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CBN: 75% of OMO, Treasury Bills Were Bid By Foreign Investors

CBN: 75% of OMO, Treasury Bills Were Bid By Foreign Investors According to the Central Bank of Nigeria (CBN), over 75% of bids received during the auctions of government securities held on March 1 and 6, 2024, were from foreign investors, showcasing their growing interest...

CBN: 75% of OMO, Treasury Bills Were Bid By Foreign Investors

CBN: 75% of OMO, Treasury Bills Were Bid By Foreign Investors According to the Central Bank of Nigeria (CBN), over 75% of bids received during the auctions of government securities held on March 1 and 6, 2024, were from foreign investors, showcasing their growing interest...

NPA Revenue Hits N501bn In 2023

NPA Revenue Hits N501bn In 2023 The Nigerian Port Authority (NPA) has posted an unprecedented revenue generation and remittances to the Consolidated Revenue Fund (CRF) of the federation, with revenues steadily growing from N361bn in 2022 to N501billion as of December 2023. Remittances increased from N93.4...

NPA Revenue Hits N501bn In 2023

NPA Revenue Hits N501bn In 2023 The Nigerian Port Authority (NPA) has posted an unprecedented revenue generation and remittances to the Consolidated Revenue Fund (CRF) of the federation, with revenues steadily growing from N361bn in 2022 to N501billion as of December 2023. Remittances increased from N93.4...

States’ Internal Revenue Collection Rises N2trn, Says Adedeji

States’ Internal Revenue Collection Rises N2trn, Says Adedeji The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has revealed that states’ Inland Revenue Service (IRS) have recorded improvements in revenue collection which has now reached N2 trillion mark for the first time. Adedeji...

Tax Crimes Commission Bill Passes Second Reading 

Tax Crimes Commission Bill Passes Second Reading  The House of Representatives on Wednesday passed a bill seeking the establishment of the National Tax Crimes Commission to address revenue leakages in tax management and administration in the country. When established, the bill sponsored by the Deputy Speaker...