MORE REVENUE, FEWER TAXES ON THE WRONG PEOPLE — CAN NIGERIA FINALLY BUILD A FAIRER TAX SYSTEM? Edge Of The World Nigeria Tax Reform For decades, Nigeria has had a strange economic problem. A country of more than 200 million people, one of Africa’s largest economies and home to millions of businesses has struggled to collect enough domestic revenue to properly fund the country it is trying to build. The question, therefore, is not simply: “Should Nigerians pay tax?” The bigger question is: Who should pay, how much should they pay, and what should Nigerians receive in return? That is what makes Nigeria’s tax reform one of the most important — and least understood — parts of the economic reset. THE TAX SYSTEM HAS CHANGED President Bola Ahmed Tinubu signed four major tax reform laws in June 2025. The new framework includes the Nigeria Tax Act 2025, Nigeria Tax Administration Act 2025, Nigeria Revenue Service (Establishment) Act 2025 and Joint Revenue Board (Establishment) Act ...
From 26.5% to 23% — Is Nigeria finally entering the next phase of its economic reset? Edge Of The World CBN REFORM For three years, Nigerians have heard the same difficult message: stability must come before relief. Interest rates went up. The Naira was reset. Inflation remained painfully high. Businesses complained about the cost of finance. Consumers felt the pressure every time they went shopping. But now, something important has changed. The Central Bank of Nigeria has just made one of its biggest monetary-policy moves in years. After its 21–22 September 2026 Monetary Policy Committee meeting, the CBN reset the Monetary Policy Rate from 26.5% to 23% — a reduction of 350 basis points. And this is where Nigeria's economic story gets interesting. INFLATION IS FINALLY MOVING IN THE RIGHT DIRECTION According to the latest MPC assessment, headline inflation fell to 15.39% in August 2026 , down from 15.43% in July. Food inflation also declined from 20.31% to 19.57% , ...