Former Speaker of the House of Representatives, Yakubu Dogara, has described President Bola Tinubu’s tax reforms as the most ambitious economic overhaul in Nigeria in recent history. He predicted that …
fiscal policy
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BusinessEconomyGovernanceLawPoliticsTaxation
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Kenya’s Controller of Budget, Dr Margaret Nyakang’o, has raised fresh alarm over the country’s rising public debt, which has now reached Sh11.73 trillion as at June 2025. The warning comes …
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BusinessEconomyFinanceGOVERNMENTMonetary PolicyNigeria
Finance Minister Wale Edun, CBN Governor Cardoso Pledge Stronger Policy Coordination to Boost Economy
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …
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BankingEconomyFinanceGovernment PolicyINVESTMENTMiddle east
Egypt to Issue Domestic Sukuk in First Half of New Fiscal Year
Egypt is preparing to issue domestic Sukuk within the first half of the 2025/2026 fiscal year, according to Finance Minister Ahmed Kouchouk. The announcement was made during a panel discussion …
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DevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaPolicies
Nigeria Revenue Service Gets Legal Backing to Borrow Funds, Retain 4% of Non-Oil Revenue Under New Tax Act
The Federal Government has given the newly established Nigeria Revenue Service (NRS) the legal power to borrow funds from any source and retain 4 per cent of the total non-petroleum …
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President Bola Ahmed Tinubu is expected to sign four major tax reform bills into law on Thursday, June 26, 2025, at the Presidential Villa in Abuja. The signing marks a …
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AgricultureEconomyFinance & ServicesGOVERNMENTInfrastructurePolicies
President Tinubu Says Nigeria Is on Path to Food Sovereignty
President Bola Ahmed Tinubu has said that Nigeria is on its way to food sovereignty due to the policies his administration has put in place. He made this statement on …
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Banking, Finance & InvestmentEconomyNigeriaOil & GasPolicies
Moody’s Upgrades Nigeria’s Credit Rating But Warns Falling Oil Prices, Inflation Could Threaten Naira Stability
Global credit rating agency, Moody’s Ratings, has upgraded Nigeria’s long-term foreign and local currency issuer ratings from Caa1 to B3, citing improved transparency in the country’s foreign exchange system and …
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EconomyGOVERNMENTNewsNigeriaPolitics
National Assembly Nears Final Passage of Harmonised Tax Reform Bills
The National Assembly has signalled its intention to pass the harmonised Tax Reform Bills by Tuesday, following the successful conclusion of a thorough review of contentious clauses in the proposed …
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AfricaAFRICA NEWSBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesInternational RelationsPolicies
Angola’s $200 Million Trouble with JPMorgan Exposes Africa’s Mounting Debt Pressure
Angola has found itself in the news again over its rising financial pressures, as a $200 million margin call from U.S. banking giant JPMorgan Chase & Co. has exposed the …