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...

Experts Blame 2023 Elections For N4.1tn Rise In Recurrent Expenditure   The Federal Government has recorded a N4.18tn increase in its recurrent expenditure in the past six years with experts linking the significant rise especially in the 2022 budget proposal to the upcoming 2023 elections, naira...

In One Year, Nigerian Banks Lend Private Sector N4.1trn   The Nigerian banking sector’s credit to the private sector rose by N4.1tn or 13.8 per cent between September 2020 and September this year. The CBN’s money and credit statistics report showed that in September 2020, bank’s credit...

FG Seeks N4.1trn To Fill 2020 Financing Gaps     Despite accessing $3.4billion from the International Monetary Fund (IMF), the Federal Government still needs at least $10.6billion or about N4.1trillion to address the gaps in the country’s Balance of Payment (BOP), without mounting pressure on the foreign...