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By Ayobami Ayorinde and Seyi Akinbodewa | For the first time in decades, Nigeria’s Federal Government has undertaken a comprehensive tax reform. The journey started with the announcement and inauguration of the Presidential Committee on Fiscal Policy and Tax Reforms, led by Mr. Taiwo Oyedele, a renowned tax expert.
Read more: Promised versus Delivered Changes in Nigeria’s New Tax Laws
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By Adebayo Ahmed | The National Bureau of Statistics (NBS) released rebased Gross Domestic Product (GDP) data recently. GDP remains the most popular measure of economic activity. The data showed that economic output in 2024 was N373 trillion in current Naira terms and N218 trillion in 2019-Naira terms.
Read more: What Rebased GDP Data Reveals about Nigeria’s Economy
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By Ayobami Ayorinde, Maryam Ibrahim and Oluchi Nkeonye | A major highlight of the allocations by the Federation Account Allocation Committee (FAAC) for the month of May 2025 is that the states received more money than the Federal Government (FG) from the Federation Account.
Read more: How and Why States Surpassed Federal Government in FAAC Allocations
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By Ebehi Iyoha | On 2nd April 2025, a day termed "Liberation Day" by the President Donald Trump administration, the United States announced a slew of unilateral tariff increases on nearly all of its trade partners. In the weeks that followed, some of the new tariffs were paused for 90 days, several products were granted exemptions, and US-China trade relations have significantly worsened through a series of escalating tariffs.
Read more: What Trump's Tariffs Mean for Nigeria and Other African Countries

