Barbara Bako, Abuja. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the Monetary Policy Rate (MPR), otherwise known as the benchmark interest rate, at 26.5 per cent as it seeks to sustain disinflation and preserve
Barbara Bako, Abuja. The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has defended the continued issuance of petrol import licences by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), warning against any move that could
Barbara Bako, Abuja. The Federal Government has unveiled digital platforms for the Office of the Tax Ombud as part of ongoing efforts to improve taxpayer protection, dispute resolution and transparency in Nigeria’s tax administration system. The platforms include an official
Barbara Bako, Abuja. African Export-Import Bank has confirmed steady progress in preparations for its 33rd Annual Meetings (AAM2026), as the institution and Egyptian authorities intensify coordination ahead of the high-level gathering scheduled for June 21 to 24, 2026 in
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele has declared that the Federal Government’s ongoing tax reforms are aimed at building “a tax system that is globally relevant, economically competitive, socially equitable, and fiscally sustainable.”
The Central Bank of Nigeria (CBN) has emphasised the critical role of State Governments in ensuring a successful transition to an Inflation Targeting (IT) monetary policy framework, stressing that sustained price stability can be achieved only through coordinated fiscal discipline
The federal government has called on the World Bank to expedite the approval and disbursement of project funds to Nigeria, stressing that the facilities are loans that the country is obliged to repay, not grants. Accountant-General of the Federation (AGF),
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has again affirmed the Federal Government’s commitment to resolving outstanding obligations to local contractors in a fair, transparent, and structured manner, as part of broader efforts
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has assured investors that the government will stay the course on economic reforms, declaring that policy reversals will not define the current phase of the country’s economic
The West African Tax Administration Forum (WATAF) has called for accelerated digitalisation of Value Added Tax (VAT) systems across the region, warning that inefficiencies in current systems continue to limit revenue mobilization and economic growth. The call was made during
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