FG Scraps 7% Customs Deduction from FAAC, Shifts to Import-Based Funding Model
The Federal Government has eliminated the longstanding 7% cost-of-collection deduction previously retained by the Nigerian Customs Service (NCS) from Federation ...
Tag: FG
States Handle 45% of Nigeria’s Public Spending, FG Says
State governments now account for approximately 48% of total public expenditure in Nigeria, underscoring the critical need for stronger collaboration ...
FG Unveils Livestock Export Reforms as US Congress Urges Ban on Nigeria’s Beef Shipments
The Federal Government of Nigeria has announced comprehensive reforms aimed at modernising the country's livestock export sector, currently valued at ...
Domestic Dollar Bond Interest Payments Reach N140.29 Billion in First Nine Months of 2025
Nigeria incurred N140.29 billion in interest payments on its domestic US dollar-denominated bonds between January and September 2025, according to ...
Nigeria Revenue Service Targets N40.7 Trillion in 2026 Following Major Tax Reforms.
The Nigeria Revenue Service (NRS) has set an ambitious revenue target of N40.7 trillion for 2026, a substantial increase from ...
Capital Market’s GDP Contribution Surges to 33% as Market Cap Hits N123.93 Trillion
The Nigerian capital market has dramatically expanded its economic footprint, with its contribution to the country's Gross Domestic Product rising ...
Debt Rises as 11 States and FCT Drive N373 Billion Increase in Nine Months
Eleven Nigerian states and the Federal Capital Territory (FCT) significantly expanded their combined domestic debt by N373.06 billion between December ...
FG Targets N800 Billion in February Bond Auction, Doubling Last Year’s Offer Amid High Borrowing Costs
Nigeria's Debt Management Office (DMO) has scheduled a Federal Government bond auction for February 23, 2026, aiming to raise N800 ...
Nigeria Records $10.83 Billion Trade Surplus in First Nine Months of 2025 on Stronger Exports
Nigeria posted a robust trade surplus of $10.83 billion in the first nine months of 2025, with exports of $44.06 ...
FG Disburses N2.45 Trillion to States for Infrastructure and Security Over 17 Months
The Federal Government disbursed a total of N2.45 trillion to state governments and the Federal Capital Territory between March 2024 ...
Popular Story
NGX Market Cap Dips Below N130 Trillion as Profit-Taking Takes Hold
Nigeria’s Current Account Surplus Plunges 65% to $1.4 Billion in Q4 2025
Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing
CBN Mandates AI-Powered AML Systems for Banks and Fintechs in Landmark Guidelines
CBN Auctions N1.05 Trillion in Treasury Bills, Pushing Two-Week Borrowing Near N3 Trillion
