FG Seeks N300bn Through Bond Auction
FG Seeks N300bn Through Bond Auction
The Federal Government, through the Debt Management Office (DMO) has announced plans to raise N300bn from the bond...
FG Approves Two Million Households for Cash Transfer Program
FG Approves Two Million Households for Cash Transfer Program
The Federal Government has commenced a revalidation exercise of the National Social Register as part...
NCS Impounds Contraband Worth N1.5bn
NCS Impounds Contraband Worth N1.5bn
The Nigeria Customs Service (NCS) Federal Operations Unit, Zone A, Ikeja, said it intercepted seven 20ft containers of contraband worth...
DBN Disburses Over N1trn to MSMEs
DBN Disburses Over N1trn to MSMEs
The Development Bank of Nigeria Plc (DBN) has announced that it has disbursed over N1tn to Micro, Small and...
FIRS, RMAFC Form Committee to Enhance Tax Compliance
FIRS, RMAFC Form Committee to Enhance Tax Compliance
The Federal Inland Revenue Service (FIRS) and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) have inaugurated...
$600bn Needed Annually for Africa’s Energy Development – NUPRC
$600bn Needed Annually for Africa's Energy Development - NUPRC
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe, has said...
TinCan Customs Generates N145bn from Lagos Port in April
TinCan Customs Generates N145bn from Lagos Port in April
The Tincan Island Port Command of the Nigeria Customs Service (NCS) has enhanced trade facilitation, as...
IMF Verifies Nigeria’s $3.3bn Loan Repayment
IMF Verifies Nigeria's $3.3bn Loan Repayment
The International Monetary Fund (IMF) has confirmed that Nigeria has fully repaid the $3.4bn financial support it received...
Nigeria Secures Additional $215m Loan From World Bank
Nigeria Secures Additional $215m Loan From World Bank
The World Bank has disbursed additional funds to Nigeria under the $800m National Social Safety Net...
IMF, World Bank and the Recolonisation of Nigeria, by Umar Farouk Bala
These moves, applauded by both the International Monetary Fund (IMF) and the World Bank, were sold to Nigerians as necessary steps toward economic stability.
Electricity Subsidy Bill Surges to N762bn
Electricity Subsidy Bill Surges to N762bn
Electricity subsidy has increased to about N762bn in the first four months of 2025.
Figures from various reports of the...
AfDB Provides $650m Annual Economic Boost to Nigeria
AfDB Provides $650m Annual Economic Boost to Nigeria
The African Development Bank Group has approved a new five-year Country Strategy Paper for Nigeria, committing about...
‘Tax Reform Bill Will Reshape Economy’
'Tax Reform Bill Will Reshape Economy'
The President of the Chartered Institute of Taxation of Nigeria ( CITN) Mr Samuel Agbeluyi, has said that the...
Nigeria Set to Clear IMF Loan by 2029
Nigeria Set to Clear IMF Loan by 2029
Nigeria is on track to fully repay its International Monetary Fund Rapid Financing Instrument loan by 2029.
The...
Tax-Exempted Firms Inject N2.53tn into Nigerian Economy – FG
Tax-Exempted Firms Inject N2.53tn into Nigerian Economy - FG
The Federal Government has revealed that the 107 companies which it granted tax exemptions collectively invested...
World Bank Forecasts 3.6% Economic Growth for Nigeria
World Bank Forecasts 3.6% Economic Growth for Nigeria
The World Bank has projected that Nigeria’s economy will grow by 3.6 per cent in 2025, building...
Ten Banks Contribute N987bn in Taxes to FG
Ten Banks Contribute N987bn in Taxes to FG
Ten commercial banks in Nigeria paid a combined N987.40bn in corporate income tax to the Federal Government...
‘Rising Inflation May Halt Interest Rate Reduction’
'Rising Inflation May Halt Interest Rate Reduction'
Members of the Organised Private Sector have expressed fear that the recent uptick in Nigeria’s inflation rate risks...
MAN Reports 35% Drop in Manufacturing Sector Investments
MAN Reports 35% Drop in Manufacturing Sector Investments
A report by the Manufacturers Association of Nigeria (MAN) has revealed that investments in the manufacturing sector...
‘US Tariff May Slow Nigeria’s Economic Growth Prospects’
'US Tariff May Slow Nigeria’s Economic Growth Prospects'
Nigeria’s economic growth prospects in 2025 face a potential slowdown due to a newly imposed 14 per...
