Nigeria News Digest: August 19, 2025
Nigeria saw significant moves in politics with INEC's voter registration surge and bye-election controversies. The economy showed signs of stabilization despite challenges, while security efforts tackled fraud and insurgency.
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News > Nigeria News Digest: August 19, 2025
Business & Economy
The telecom industry in Nigeria is anticipating tax reforms that aim to reduce the number of levies on operators. They hope these reforms will stimulate investment and accelerate Nigeria’s digital transformation.
- punchng.comThe attainment of Nigeria’s $1 trillion GDP goal by 2030 faces significant challenges, including inflation, low oil production, and persistent issues in the power sector. Experts doubt the feasibility of achieving this target.
- punchng.comAfter an 11-year delay, the Abuja Centenary City project has resumed with a N750 billion infrastructure deal with Julius Berger Nigeria Plc, aiming to transform the area into a modern technological hub.
- thecable.ngThe federal government of Nigeria has initiated a review of the revenue allocation formula, intending to allocate more funds to state governments while emphasizing the need for increased accountability and efficient service delivery.
- leadership.ng