Adekunle Munir

Micro, Small, and Medium Enterprises (MSMEs) in Nigeria are struggling to survive under the weight of numerous taxes, levies, and fees imposed by federal, state, and local governments. NATIONAL ECONOMY findings reveal that these businesses face 39 different levies across the three tiers of government. At the federal level, the Federal Inland Revenue Service (FIRS) collects key taxes such as Company Income Tax, Value-Added Tax (VAT), Stamp Duties, Capital Gains Tax, Personal Income Tax, and Withholding Tax.

As the Nigerian government promotes the adoption of compressed natural gas (CNG) following the removal of petrol subsidies, public scepticism is mounting regarding its safety and availability. Vice President Kashim Shettima outlined this initiative during a recent

The board of directors of Noor Takaful Insurance Ltd., leading takaful operator in Nigeria, has announced a 123 per cent increase in profitability for the

Nigeria’s banking sector is under intense pressure after suffering an alarming loss of N59.33 billion to electronic fraud over the past five years, including

The Nigerian naira is facing intensified pressure as the U.S. dollar strengthens in anticipation of Donald Trump’s return to the U.S. presidency. On Friday,

Nigeria’s debt exposure to the International Development Association (IDA), a branch of the World Bank, reached $17.1 billion as of September 30, 2024,

E-commerce companies in Nigeria are grappling with rising operational difficulties following the removal of fuel subsidies, as a growing number of Nigerian

Nigeria is missing out on an estimated $3.96 billion annually, as its aviation sector struggles to benefit from the Open Skies Agreement under the African

As the 2024 festive season dawns, many Nigerians are bracing for a subdued Christmas amid skyrocketing prices of essential goods and services. Inflation

The Association of Bureau De Change Operators of Nigeria (ABCON) has issued a directive mandating its members to operate strictly between 8 a.m. and 6 p.m.