FG To Raise N471bn From Capital Market In First Quarter   The Federal Government plans to raise about N471 billion in new debt capital from the domestic capital market this quarter as the government begins fund raising to bridge 2022 budget deficit of about N6.39 trillion. Provisional...

What Nigeria Gained from Twitter Ban - FG The Federal Government has said it has no regret on the steps it took on the suspension of Twitter. The government said that contrary to widespread claims, the country has gained a lot from the negotiations and the...

FG Gives Customs N4.1trn Revenue Target   The Federal Government has set a revenue target of N4.1trillion for the Nigeria Customs Service (NCS) this year. The service contributed N2.24trillion into the Consolidated Revenue Account (CRA) last year. The N4.1trillion revenue target was disclosed by the Customs Area Controller...

Fed Govt To Borrow At A Higher Cost As Global Interest Rates Spike   As if the COVID-19 pandemic was a good thing, global interest rates were maintained at historic low levels over the past two years, as monetary policy authorities across the world lowered interest...

After 222 Days, N546.5bn Economic Losses, FG Finally Lifts Twitter Ban   After 222 days and economic losses of about N546.5 billion, the Federal Government has finally lifted the ban on Twitter operations in Nigeria. The lifting of the suspension was announced yesterday, via a statement by...

Fed Govt Overshoots Debt Servicing By N1.15trn In 11 Months     The Federal Government exceeded its debt service allocation by N1.15tn for the period between January and November, 2021, documents have shown. A copy of the public presentation of the 2022 approved budget by the Minister of...