President Bola Tinubu and the ruling APC have announced the state where they will kick off their 2027 election campaign and revealed the date for the launch.
OpenAI on Monday released the latest version of its highly anticipated Sora video generator to the public, stepping into an increasingly crowded field of AI tools that has raised concerns about disruption to creative industries.
Nigeria's digital economy is booming as 250,000 creators reshape marketing with performance-led strategies, driving trust and engagement via influencer partnerships.
The federal government has released guidelines for Nigeria’s Tax Acts 2025, explaining that old tax laws apply before 2026 while new system starts January 1, 2026.
Nigeria’s CIT fell to N1.37 trillion in Q1 2026, driven by weak corporate earnings despite strong contributions from finance, mining, and manufacturing sectors.
Nigeria’s VAT rose to N2.42 trillion in Q1 2026, driven by manufacturing and ICT, despite declines in the education and public administration sectors.
The US dollar hits a 12-month high, pressuring the Nigerian naira as the IMF claims it is undervalued. Fed's hawkish stance fuels investor demand for US assets.
The Federal Government rules out new taxes on telecom services and fuel despite IMF recommendations, affirming a focus on economic growth and a VAT waiver on fuels.
IMF reveals Nigeria's naira is undervalued by 25.6%, proposing a fair rate of N1,130/dollar amid ongoing forex reforms and urges CBN to maintain rate flexibility.
The CBN's new regulations limit market share for banks and fintechs in Nigeria's digital payments, enhancing competition and reshaping the PoS ecosystem.
Food inflation in May 2026 eased to 16.96% year-on-year and 2.98% month-on-month, with Adamawa, Kwara, and Rivers recording the highest increases nationwide.
Economy
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