English

Economics at businessday.ng

Today News

14

Individuals earning up to N100,000 monthly won’t pay personal income tax from 2026 – Oyedele

businessday.ng

Individuals earning up to N100,000 per month will not pay personal income tax next year under Nigeria’s new tax reforms,

09

US Congressman set to brief Trump on alleged genocide in Nigeria

businessday.ng

A United States congressional delegation led by Riley Moore, Congressman, has concluded fact-finding mission to Nigeria amid escalating allegations of

07

5 food spots Nigerians can visit in the UK for Christmas

businessday.ng

During the Christmas season, many people travel to enjoy the holidays in new locations. If you will be in the

Friday, Dec 12

22

China’s new “condom tax” draws skepticism and worries over health risks

businessday.ng

China will soon start collecting a value-added tax on contraceptive drugs and products for the first time in over three

20

Explosion hits Nigeria’s key Escravos-Lagos gas pipeline, NNPC says

businessday.ng

Nigeria’s state oil company NNPC Ltd said an explosion at its key Escravos-Lagos gas pipeline on December 10 disrupted operations

19

FG mandates TIN for all taxable bank account holders from January 2026

businessday.ng

The Federal Government has established a definitive timeline for stricter tax compliance, mandating that banks require a Tax Identification Number

Airfare surge: FCCPC deepens investigation into alleged exploitative airline practices

businessday.ng

The Federal Competition and Consumer Protection Commission (FCCPC) has expanded its investigation into the pricing frameworks used by some domestic

18

Adamawa Govt approves N583.3bn budget for 2026, clears major infrastructure projects

businessday.ng

The Adamawa State Executive Council has approved a budget proposal of N583,331,380,496 for the 2026 fiscal year, tagged “Budget of

17

Nigeria risks failing 2030 universal health target as performance lags

businessday.ng

Nigeria faces an imminent risk of failing to meet its 2030 targets for universal health coverage, as performance in key

15

Here’s why Nigeria’s new tax regime should interest investors, households

businessday.ng

When Nigeria’s new tax regime becomes effective from January 2026, there are truly some interesting incentives (though less talked about)

14

Parallex Bank charges compliance officers on changing regulatory environment

businessday.ng

Parallex Bank hosted the Association of Chief Compliance Officers of Banks in Nigeria (ACCOBIN), charging them to prepare for challenging

NRS and JRB replace FIRS and JTB in shift toward modern revenue management

businessday.ng

The country’s most recognisable tax institutions, the Federal Inland Revenue Service (FIRS) and the Joint Tax Board (JTB), are being

Dangote refinery cut petrol price to N699/ litre

businessday.ng

Dangote Petroleum Refinery slashed its petrol gantry price by 15.58 percent to N699 per litre from N828, effective December 11,

13

Ayo Teriba sees Nigeria’s inflation hitting single digit for first time in over five years

businessday.ng

Nigeria’s inflation could slow to a single digit by January 2026 as the lag effect of ‘Detty December’ is poised

12

Nigeria’s top startups secure funding boost at iHatch Demo Day Awards

businessday.ng

Nigeria’s startup ecosystem received a fresh injection of momentum as top emerging ventures secured funding and investor attention at the

08

FG warns public against fake recruitment

businessday.ng

The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has warned the public over a fraudulent recruitment notice circulating

EU pledges $48m to support FG’s 3MTT digital skills programme

businessday.ng

The European Union (EU) has pledged $48 million to support the Federal Government’s plan to equip three million youths with

06

IFC bets on manufacturing, tourism, others for jobs in $2.1bn push

businessday.ng

The International Finance Corporation (IFC) is wagering its $2.1 billion investment pipeline on manufacturing, tourism and other job-rich sectors in

04

Invisible hands: Six states budgeted as if women farmers don’t count

businessday.ng

The 2024 budget analysis for Nigeria’s states reveals a stark and disturbing contradiction. Six state governments – Bayelsa, Adamawa, Borno,

Thursday, Dec 11

21

FCCPC seals Ikeja DisCo over alleged consumer rights violations

businessday.ng

The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the headquarters of the Ikeja Electric Distribution Company (IKEDC) in

Katsina unveils 2026 business reform plan to boost investment

businessday.ng

The Katsina State government has unveiled its 2026 plan to reform the state’s economic landscape, with a focus on creating

19

Omokri, Fani-Kayode, others scale Senate committee screening as Oshiomhole, Ndume clash

businessday.ng

A dramatic confrontation broke out on Thursday during the Senate’s screening of President Bola Tinubu’s ambassadorial nominees, as Senators Adams

18

Yuletide: Reps decry high airfares, ask FG to cut aviation taxes by 50%

businessday.ng

The House of Representatives has called on the federal government to cut aviation taxes by half and reduce airport charges

Reps advance bill to amend CBN Act

businessday.ng

The House of Representatives has passed for second reading a bill seeking to amend the Central Bank of Nigeria (CBN)

17

Nigeria’s trade surplus narrows as imports rise, exports rebound

businessday.ng

Nigeria’s external trade gained pace in the third quarter of 2025 as a steady rise in imports met a firmer

16

Akwa Ibom targets rural economy, infrastructure growth in 2026 fiscal year – Nkan

businessday.ng

Linus Nkan, Akwa Ibom State Commissioner for Budget and Economic Planning, has said that the N1.390 trillion budget proposal for

FG launches first gas trading, clearing platform

businessday.ng

…targets increased investment, supply of gas Nigeria’s gas sector is set for a major transformation as the Federal Government launches

PZ Cussons halts plan to sell Nigerian, other African subsidiaries

businessday.ng

Consumer goods firm PZ Cussons has said it is reversing its earlier plans to exit the African market, citing improved

15

Economic competitiveness: What you need to know about Nigeria’s new tax laws

businessday.ng

In recent weeks, a wave of commentary has suggested that Nigeria’s new tax regime may scare away investors, trigger capital

IFC sets 2026 investment priorities for energy access, jobs, SME growth

businessday.ng

Small and Medium Enterprises (SMEs) contribute almost 50 percent of Nigeria’s GDP and provide more than 80 percent of employment,