Taxes
FIRS vs NRS — what the new Nigeria Revenue Service means for taxpayers
The old FIRS name is gone, replaced by a bigger mandate, a new digital portal, and expanded enforcement powers under the Nigeria Revenue Service.
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The old FIRS name is gone, replaced by a bigger mandate, a new digital portal, and expanded enforcement powers under the Nigeria Revenue Service.

Nigeria pulled $1.5 billion from a $5 billion derivatives deal with the UAE’s largest lender, ignoring warnings from the IMF, Fitch, and Moody’s about the risks involved.

Personal loans without collateral in Nigeria are now available at every major bank, but the difference between the cheapest and costliest product could double your total repayment.

Aradel Holdings hit the daily price floor for a second straight session as bears tightened their grip on the NGX, dragging 37 stocks lower and wiping nearly ₦1 trillion off market capitalization.

Government loans in Nigeria offer interest rates as low as 0%, but most eligible applicants never access funding because they apply to the wrong program.

Aradel Holdings barely moved on June 25, but three of its closest oil sector rivals dropped close to the daily limit.

The Dangote Refinery IPO price per share will be set during the book-building process, but analyst valuations between $39 billion and $50 billion already frame the likely range.

No official Dangote refinery IPO date has been confirmed, but founder Aliko Dangote targets September 2026 as the SEC clarifies that no filing exists yet.

S&P Globals hiked its 2026 projection by nearly two percentage points and trimmed Nigeria’s economic growth forecast in the same report.
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