NIN Now Serves as Tax ID for Nigerians as FIRS Unveils Major Reform Ahead of 2026 Tax Law
The Federal Inland Revenue Service (FIRS) has clarified that every Nigerian’s National Identification Number (NIN) will now automatically function...
NigeriaEconomy
President Tinubu Set to Present ₦2026 Budget at National Assembly Amid Security, Economic Focus
President Bola Tinubu is scheduled to present Nigeria’s 2026 budget to a joint session of the National Assembly today...
Nigeria to Seize Unregistered POS Terminals From January as CAC Places Fintechs Under Watch
A sweeping nationwide crackdown on unregistered Point-of-Sale (POS) operators will begin on 1 January 2026, the Corporate Affairs Commission...
Nigeria Set to Adopt Islamic Finance Reporting Standards to Boost Transparency and Growth
The Financial Reporting Council of Nigeria (FRC) has announced plans to integrate Islamic Finance Services into the country’s financial...
Rice Prices Crash in Lagos Markets, Traders Count Losses Despite Shoppers’ Relief
Rice prices have dropped sharply across major Lagos markets, sparking mixed reactions among traders and consumers. A market survey...
Most Nigerians Earn Below ₦90,000 Monthly — Expert Backs World Bank’s Grim Report on Poverty
A respected Nigerian economist, Dr. Tijjani Ahmad, has affirmed the World Bank’s latest report that over 100 million Nigerians...
Dollar to Naira Exchange Rate Today, October 7, 2025: Naira Strengthens as FX Liquidity Improves
The naira showed renewed strength on Tuesday, October 7, 2025, trading in the mid-₦1,400 range across both official and...
Fresh Shock: FG to Introduce 5% Petrol Consumption Tax from January 2026
Nigerians will begin paying a fresh 5% levy on petrol purchases starting January 1, 2026, after the Federal Government...
Okonjo-Iweala Tells Tinubu: Grow the Economy and Protect the Poor — The Two Urgent Steps Nigeria Needs Now
World Trade Organisation Director-General and former Nigerian finance minister, Dr. Ngozi Okonjo-Iweala, has outlined two urgent priorities for President...
Trump’s Tariff Tsunami Triggers Emergency Economic Talks in Nigeria as Naira Crashes Further
President Bola Tinubu’s Economic Management Team (EMT) is preparing for a high-level review of the 2025 budget after fresh...
“I Backed Tinubu, But Nigerians Are Suffering” – Cynthia Morgan Cries Out Over Economic Hardship
Nigerian singer Cynthia Morgan, now known as Madrina, has made an emotional appeal to President Bola Ahmed Tinubu, urging...
“₦6k for a Crate of Eggs? Are These Imported Chickens?” – Mercy Johnson Decries Soaring Prices
Nollywood actress Mercy Johnson-Okojie has expressed shock over the skyrocketing price of eggs in Nigeria, questioning whether the chickens...
Edo Assembly Approves Consultant for Recovery of Funds from Federal Government
The Edo State House of Assembly has granted Governor Monday Okpebholo’s request to hire a consultant to recover funds...
Reps Demand Immediate Reversal of 50% Telecom Tariff Hike Amid National Outrage
The House of Representatives has ordered the immediate suspension of the newly implemented 50% increase in telecom tariffs, citing...
Buhari Asserts Economic and Security Gains During His Tenure Amid Rising Inflation
Former President Muhammadu Buhari has declared that Nigeria’s economy and security improved significantly during his administration from 2015 to...
NLC Calls on Nigerians to Reject 50% Telecom Tariff Hike, Labels It an Unbearable Burden
The Nigeria Labour Congress (NLC) has urged Nigerians to reject the Federal Government’s approval of a 50% hike in...