Nigeria’s Debt Service Rises To N16.26trn Under Tinubu
Nigeria’s total debt service has risen sharply in recent years, with a significant portion of the increase occurring under the administration of President Bola Ahmed Tinubu, as debt obligations surged to N16.26 trillion in 2025 from N7.79 trillion in 2023.
Nigeria Foreign Currency Tax Receipts Surges To N6.33trn
Nigeria’s tax receipts from foreign currency-denominated payments rose to N6.33 trillion in 2025, highlighting the growing role of dollar-linked transactions in the country’s revenue profile, according to data from the National Bureau of Statistics,NBS, analysed by this medium.
CBN Restricts BDC Access To Forex Market Over Compliance Risks – Traders
Central Bank of Nigeria ,CBN, has maintained restrictions on Bureau De Change ,BDC, operators’ access to the official foreign exchange market, citing concerns over control and past abuses. This is based on insights from forex traders and market operators
FG Caps Jet Fuel Prices, Grants Airlines 30-Day Credit Window
Federal Government has moved to stabilise Nigeria’s aviation sector by capping jet fuel prices and introducing a 30-day credit window for airlines, following mounting concerns over soaring operating costs and potential flight disruptions.
New Vehicle Tax By FG False, Misleading — NRS
Nigeria Revenue Service, NRS, has denied a viral infographic claiming that a new vehicle tax has been imposed by the Federal Government, effective July 1, describing it as false and misleading.