Tag: Nigerian Economy
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Economists Back CBN’s Decision to Hold MPR at 27% Amid Inflation Pressures
Analysts say policy retention supports stability as Nigeria approaches a volatile pre-election cycle
By Taiye Olayemi
Lagos, Nov. 27, 2025 (NAN) — Some economists have welcomed...
98% of Nigerian Workers to Be Exempted From Personal Income Tax Under New Regime — Presidential Tax Reforms Chair
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has announced that at least 98% of Nigerian workers will...
AfDB Approves $500 Million Budget Support to Boost Nigeria’s Non-Oil Revenue and Energy Transition
The African Development Bank (AfDB) Group has approved $500 million in budget support to Nigeria’s Federal Government to strengthen non-oil revenues, expand fiscal space,...
FIRS rejects Atiku’s Xpress Payments monopoly claim
The Federal Inland Revenue Service (FIRS) has refuted allegations by former Vice President Atiku Abubakar alleging that a private firm, Xpress Payment Solutions Limited,...
“Nigeria’s Urban Inflation at 15.65%, Rural at 15.86%; Food Prices Show MoM Uptick Despite YoY Decline”
Abuja, November 2025 – Nigeria’s inflationary pressures showed tentative signs of easing in October 2025, according to the latest Consumer Price Index (CPI) data,...
