Tinubu appoints PwC partner Taiwo Oyedele as tax reforms chair
President Bola Tinubu has set up a tax reform committee and has appointed Taiwo Oyedele, a partner at PriceWaterhouseCoopers (PwC), a chairman.
The Presidential Committee...
Petrol use in Nigeria falls after subsidy removal, regulator says
Average daily petrol consumption in Nigeria has fallen by 28 percent after President Bola Tinubu ended subsidy on the fuel over a month ago,...
Bank of America sees Nigeria inflation at 30% after subsidy removal
Consumer prices in Nigeria are likely to rise by 30% by the end of the year from 22.4% in May, after petrol prices rose...
Nigeria projected to spend entire revenue on debt in two years
Nigeria could spend more than its entire revenue on debt payment by 2025 if its current revenue levels do not improve, the Debt Management...
Naira touches record lows on spot and forwards market
The naira closed at another record low against the dollar Thursday at both spot and forwards markets as the currency’s volatility continues after the...