Barbara Bako, Abuja. The Federal Government has introduced a lower interest rate for taxpayers who fail to pay their taxes on time, replacing the previous framework with a new market-based formula that takes effect on October 1, 2026.
Barbara Bako, Abuja. The Securities and Exchange Commission (SEC) will convene the 2026 National Capital Market Conference on October 19 in Abuja, where it is expected to unveil a new 10-year capital market blueprint and a National Savings
Barbara Bako, Abuja. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called on the international community to unlock affordable long-term capital for Africa, saying high borrowing costs remain one of the biggest
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called on the international community to scale up the availability of affordable capital to finance infrastructure and development across Africa. Efe Ovuakporie, Head information and Public Relations
The Investments and Securities Tribunal (IST) has said it is set to adopt its new Rules of Engagement after its next board meeting that will be held in Port Harcourt, the Rivers State capital. This forms part of the plan
Barbara Bako, Abuja. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled draft regulations aimed at preventing anti-competitive practices in the petroleum industry, as part of efforts to promote fair market access, boost investment, and improve
Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate by 350 basis points to 23 per cent, citing easing inflation, exchange rate stability and stronger external reserves as signs that the economy
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele and the Governor of the Central Bank of Nigeria, Olayemi Cardoso have signed a Memorandum of Understanding (MoU) to strengthen coordination between fiscal and monetary policies and promote
Barbara Bako, Abuja. The Pension Transitional Arrangement Directorate (PTAD) has completed the payment of outstanding Back-End Computation (BEC) arrears to 3,958 pensioners of the defunct Power Holding Company of Nigeria (PHCN) under the Defined Benefit Scheme, disbursing N9.48
Barbara Bako, Abuja. The Federal Government has commenced work on the 2027 Finance Bill with the inauguration of a Technical Subcommittee on Fiscal Policy and Tax Reforms to review Nigeria’s new tax laws, address implementation challenges and strengthen
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