Nigeria’s 2025 Foreign Tax Receipts Hit Record $4.59 Billion on FX Reforms

NBS confirms record N6.33 trillion ($4.59 billion) in 2025 foreign currency tax receipts

The figure marks a 27.3% increase compared to 2024 tax collection totals

CBN exchange rate liberalization significantly boosted the naira value of dollar-denominated taxes

Higher receipts fueled by stricter compliance and 2025 corporate tax revaluation gains

Nigeria’s 2025 Foreign Tax Receipts Hit Record $4.59 Billion on FX Reforms

NBS confirms record N6.33 trillion ($4.59 billion) in 2025 foreign currency tax receipts

The figure marks a 27.3% increase compared to 2024 tax collection totals

CBN exchange rate liberalization significantly boosted the naira value of dollar-denominated taxes

Higher receipts fueled by stricter compliance and 2025 corporate tax revaluation gains

Economy

Kenya’s Economic Growth Slows Slightly to 4.6% in 2025

Energy

Nigeria petrol prices jump 23% in march as costs surge in Abuja and Lagos

Economy

Ghana Rejects Multimillion-Dollar U.S Health Deal Over Data Privacy

Energy

UAE stuns global energy markets by exiting opec and opec+

Economy

IMF Approves $266 Million for Liberia’s Climate Resilience and Economic Stability

Finance

NGX transactions hit historic N4.15T in Q1 2026 amid 29% market surge

Finance

UBA Targets Debt Recovery for 2026 Dividend Return After 47% Profit Slide

Energy

Regulatory Fog Jeopardizes Nigeria’s Power Sector Reforms, PwC Warns

Beyond the Red Carpet: The UK State Visit is an Investment in Nigeria’s Future

24 March 2026

South Africa to scrap its prime lending rate with central bank policy rate

18 February 2026

Nigeria Industrial Giant BUA Partners Abu Dhabi’s AD Ports to Revolutionize West African Logistics

17 February 2026

Nigerian Breweries Swings Back to Profitability in 2025 After 2 years losing streak

13 February 2026

AU Summit: Nigeria Secures Permanent Seat on African Central Bank Board

13 February 2026

Nigerian Naira anchors as foreign reserves hit 8-year peak of $47b

10 February 2026

Economy

Nigeria disburses record N2.036 trillion as oil revenue surges in March

Economy

South Africa March inflation nudges upward to 3.1% amid rising school fees

Economy

Wale Edun shows appreciation, steps aside as Nigeria’s finance minister after three-year reform push

Economy

Morocco’s inflation rebounds to 0.9% as four-month deflationary streak ends

Economy

Uganda’s central bank begins domestic gold purchase to bolster reserves

Economy

Strategic harmony: Nigeria’s new fiscal and monetary frontier

Economy

East African tigers vs. West African miners: meet Africa’s 10 growth leaders

Economy

IMF Approves 10-Month Monitoring Program for Zimbabwe to Bolster Economic Stability

Business

Nigeria slashes vehicle import tariffs to 40% to combat inflation

Business

Manufacturing leads Nigeria’s N9.21 trillion corporate tax surge in 2025

Business

Nigeria’s private sector sees 16-month growth streak as PMI hits 53.2

Business

Nigeria: Otti commissions $35m beverage plant in Aba, pledges continued industrial support

Business

Standard Bank targets 12% annual profit growth in new 2026–2028 Strategy

Business

WTO Faces “Disorderly Collapse” as Reform Deadline Looms in Cameroon

Business

Nigeria scraps FX limits, grants oil firms 100% access to export proceeds

Business

Kenya Airways reverses profit with 17.93 billion Shilling pre-tax loss in 2025

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