Lagos Assembly Passes ₦4.44trn 2026 Budget, Prioritises Infrastructure, Economic Growth
Lagos, Jan. 8, 2026 (NAN) — The Lagos State House of Assembly has passed a ₦4.44 trillion budget for the 2026 fiscal year, adopting...
Domestic Economy Strengthens as PMI Hits Five-Year High in December 2025
Nigeria’s domestic economy recorded a notable improvement in December 2025, with business activity expanding at its fastest pace in nearly five years, according to...
Nigeria Revenue Service Replaces FIRS, Promises Modern, Digitalised Tax System – Adedeji
Abuja, Jan. 6, 2026 (NAN) — The newly established Nigeria Revenue Service (NRS) is set to redefine the nation’s tax administration by replacing the...
“CBN Warns Banking Recapitalisation May Crowd Out Non-Bank Issuers, Raise Capital Market Risks”
The Central Bank of Nigeria (CBN) has cautioned that the ongoing banking sector recapitalisation could increase concentration risk in Nigeria’s capital market, potentially crowding...
Nigeria’s Credit Hits ₦100.98trn for First Time as Government Borrowing Drives Growth
Credit to Nigeria’s economy has crossed the ₦100 trillion threshold for the first time, underscoring the expanding scale of financial intermediation and the growing...
