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 …
tax reform
-
BusinessEconomyGovernanceLawPoliticsTaxation
-
EconomyEnergyGOVERNMENTInfrastructureSocial WelfareTaxation
FG Clears N2tn Capital Debt, Promises Faster 2025 Project Funding
The Federal Government has paid over N2 trillion owed to contractors for capital projects from the 2024 budget, and says it will now focus on ensuring timely release of funds …
-
BusinessEconomyFinanceGovernment PolicyTaxationTrade and Commerce
Kenya Mulls VAT Refund Offsets as Ruto Courts Businesses
Kenyan businesses could soon be allowed to use their pending Value Added Tax (VAT) refunds to pay off other tax obligations if a proposal presented to President William Ruto is …
-
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 …
-
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 …
-
BusinessBusiness PoliciesEconomyFinance & ServicesGOVERNMENTMarketsPolicies
Despite Economic Hardship, Nigeria’s Capital Market Remains Strong Under Tinubu — Amolegbe
The Managing Director and Chief Executive Officer of Arthur Stevens Asset Management Limited, Olatunde Amolegbe, has said that Nigeria’s capital market has been one of the few bright spots in …
-
Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesGOVERNMENTKenyaKenyan News
World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Over Debt, Lending Rates and Private Sector Struggles
The World Bank has revised its economic growth forecast for Kenya down to 4.5% for 2025, cutting half a percentage point from its earlier projection. The global lender cited rising …
-
EconomyGOVERNMENTNigeriaTechnology
Nigeria’s Tax Boss, Dr. Zacch Adedeji, Earns Global Praise for Driving Real Reform at FIRS
If you think tax reform in Nigeria is just empty talk, you may want to take a closer look at what Dr. Zacch Adedeji, the Executive Chairman of the Federal …
-
BusinessBusiness InsightsFinance & ServicesGOVERNMENTNigeriaTechnology
FIRS Sets Up National E-Invoicing Steering Committee to Boost Tax Compliance
The Federal Inland Revenue Service (FIRS) has inaugurated the National E-Invoicing Solution Inter-Agency Steering Committee as part of its efforts to modernise Nigeria’s tax administration and improve compliance across the …
-
The Lagos Chamber of Commerce and Industry (LCCI) has expressed serious concern about the feasibility of funding Nigeria’s capital expenditure in the 2025 national budget, warning that the current fiscal …