4 d. ago How Remote Workers, Influencers Will Pay Tax Under New Law – Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified how income earned by Nigerians through remote work, social media influencing, or business imports, will be subject to taxation under the new fiscal reforms taking effect from January 1, 2026. Oyedele made the disclosure during a tax education session […]

Economics

1 week ago Why borrowing continues despite Nigeria’s 411% revenue growth –FIRS

From Juliana Taiwo-Obalonye, Abuja Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji has said even though the Federal Government has seen a remarkable surge in revenue collection, growing by 411 percent over 16 months to N3.64 trillion as of September 2025, borrowing still remains an essential tool, but now focused strictly on funding growth and […] The post Why borrowing continues despite Nigeria’s 411% revenue growth –FIRS appeared first on The Sun Nigeria.

Politics

1 week ago Why borrowing continues despite Nigeria’s 411% revenue growth – Adedeji

From Juliana Taiwo-Obalonye, Abuja Nigeria’s federal government has seen a remarkable surge in revenue collection, growing by 411% over 16 months to ₦3.64 trillion as of September 2025, but borrowing remains an essential tool—now focused strictly on funding growth and infrastructure, rather than recurrent expenses, the Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji has […] The post Why borrowing continues despite Nigeria’s 411% revenue growth – Adedeji appeared first on The Sun Nigeria.

Politics

1 week ago Why Federal Government Keeps Borrowing Despite Hitting Revenue Target – FIRS Boss

The chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has defended the Federal Government’s borrowing plan, insisting that loans remain a legitimate part of Nigeria’s budgetary framework even when revenue targets were met. Speaking during the Meet the Press session organised by the Presidential Media Team in Abuja, Adedeji explained that President Bola […]

Politics

2 w. ago Edun call for prudent use of resources as FAAC disbursement jumps to N2.2trn

Wale Edun, minister of Finance and Coordinating Minister of the Economy, has called for a prudent management of public resources, read more Edun call for prudent use of resources as FAAC disbursement jumps to N2.2trn

Politics

2 w. ago Emir Sanusi warns Nigeria: Reckless borrowing, lousy leaders threaten future

In a stark warning to the Nigerian government, the Emir of Kano, Muhammadu Sanusi II, expressed deep concern over the read more Emir Sanusi warns Nigeria: Reckless borrowing, lousy leaders threaten future

Events

2 w. ago Nigeria, South Africa, Kenya Hit By High Borrowing Costs — Moody’s

Although economies in the region face ever-rising funding needs to keep development and growth on track, they have to contend with high interest rates compared with their advanced counterparts. The post Nigeria, South Africa, Kenya Hit By High Borrowing Costs — Moody’s appeared first on Channels Television.

Politics

3 w. ago Stop Tinubu’s Reckless Borrowing, Labour Party Tells NASS Leaders

The Labour Party, LP, has urged the leadership of the National Assembly to reject President Bola Tinubu’s fresh borrowing request. The party warned that Nigeria’s debt profile has reached a dangerous level and called for urgent action to prevent further economic instability. In a statement issued in Abuja on Tuesday, the Interim National Publicity Secretary […] The post Stop Tinubu’s Reckless Borrowing, Labour Party Tells NASS Leaders appeared first on Information Nigeria.

Politics

3 w. ago Presidency clarifies: Nigeria’s borrowing prudent economic policy, not recklessness

From Juliana Taiwo-Obalonye, Abuja The Presidency has defended Nigeria’s rising debt levels, emphasising that borrowing is a necessary and strategic tool for economic development rather than a sign of financial imprudence. Special Adviser to President Tinubu on Media and Public Communication, Sunday Dare, responded on his official X account @SundayDareSD to criticisms from former senator […] The post Presidency clarifies: Nigeria’s borrowing prudent economic policy, not recklessness appeared first on The Sun Nigeria.

