FG Lists January Savings Bonds     The Federal Government at the weekend listed two new tranches of its Federal Government of Nigeria Savings Bond (FGNSB) on the Nigerian Stock Exchange (NSE), paving the way for investors to trade on the debts. The two bonds – a two-year...

Fed Govt Offers Savings Bond For Subscription At N1,000         The Debt Management Office (DMO) has offered for subscription two years and three years Federal Government Savings Bonds at N1,000 per unit. A circular on the official website of DMO states that the two years bond with...

In 8 Months, FG Earned N2.4bn From Infrastructure Concessions         Within the past eight months, the federal government has earned at least N2.4 billion from the concession of infrastructure concessions through a public-private partnership model, records have shown. The Economic Confidential reports that the federal government through...

Fed Govt Earned N454.69bn From VAT In Q4, 2020         The Federal Government generated N454.69bn from Value Added Tax in the fourth quarter of 2020. The National Bureau of Statistics disclosed this in its report on ‘Sectoral distribution of Value Added Tax’ for fourth quarter of 2020. Part...

Fed Govt To Spend N766bn On COVID-19 Vaccination       The Federal Government is planning to spend a total of N766 billion for vaccination against Coronavirus (COVID-19) in 2021 and 2022. The government is seeking the approval of N367.502 billion through a Supplementary Budget to finance the COVID-19...

FG Deficit Rose By 17% To N4.45trn In 10 Months         The Federal Government (FG) recorded N4.45 trillion deficit spending in ten months to October 2020, up by 17 percent, year-on-year (y/y), against N3.8 trillion recorded in the corresponding period of 2019. The sharp increase in deficit...