Report Reveals NLNG Paid Buhari Regime $5.3bn Dividend
The Federal Government has received about $5.28bn as dividends from the Nigeria Liquefied Natural Gas Limited (NLNG) under the regime of President Muhammadu Buhari.
The latest data contained in the Facts and Figures 2022 report of the NLNG,...
Fed Govt To Grant N5.5trn Tax Waivers In 2023
The Federal Government has budgeted N5.51tn for tax expenditures in 2023.
This was according to the 2023 fiscal framework document obtained by our correspondent.
According to Tax Foundation, tax expenditures are a departure from the “normal” tax code...
FG Projects 82% Of Revenue For Debt Servicing – IMF
The International Monetary Fund (IMF) says the Federal Government has projected to spend 82 per cent of its revenue on interest payments in 2023.
According to the IMF, external debt (including that of the private sector)...
Challanges Faced With Redesign Naira Notes - Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Friday blamed the unpleasant situation created by the Naira swap on the limited capacity to print enough new Naira notes. Emefiele said this factor led to...
Naira Scarcity: Traders, Food Vendors Others Accept Transfers
Some food vendors, traders and hawkers in Lagos State have resolved to accept bank transfers from their various customers not to miss out on some sales.
The traders in separate interview on Friday, said that they had no...
Another Northern State Drags FG To Court Over Naira Redesign
Kano, a northwest state in Nigeria has dragged the federal government before the supreme court over the Central Bank of Nigeria's (CBN) naira redesign policy.
The state attorney general through his counsel, Sanusi Musa, prayed to...
