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Out of the 2020 budget deficit of N6.1 trillion, N2 trillion was sourced from domestic borrowing, and another N12 trillion from foreign borrowing. The...
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The Federal Government of Nigeria recently announced a $3.5 billion agreement with the African Export-Import Bank (Afreximbank). This deal aims to enhance the textile...
Nigeria’s mining sector holds great potential. It has a wealth of mineral resources and human capital but needs help with significant challenges. From the...
Tinubu Mourns Long-Reigning Traditional Ruler in Kaduna President Bola Tinubu expressed deep sorrow over the death of Dr. Tagwai Sambo, the Chief of Moroa....
Guaranty Trust Holding Company Plc (GTCO), Africa’s leading financial services institution, has been named Nigeria’s strongest brand and Best Banking Brand by Brand Finance...
On May 21, 2024, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) concluded its 295th meeting with a pivotal decision:...
Out of the 2020 budget deficit of N6.1 trillion, N2 trillion was sourced from domestic borrowing, and another N12 trillion from foreign borrowing. The...
FIRS chairman, Muhammad Nami, expressed worries that many rich multinational corporations did not pay the right taxes due to them.
The review indicates that oil demand globally shows a curbed recovery over the next few years following the Covid-19 induced demand slump.
The act exempts official bank accounts owned by the federal government, state government or local governments or any of their ministries, departments or agencies.
Nigeria also owes five countries (China, France, Japan, India and Germany) $4.07 million; accounting for 12.74 percent of the nation’s external debt.
The break down of the Public Debt Stock showed that 37.82% was External, while the balance of 62.18% was Domestic.
The federal executive council (FEC) approved the implementation of the first phase of IDSP on December 16, 2020.
In a recent meeting with the ruling APC party chieftains, President Buhari had promised the border would be opened ‘as soon as possible’.
The inclusion of free duty and levy for commercial airline operators in line with presidential waivers and approval already granted by the President.
The loan will focus on four areas of engagement.