Browsing Tag
Economy
524 posts
Taiwo Oyedele Launches Committee to Craft 2026 VAT Modification Order
Finance Minister Taiwo Oyedele has inaugurated an Inter-Ministerial Committee to draft the 2026 VAT Modification Order, aiming to streamline tax administration and support Nigeria's economic reform agenda.
Peter Obi Advocates for Single-Term Presidency to Restore National Trust
Peter Obi proposes a single-term presidency to rebuild trust, arguing that four years is sufficient to implement meaningful economic and security reforms in Nigeria.
Understanding Nigeria’s Tax Reform: A Guide for Citizens and Businesses
An exploration of Nigeria's recent tax reforms, designed to help everyday citizens and business owners understand their obligations and the broader implications for the economy.
Seyi Awolowo Urges Nigeria to Move Beyond Subsistence Thinking in Education
Seyi Awolowo argues that Nigeria’s education system should prioritize innovation and artificial intelligence over the current focus on petty trade and subsistence-level survival.
UK press review: Summer heatwaves, utility pay, and security alerts
Saturday's UK newspapers focus on European wildfires, controversies regarding utility executive pay, national energy security concerns, and various political and criminal reports.
Vice President Shettima Advocates for African Resource Sovereignty
Vice President Kashim Shettima says Africa must maximize its natural wealth by processing raw materials locally to boost economic value and global trade influence.
Naira Gains Value Against Dollar in Official and Parallel Markets on July 24, 2026
The Nigerian naira saw consistent growth against the US dollar on July 24, 2026, rising in both formal bank channels and the black market as national foreign reserves hit $52.02 billion.
Tinubu claims he is fixing pension failures left by Atiku
President Bola Tinubu asserts he is resolving pension issues caused by former Vice President Atiku Abubakar’s privatization policies.
Private sector leaders warn that raising pension contributions threatens jobs
Nigeria's private sector umbrella group, OPSN, is pushing back against a proposed hike in pension contributions, warning that it will trigger job losses and stifle business growth.
Naira Performance Against the US Dollar: July 24, 2026
On July 24, 2026, the Nigerian naira showed stability, trading at ₦1,369.92 in the official market and approximately ₦1,420 in the parallel market.