'FG Should Create Bonds To Forestall Players’ Rebellion'   A former chairman of the Gombe State Football Association, Alhaji Ahmed Shuaibu Gara-Gombe, has urged the Federal Government to establish bonds as a way to bridging the financial gap experienced by sports federations and players. While reacting to...

FG Raises N984.28bn Via Bonds In 4 Months, Amid 2022 Budget Deficit   Following the drive to raise local funds to finance the N6.26 trillion 2022 budget deficit, the federal government has borrowed a total of N984.28 billion through FGN bonds between January and April 2022,...

Investors Commit N3.36trn To FG Bonds   Investors committed about N3.36tn to Federal Government bonds between January and December 2021, according to an analysis of the FGN Bond Auction results available on the website of the Debt Management Office. Bond oversubscriptions hit N1.61tn within the period under...

FIRS To Tax Profits From Bonds, Securities The Federal Inland Revenue Service (FIRS) has announced that it would tax profits accruing from investments in bonds and short-term government securities by companies which would now be categorised as income tax. This, it said, followed the expiration of...

FG Commences Collection Of Income Tax On Bonds, Short-term Securities   The federal government will today commence the collection of income tax on bonds, short-term securities. This followed the expiration of a 2012 gazette which exempted Companies Income Tax (CIT) from bonds and short-term securities in the...

Fed Govt Borrows N13.6trn Via Bonds In Six Months Amid Rising Deficit Financing   The Federal Government’s bond offer and allotment rose by N1.99tn in the first six months of this year to N13.66tn, from the N11.67tn recorded in the corresponding period of last year. The Financial...