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FG Sets Up Committee To Develop 2026 VAT Framework Under New Tax Laws
The Federal Government has inaugurated an inter-ministerial committee to develop the 2026 Value Added Tax (VAT) Modification Order as part of efforts to ensure the effective implementation of Nigeria’s new tax laws and provide greater certainty for businesses, investors and tax administrators.
Nigeria’s money supply rises for second straight month to N133.25trn
Nigeria’s broad money supply (M3) increased for the second consecutive month, rising to N133.25 trillion in June 2026 from N129.21 trillion recorded in May, according to the latest money and credit statistics released by the Central Bank of Nigeria (CBN).
Faleke, RMAFC Seek Stronger Oversight, Efficient Resource Allocation for Economic Growth
The Chairman of the House of Representatives Committee on Finance and Member representing Ikeja Federal Constituency, Rt. Hon. James Abiodun Faleke, has stressed that increased revenue generation alone cannot guarantee national development without prudent allocation, effective oversight and fiscal discipline.
FAAC Disburses ₦2.551tn June 2026 Revenue to FG, States, LGs
The Federation Account Allocation Committee (FAAC) has shared a total of ₦2.551 trillion as Federation Account revenue for June 2026 among the Federal Government, the 36 state governments and the 774 local government councils.
Fidelity Bank Renovates Lagos Orphanage, Pays School Fees, Donates Food
Leading financial institution, Fidelity Bank Plc, has reinforced its commitment to community development and social impact with a major intervention at Heritage Homes Orphanage in Anthony Village, Lagos, improving both the learning and living conditions of children at the facility.
Faleke-Led Reps Panel Demands Full List of Beneficiaries of ₦34tn Customs Duty Waivers
The House of Representatives Committee on Finance has directed the Nigeria Customs Service (NCS) to submit a comprehensive report on the approximately ₦34 trillion import duty waivers granted in 2025, including the beneficiaries, legal basis for the approvals, and the purposes for which the concessions were granted.
Global Investors Back Tinubu as Nigeria Tops World Equity Market Ranking
Nigeria’s emergence as the world’s best-performing equity market in dollar terms has been described as a powerful global endorsement of President Bola Ahmed Tinubu’s economic reform agenda, despite sustained criticism from opposition figures and social media commentators.
Ikeja Chairman, AKOD Leads Revenue QR Code Deployment to Boost Transparency and Curb Leakages in Computer Village
The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), today led the Council's revenue team on the deployment of the Revenue QR Code system at Computer Village, Ikeja, marking another milestone in the Local Government's drive to modernise revenue administration.
AKOD Celebrates 100 AI Graduates, Reaffirms Commitment to Building Ikeja’s Digital Workforce
The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), has reaffirmed his administration's commitment to youth empowerment and digital innovation as he attended the graduation ceremony of 100 youths who successfully completed a four-week Artificial Intelligence (AI) and Computer Vision training programme organised by the NECA ICT Academy in partnership with VFS Global.
Dangote Picks Kenya For East African Mega Refinery
A 700,000-bpd East African oil refinery proposed by Africa’s richest man, Aliko Dangote, will be built in Kenya, a senior company official said Tuesday, putting a lid on speculation over the location of the mega-project.