Politics

3 w. ago Tinubu Might Soon Turn To Loan Apps For Borrowing – Dino Melaye

Former Kogi West Senator, Dino Melaye, has strongly criticised President Bola Ahmed Tinubu’s administration, accusing it of reckless borrowing and wasteful spending despite Nigeria’s economic challenges. Speaking during an interview on Arise Television, Melaye warned that if the borrowing trend continues unchecked, the government might soon be forced to seek loans from local fintech platforms. […] The post Tinubu Might Soon Turn To Loan Apps For Borrowing – Dino Melaye appeared first on Information Nigeria.

Politics

3 w. ago Tinubu govt may soon borrow from Opay, Moniepoint, says Dino Melaye

By Seyi Babalola Dino Melaye, a former Kogi West senator, has criticised President Bola Tinubu’s borrowing rate. Melaye warned Tinubu that if caution is not exercised, he may soon borrow from Nigeria’s premier fintech companies, Opay and Moniepoint. He was responding to concerns voiced by Tajudeen Abbas, Speaker of the House of Representatives, about Tinubu’s […] The post Tinubu govt may soon borrow from Opay, Moniepoint, says Dino Melaye appeared first on The Sun Nigeria.

Politics

3 w. ago SWAGA restates support for Tinubu, dismisses calling on Edun to resign

Tribune Online SWAGA restates support for Tinubu, dismisses calling on Edun to resign Contrary to a report, the South West Agenda for Asiwaju (SWAGA) has dismissed claim that it demanded the resignation of the Minister of Finance and the coordinating Minister of the Economy Mr Wale Edun. It also restated its commitment and loyalty to the reform agenda of the administration of President Bola Tinubu. The clarification was […] SWAGA restates support for Tinubu, dismisses calling on Edun to resign Tribune Online

Politics

3 w. ago Nigeria’s Debt Alarming, We Must Reject Reckless Borrowing – Abbas

The Speaker of the House of Representatives, Abbas Tajudeen, has raised alarm over Nigeria’s mounting debt. He warned that it has surpassed the country’s legal threshold and poses a significant risk to fiscal stability. Speaking on Monday at the opening of the 11th Annual Conference and General Assembly of the West Africa Association of Public […] The post Nigeria’s Debt Alarming, We Must Reject Reckless Borrowing – Abbas appeared first on Information Nigeria.

Politics

4 w. ago ‘I Didn’t Betray Wike, We Were All Running For Presidency’, Tambuwal Clarifies

Former Sokoto State governor and Senator representing Sokoto South, Aminu Tambuwal, has denied claims of betrayal in his political relationship with Federal Capital Territory (FCT) Minister, Nyesom Wike, insisting that their presidential ambitions were independent. Speaking on Channels TV’s ‘Politics Today’ on Friday night, Tambuwal said he bore no grudge against Wike and had not […]

Politics

last month CNG Pump Price Increase Not On Federal Government’s Directive — PiCNG

The Presidential Initiative on Compressed Natural Gas (PiCNG) has clarified that the federal government did not authorise or direct the recent increase in compressed natural gas (CNG) pump prices. The clarification comes amid growing concerns from consumers and stakeholders over the sudden hike in the costs of CNG from N230 to N380 per standard cubic […]

Politics

last month Private sector drives CNG pump price changes, not FG – PiCNG

From Adanna Nnamani, Abuja The Presidential Initiative on Compressed Natural Gas (PiCNG) has clarified that recent pump price adjustments by some operators were purely private-sector decisions and not directives of the Federal Government. In a statement signed by its Brands and Corporate Communications Manager, Matilda Johnson, on Thursday, PiCNG dismissed reports suggesting that the government […] The post Private sector drives CNG pump price changes, not FG – PiCNG appeared first on The Sun Nigeria.

Politics

last month 2027: Why I’m against zoning PDP presidential ticket – Olawepo

Former Deputy Publicity Secretary of the Peoples Democratic Party (PDP), Dr Gbenga Olawepo-Hashim, has shared his reservations on the party’s zoning decision ahead of the 2027 presidential election. In a recent interview with Arise TV, Olawepo-Hashim clarified that he opposes the zoning decision to the south because it is against the country’s constitution. He noted […] The post 2027: Why I’m against zoning PDP presidential ticket – Olawepo-Hashim appeared first on The Sun Nigeria.

Politics