tax revenue

Nigeria’s Tax Revenue More Than Doubles to N27.1tn as Reforms Reshape Economy

Nigeria’s tax revenue surged 113% to N27.1tn by July 2026 from N12.3tn in 2023. The Nigeria Revenue Service linked the increase to tax digitisation, new tax laws and tighter revenue administration. Oil production, foreign reserves, capital inflows and...

Nigeria’s Tax Revenue Expands on FIRS’ Tech-driven Reforms

September 29, (THEWILL) – The adoption of strong technology-driven reforms by the Federal Inland Revenue Service (FIRS) shows evidence of guaranteeing the growth trajectory of the nation’s tax revenue seen in the last five years. This must have...
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CBN Puts Excess Cash, FX Demand Under Watch Ahead of Nigeria’s 2027 Polls

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso said the bank had developed different scenarios for managing the expected increase in money circulation during the election period and would base its response on economic data rather than assumptions.
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