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Nigeria To Raise $3bn Eurobond In October – Finance Minister

Nigeria To Raise $3bn Eurobond In October - Finance Minister       Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said the nation plans to raise about $3b in the Eurobond market in the second week of October. In an interview with Bloomberg TV, Ahmed...

States Generate N5.30trn, Get N10.19trn, Borrow N1.84trn In Five Years

States Generate N5.30trn, Get N10.19trn, Borrow N1.84trn In Five Years       The 36 states in Nigeria earned N5.30tn as internally generated revenue from 2016 to 2020. The states got N10.19tn from the Federation Accounts Allocation Committee within the time under review and borrowed N1.84tn from domestic...

Oil Marketers Seek Removal Of VAT On Imported Cooking Gas

Oil Marketers Seek Removal Of VAT On Imported Cooking Gas       The Major Oil Marketers Association of Nigeria has said the imposition of Value Added Tax on imported Liquefied Petroleum Gas, also known as cooking gas, will hamper the adoption of the fuel in the country. The...

Nigeria Records N1.87trn Trade Deficit Amid Rising Crude Oil Exports

Nigeria Records N1.87trn Trade Deficit Amid Rising Crude Oil Exports     Nigeria recorded a trade deficit of N1.87tn in the second quarter of the year despite recording 111.32 per cent in crude oil exports. However, statistics released by the National Bureau of Statistics in Abuja on Wednesday...

Osinbajo Says Reducing Customs Procedure Can Lift Nigeria, Others By $250bn

Osinbajo Says Reducing Customs Procedure Can Lift Nigeria, Others By $250bn       Vice President Yemi Osinbajo has said that despite the monumental challenges posed by climate change, especially energy transition and related issues, the coming decade anchored on the African Continental Free Trade Area offers great...

Andersen Faults FIRS On N1.8trn Tax Liability On Multichoice

Andersen Faults FIRS On N1.8trn Tax Liability On Multichoice         Tax and business advisory firm, Andersen, has questioned how the Federal Inland Revenue Service (FIRS), arrived at the N1.8 trillion tax bill it slammed on MultiChoice Nigeria, warning that it could harm the reputation of both...