Senate Confirms Yuguda as CBN Deputy Governor
The Nigerian Senate on Wednesday confirmed Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), following a recommendation by its Committee on Banking, Insurance and Other Financial Institutions. The confirmation came after the committee, chaired by Adetokunbo Abiru, presented its report during plenary. Abiru said the nominee met all requirements under […]
BREAKING: Tinubu Reshuffles Cabinet, Replaces Finance Minister
President Bola Ahmed Tinubu has approved a minor cabinet reshuffle affecting the membership of the Federal Executive Council, with changes announced in the ministries of finance and housing. According to a memo signed by the Secretary to the Government of the Federation, George Akume, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, […]
KW-IRS Seeks EFCC Collaboration on Tax Compliance
The Executive Chairman of the Kwara State Internal Revenue Service, KW-IRS, Folashade Omoniyi, on Thursday, March 12, 2026, led members of the management team of the Service on a courtesy visit to the Ilorin Zonal Director of the Economic and Financial Crimes Commission, EFCC, ACE I Victoria Ugo, at the Commission’s office in GRA, Ilorin. […]
States Budget N525bn For Security Votes In Three Years
States across Nigeria earmarked a combined N525.23 billion for security votes and related operations between 2023 and 2025, according to an analysis of approved state budgets published on Open States, a BudgIT-backed public finance portal. The spending surge comes amid persistent insecurity nationwide, despite security being constitutionally led by the Federal Government. Rising incidents of […]
Tax Committee Refutes KPMG Claims On Nigeria’s New Laws
The Presidential Fiscal Policy and Tax Reforms Committee has responded to recent concerns raised by KPMG regarding Nigeria’s newly enacted tax laws, which took effect on January 1, 2026. In a statement released on X, Committee Chairman Taiwo Oyedele said much of KPMG’s critique stemmed from misunderstandings of the policy intent and deliberate reform choices, […]
Parents Protest In Abuja Over Unpaid Student Scholarships
Parents of Nigerian students studying abroad under government scholarship programs blocked the entrance of the Federal Ministry of Finance in Abuja on Monday. The protesters demanded the payment of outstanding allowances owed to their children, citing delays that have persisted for more than a year. According to the parents, their children, enrolled in various bilateral […]
