FG Seeks N300bn Through Bond Auction
The Federal Government, through the Debt Management Office (DMO) has announced plans to raise N300bn from the bond market via auction on May 26.
According to the offer circular released by the DMO on Thursday, the issuance comprises an...
FG Approves Two Million Households for Cash Transfer Program
The Federal Government has commenced a revalidation exercise of the National Social Register as part of efforts to strengthen the ongoing conditional cash transfer programme aimed at cushioning the impact of economic reforms.
So far, a...
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 N1.5bn between April 23, 2025, and to date.
The Customs Area Controller in charge of the unit, Mohammed Shuaibu, announced this...
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 Medium Enterprises (MSMEs) through 79 participating financial institutions across the country.
The disclosure was made at a media parley with the...
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 a joint technical committee to strengthen tax revenue monitoring and boost fiscal sustainability across Nigeria’s three tiers of government.
The inauguration...
$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 that Africa will require more than $600bn annually in upstream oil and gas investment to meet its fast-growing energy demands.
He...
