Economy
Nigeria Predicts Historic $9.5 Billion Tax Collection in Second Half
Nigeria is set to achieve another record in tax collection as it forecasts raising 7.5 trillion naira ($9.5 billion) in...
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FG Records $7 Billion of Taxes in First Half 2023
In a positive development for Africa's largest economy, Nigeria has achieved a record-breaking revenue collection in the first half of...
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CBN Rolls Out N187.11 Billion Treasury Bills in Primary Market Auction.
The Central Bank of Nigeria (CBN) recently conducted its Primary Market Auction (PMA) for Treasury Bills, issuing maturing bills worth...
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KPMG Advocates Alternatives to Money Supply in Response to Petrol Subsidy Removal.
Global audit, tax, and advisory services firm, KPMG, has called for the deployment of alternative measures to money supply in...
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Federation Account Allocation Committee Shares N907.05bn among Tiers of Government for June 2023
The Federation Account Allocation Committee (FAAC) has announced the sharing of N907.05bn among the three government tiers forThursday's latest FAAC...
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FG Records N13.33bn Revenue Shortfall from Gas Flaring Penalties
In the first two months of 2023, the Federal Government experienced a revenue shortfall of N13.33bn due to penalties issued...
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IMF Approves $1 Billion Loan to Aid Kenya’s Economic Crisis and Climate Initiatives.
The International Monetary Fund (IMF) has stepped in to provide crucial financial assistance to Kenya, approving the disbursement of a...
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LCCI Urges CBN to Remove Forex Restrictions on 43 Products.
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Central Bank of Nigeria (CBN) to eliminate foreign...
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Emadeb Energy Breaks NNPC’s Monopoly, Imports 27 Million Litres of Petrol into Nigeria.
In a significant development for Nigeria's fuel supply chain, Emadeb Energy Services Limited has shattered the long-standing monopoly held by...
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Widening Gap After Exchange Rate Unification: I&E Window vs. Parallel Market Rate.
The recent unification of the exchange rate in Nigeria aimed to close the gap between the Investors and Exporters (I&E)...
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