FG Deducts Over N415 Billion from State Allocations for External Debt Servicing
The Federal Government has reportedly deducted a total of over N415 billion from state government allocations to service their external ...
Tag: #Nigeria
States’ N1.7 Trillion Debt to FG Unveiled at National Economic Council Meeting
At the recent 140th meeting of the National Economic Council chaired by Vice President Kashim Shettima, startling revelations surfaced regarding ...
FG Anticipates Over N5 Billion Quarterly Savings from Ban on Public-Funded Foreign Trips
The Federal Government of Nigeria is poised to achieve significant savings, estimated to exceed N5 billion every quarter, following the ...
Price of Kerosene Soars to N1,340 Per Litre Amid Escalating Inflation
The National Bureau of Statistics (NBS) has reported a concerning surge in the price of Household Kerosene (HHK), a vital ...
CBN Clears Forex Debt, Triggers New Exchange Rate Expectations
The Central Bank of Nigeria (CBN) has announced the successful clearance of all outstanding forex forward contracts, a move that ...
Senate Passes N446 Billion FIRS 2024 Budget
The Nigerian Senate has greenlit the 2024 budget of the Federal Inland Revenue Service (FIRS), allocating a total of N446,342,656,992 ...
NNPC to Take Decision (FID) on $25 Billion Nigeria-Morocco Gas Pipeline in 2024
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, has announced that ...
Nigeria to Develop 20 Megawatts Solar Plant in Partnership with Sovereign Fund
Nigeria's sovereign fund is set to embark on a groundbreaking venture to construct a 20-megawatt solar power plant in collaboration ...
Federal, State, and Local Government Allocations Surge to N10.14 Trillion
In the wake of the subsidy removal on Premium Motor Spirit (PMS), commonly known as petrol, the statutory revenue allocations ...
SEC Proposes ₦1 Billion Capital Requirement for Virtual Asset Companies
The Securities and Exchange Commission (SEC) of Nigeria has put forward a proposal to raise the minimum paid-up capital for ...
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