The Centre for the Promotion of Private Enterprise (CPPE) has called for a strategic implementation framework that prioritises revenue efficiency over blanket enforcement measures as the new tax laws kick off. The Centre made the call in a statement on Sunday by its Chief Executive Officer, Muda Yusuf, citing a specific issue in the tax …
By David Okon Nigeria’s economic story in 2025 was not defined by a single reform or headline moment. It was shaped by sequencing. A deliberate effort to stabilise the macroeconomy, restore institutional credibility, and align security, fiscal, and market policy toward growth. At the centre of this sequencing stood the Minister of Finance and Coordinating …
Nigerian President Bola Tinubu has highlighted nine key priority areas his administration plans to focus on in 2026. He highlighted this in his New Year's Goodwill Message to Nigerians released on Thursday, January 1. He believes that 2026 marks the beginning of a more robust phase of economic growth. Reflecting on 2025, he noted that …
Nigeria’s economy is projected to expand by 4.49% in 2026, according to the Central Bank of Nigeria (CBN), building on positive momentum from reforms in 2025. This projection is contained in the CBN’s Microeconomic Outlook for Nigeria, 2026 released earlier today, with the theme "Consolidating Microeconomic Stability Amid Global Uncertainty". In his note in the …
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has clarified that the new tax law is intended to support rather than harm the aviation industry. His clarification follows a recent claim by the Chief Executive Officer of Air Peace, Allen Onyema, that the reform will hurt the industry. Contrary to misconceptions, …
Nigeria's decision to launch a targeted joint security operation with the United States is being interpreted in both financial and diplomatic circles as a powerful statement beyond military action. The operation, conducted on Christmas Day in Sokoto, underscores the nation’s broader strategy of aligning security with economic reform and global cooperation to stimulate growth and …
One year after the Nigeria National Petroleum Company (NNPC) Limited declared the resumption of the Port Harcourt and Warri refineries, both facilities are currently shut down, fuelling intense public backlash and scrutiny. Despite multi-billion-dollar investments and celebratory commissioning ceremonies held in late 2024, the state-owned refineries have largely failed to sustain operations. Pinnacle Daily recalls …
Nigeria’s economy is expected to make a clearer transition from stabilisation to growth, based on projections by the Centre for the Promotion of Private Enterprise (CPPE). The centre made the forecast in its 2026 economic outlook issued by its Chief Executive Officer, Muda Yusuf, on Sunday. The non-governmental organisation, which focuses on promoting, protecting, and …
One of the pertinent worries that has trailed the Christmas Day fire incident at the popular Balogun Market in Lagos State is whether the buildings affected were insured. Pinnacle Daily reported that the fire, which destroyed the Great Nigeria Insurance House on Martins Street, Lagos Island, broke out at about 5 p.m. on Wednesday. LASEMA and …
Nigeria’s financial landscape saw significant shifts in 2025, with key events influencing the economy’s trajectory. From major reforms to foreign capital inflows, these activities played a crucial role in shaping Nigeria’s economic outlook. Here are the top 10 financial stories in Nigeria for 2025, backed by key data points that highlight their impact. 1. Nigeria …
