Finance
FG now has enough to clear debts – Edun
Minister of finance and coordinating minister of the economy, Wale Edun, has disclosed that the federal government now has enough...
Nigeria’s FX reserves gain $535 million in 28 days
Nigeria’s foreign exchange (FX) reserves have grown by approximately $535 million over the past 28 days. This is according to...
NDIC increases insurance Coverage for bank customers to N5m
The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage for customers of deposit money banks from...
DMO sold Treasury Bills worth N2.6 trillion in March – FMDQ
A report of the FMDQ Markets for March has shown that the Debt Management Office (DMO) sold Treasury Bills (T.bills)...
Customs adjusts duty clearance rate twice in four days
Nigeria Customs Service (NCS) has effected two changes in the exchange rate for cargo clearance in the last four days....
FAAC: FG, states, LGs share N1.123 trillion for March
The Federation Account Allocation Committee (FAAC) has shared the sum of N1.123 trillion to the three tiers of government for...
FG raises N627 billion in April bond auction
The Debt Management Office (DMO) has disclosed that the federal government raised the sum of N626.813 billion in its April 2024...
World Bank says 10 million Nigerians pushed to poverty in 2023
The World Bank has said that no fewer than 10 million Nigerians were pushed into poverty in 2023 as a...
Customs slashes import duties exchange rate to N1,147/$
The Nigeria Customs Service (NCS) has reduced the exchange rate for import duties collection from N1238.1/$ to N1,147/$. This represents...
Nigeria to achieve 7% annual GDP growth with National Single Window – FIRS
The Federal Inland Revenue Service (FIRS) has stated that the country will record an average of 7 per cent growth...