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...

FG Trades N72.4bn Solid Minerals In Q3, 2021   The National Bureau of Statistics (NBS) has said Nigeria traded a total of N72.4 billion solid minerals in the third quarter (Q3) of 2021. “The total value of solid minerals trade in Q3 2021 stood at N72.4 billion,”...

FG Raises N2.7trn Through FGN Bonds, N8.09bn Via Savings Bond In 2021   Data released by the Debt Management office (DMO) has showed that the federal government in 2021 raised N2.72 trillion through FGN Bonds as well as the N8.09 billion through Savings Bond. This is as...

Fed Govt Implementing Reforms To Attract More Investments – DMO   The Debt Management Office has said the Federal Government is implementing several reforms to attract more investments into the country. The Director-General, DMO, Ms Patience Oniha, said this during the third edition of Coronation Merchant Bank’s...

FG, States Share N676bn For November   The three tiers of government in the country shared N675.946 billion from the federation account for November on Friday. Mr Olajide Oshundun, Acting Director, Information, Ministry of Finance, Budget and National Planning stated this on Saturday in Abuja. The federal government...

Fed Govt Debt Servicing Gulps N2.49trn In Nine Months – DMO   Nigeria spent N2.49tn on debt servicing payments in the first nine months of 2021, data obtained from the Debt Management Office have shown. Between January and March 2021, Nigeria spent N612.71bn on domestic debt servicing,...