20.09.2026

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JP Morgan Backs Afreximbank Bonds After Fitch Downgrade

IDNN
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Investor confidence around Afreximbank bonds came into focus after JP Morgan publicly backed the lender’s debt despite a recent downgrade by Fitch Ratings. The move highlights diverging views within global markets on African development finance risks, even as rating agencies reassess exposure amid tightening global financial conditions....

Tax Laws Controversy: Reps Spokesman Rejects Ndume’s Falsification Claims

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Nigeria’s tax laws controversy intensified after the House of Representatives rejected claims that newly enacted tax reforms were falsified. The rebuttal followed allegations by Senator Ali Ndume, reopening questions around legislative transparency, internal review processes and how disputes over major fiscal reforms are resolved within Nigeria’s lawmaking system....

IMF Global Growth Outlook 2026 Nigeria Ranks Among Top Contributors

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Nigeria has been listed among the world’s top contributors to global economic growth in 2026, according to the International Monetary Fund. The IMF global growth outlook 2026 Nigeria projection places the country ahead of several advanced economies in the Fund’s latest ranking and underscores a wider shift toward emerging markets as the main engines of world expansion....

Nigeria’s Tax Deadline Is Closer Than It Looks — What the Annual Returns Rule Really Means

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As Nigeria’s annual tax filing deadline approaches, authorities are intensifying compliance efforts, warning individuals and businesses against late submissions. The push is part of a broader reform drive to expand the tax base and improve transparency. For many taxpayers, however, confusion remains over who must file, what qualifies as compliance, and what penalties apply....

Anambra, Traders Agree on Phased Remodelling of Onitsha Main Market to Ease Disruption

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The Anambra State Government and traders at Onitsha Main Market have reached an agreement on a phased remodelling plan aimed at upgrading market infrastructure while minimising disruption to business activities. The approach follows weeks of negotiation and reflects the state’s effort to balance urban renewal goals with the economic realities faced by traders....

Senate Targets March 17 for Passage of ₦58.47tn 2026 Budget, Sets Tight Review Timetable

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The Nigerian Senate has fixed March 17, 2026, for the final passage of the ₦58.47 trillion federal budget, unveiling an accelerated timetable for committee scrutiny, public hearings, and engagement with key economic managers. Lawmakers say the schedule is designed to balance speed with detailed oversight as fiscal pressures and reform expectations intensify....

₦58.4 Trillion 2026 Budget Second Reading Without Debate: What Nigeria’s Silence in the House Really Means

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Nigeria’s House of Representatives moved the ₦58.4 trillion 2026 budget through second reading without debate, after a closed-door meeting and brief remarks by the House Leader. The bill is now with the Appropriation Committee. This deep dive explains why “no debate” matters, what scrutiny shifts to committees, and the signals it sends ahead of 2027....

₦58.4 Trillion 2026 Budget Passes Second Reading Without Debate in House

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Nigeria’s House of Representatives passed the ₦58.4 trillion 2026 budget through second reading without debate, a rare legislative moment that raises questions about oversight, executive–legislative balance, and pre-2027 politics. While leaders cite macroeconomic gains, the silence on the floor is as consequential as the numbers themselves....

Zamfara Governor Dauda Lawal Receives Super Eagles Coach Eric Chelle for Sports Development Talks

Noble Onyeagoro
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Zamfara State Governor Dauda Lawal Dare met with Super Eagles head coach Eric Chelle on January 28, 2026, to discuss strategies for enhancing sports development in the state. The focus was on promoting youth participation in sports, with plans for a revamped sports complex and stadium nearing completion to serve as a hub for community and grassroots athletics....

UK Prosecutors Say Diezani Spent £2m at Harrods as Trial Continues

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UK prosecutors have told a London court that former Nigerian oil minister Diezani Alison‑Madueke spent about £2m at luxury retailer Harrods, as proceedings in her corruption trial continued. The allegation forms part of a wider case examining the movement and use of funds prosecutors say were illicitly obtained....

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