"Our aim shall be to create a progressive tax regime, plug harmful loopholes, enhance the efficiency of collection and give the people a greater sense of responsibility in relation to their taxes."

Nigeria's monthly sharable revenue dropped from US$1.7 billion in June to US$1.4 billion in July. The revenue had been dropping since January and had only just picked up in June, before dropping again in July.

There has been a palpable increase in the prices of goods and services in Nigeria, in recent time. The Central Bank of Nigeria...

Social security arrangements are collective remedies against adversity and deficiencies; ranging from pensions to disability compensations, death benefits as well as free/quasi healthcare and education.

After 16 months of intransigence, Central Bank of Nigeria (CBN) Governor Godwin Emefiele announced guidelines for the new policy at a press conference in Abuja...

In addition, prior to the now protracted decline in global oil prices, Nigeria was growing at a CAGR of 5.3% post rebasing.

One of the amendments made by the Finance Act 2023 to the Companies Income Tax Act, Cap C.21, LFN 2004 (as amended) is the introduction of Section 14(6), which makes it mandatory for non-resident companies ...

Milton Friedman, the renowned American economist, had posited that: "inflation is taxation without legislation".

An appraisal of the decision in Egor Local Government v. Hon. Mininster of Interior.

Nigeria is a major target location for foreign direct investment (FDI) in Africa and attracts investors in various sectors such as power, energy, real estate etc.

President Mohammed Buhari recently signed an Executive Order titled Planning and Execution of Projects, Promotion of Nigerian Content in Contracts and Science, Engineering and Technology.

In recent times, corporate entities operating in various sectors of the Nigerian economy have been inundated with tax assessments from the Revenue Mobilization Allocation and Fiscal Commission ("RMAFC").

The Central Bank of Nigeria (CBN) recently published a draft guideline on cybersecurity for Deposit Money Banks (DMB'S) and Payment Service Providers (PSP's).

The Central Bank of Nigeria (CBN) plays a crucial role in shaping the Nigerian economy through its monetary policy framework. Established under Section 2 of the CBN Act of 2007...

On 18th April, 2024, the Central Bank of Nigeria ("CBN") issued a circular ("the Circular") (BSD/DIR/PUB/LAB/017/005) to review regulatory...

Nigeria's political and economic development is very badly stunted. The 10th National Assembly plans to reverse this through what it describes as a transformational legislative agenda.

The Nigerian Export Promotion Council (NEPC or "the Council") on Monday, 16 May 2022 issued Circular No. EDM/EEG/ BASELINERATE/ 2013/ V.3/ 169, providing guidelines to all registered...

A major highlight of 2023 was the general election which ushered in a new government. Importantly, while as a final act, the outgoing government passed the Finance Bill 2023...

Considering the nature of the global trade system which necessitates connections between the economies of various countries, governments implement exchange rate systems...

The Federal Government has introduced significant fiscal reforms in the mining sector with the enactment of the Nigeria Tax Act, 2025 (NTA) and the Nigeria Tax Administration Act, 2025 (NTAA). These new laws represent a definitive departure from the previous fiscal regime, which was primarily governed by the Nigerian Minerals and Mining Act, 2007 (the "Mining Act") and the Companies Income Tax Act, 1977 (as amended) (CITA).