Illicit Alcohol Sales Causes N438bn Lost Annually – SWAN
Nigeria is bleeding an estimated N428 billion in potential annual revenue due to the thriving illicit trade in spirits and ...
Tag: FG
FG Deductions Swallow 41% of N84 Trillion Revenue Starving States and LGs – World Bank
Nigeria’s federation revenues have surged to N84 trillion over the past three years, but a staggering 41% of this amount ...
FG Increases 2026 Borrowing Plan to N29.20 Trillion as Fiscal Deficit Widens
The Federal Government has raised its projected borrowing requirement for 2026 to N29.20 trillion, reflecting a significant expansion in the ...
FG Opens Subscription for N750 Billion March Bond Offer
The Federal Government, through the Debt Management Office (DMO), has opened subscriptions for N750 billion worth of Federal Government of ...
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 ...
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 ...
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