The NNPCL has written off subsidy arrears and other debts owed by the federal government amounting to N4.01 trillion, following a reconciliation of accounts.
Nigerians can now apply for interest-free loans up to ₦300,000 via GEEP for 2026, supporting micro and small enterprises, fostering financial inclusion and growth.
The Federal Government launches an online Tax ID Portal for effortless retrieval of tax IDs from January 1, 2026, simplifying compliance for Nigerians.
The Federal Government has reassured investors that the US air strike in northern Nigeria was aimed at strengthening security and economic stability.
Nigeria's external reserves hit a five-year high, reflecting improved FX stability and naira outlook, driven by CBN reforms and investor confidence amidst volatility
Africa has long been discussed as an emerging economic frontier, but recent trends suggest the continent may be poised for a new level of investment interest.
Economy
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