Nigeria’s tariff system leaks billions yet weakens industry. Discover reforms to balance protection and boost competitiveness in Africa’s largest economy.

Nigeria’s fiscal reporting remains fragmented despite platforms like FAAC, Open Treasury, and GIFMIS. In 2023, over ₦10 trillion was disbursed, yet no consolidated account shows how funds were spent. Rising subnational debt and weak budget transparency deepen the challenge. While reforms such as the 2025 tax consolidation bill and Electronic Fiscal System signal progress, stronger coordination is needed to improve fiscal accountability in Nigeria.

As of July 2025, Nigeria had recorded over 165 reported building collapses since 2022, with Lagos State accounting for more than half. ...

In 2025, investor behavior in Nigeria is telling a story that policymakers can no longer ignore. Across the NGX, consumer goods companies...

The power sector remains one of Nigeria’s most visible policy failures, a system where supply is unreliable, infrastructure is decaying,...

Artificial Intelligence is no longer a distant frontier; it’s already embedded in Nigeria’s fast-growing digital economy. In 2024, the...

In August 2021, the IMF issued $650 billion in Special Drawing Rights (SDRs) to support global recovery from COVID-19. But the allocation...

The global space economy, projected to reach $1.8 trillion, is transforming industries beyond space exploration. Technologies once...

Building collapses in Nigeria are not just safety failures, they are economic disasters. From 2022 to 2024, over 135 collapses caused...

A rural health clinic in Nigeria stretched thin with limited supplies and overworked staff paints a stark picture of the challenges local...

The global trade landscape is at a critical juncture. Multilateral trade systems like the World Trade Organization (WTO) play a crucial...