A new revenue administration officially begins in the country today as the Nigeria Revenue Service (NRS) which replaces the now rested Federal Inland Revenue Service (FIRS) unveils its institutional brand identity. NRS came into operation following the signing of its
The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson Oludare Sunday, has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC
The National Insurance Commission (NAICOM) has restated that there will be no extension of the recapitalisation exercise deadline for insurance companies across the country, insisting that they must be completed by the legally stipulated deadline of July 30, 2026 as
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending NIRSAL Plc is closing 2025 with total approved credit guarantees for over N100 billion in loans and investments in agriculture and agribusinesses across Nigeria, enabling partner financial institutions to extend credit
The Budget Office of the Federation has reaffirmed the integrity of Nigeria’s newly enacted Tax Reform Acts, cautioning against what it described as governance by speculation and unverified claims following allegations of post-passage alterations. The Budget Office in a statement
The Central Bank of Nigeria (CBN) has reported a further strengthening of domestic economic activity in December 2025, as the Composite Purchasing Managers’ Index (PMI) maintained its position above the 50-point expansion threshold. A statement by the Bank’s Acting Director
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