Fed Govt To Auction N150bn Bonds In October The Debt Management Office said on Tuesday that the Federal Government will offer N150bn bonds for subscription in October. A circular by the DMO on its website showed that the breakdown of bonds consisted of three bonds worth...

Budget: Fed Govt Allocates N4.2bn To Moribund Ajaokuta Steel   The Federal Government has allocated the sum of N4.2bn to the Ajaokuta Steel Company Limited for the year 2022. This was disclosed in the 2022 budget details report obtained from the Budget Office. It was earlier reported that...

Two Years After, FG Loses N24bn To Land Border Closure In Ogun   The Federal Government has lost at least N24 billion to the continued land border closure in Ogun State, spanning two years, Daily Trust’s findings have revealed. In August 2019, Nigeria closed its land borders...

Debt Servicing Cost Rises To N2.9trn, Gulps 74% Of Revenue — FG   The Federal Government has said that it spent N2.89tn on debt servicing between January and August. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this during the public presentation and breakdown...

FG Lists Fresh Savings Bonds On NGX           The Federal Government at the weekend listed its latest monthly issuances of savings bonds on the Nigerian Exchange (NGX) Limited, paving the way for investors to trade on the bonds issued in September 2021. The Debt Management Office (DMO),...

VAT: Oyo Govt Seeks To Join Rivers In Suit Against Fed Govt             The Oyo State has asked the Court of Appeal sitting in Port Harcourt, Rivers State, for joinder in the suit instituted by the Rivers State Government against the Attorney-General of the Federation in...