Customs Suspends 4% FOB Charge on Imported Goods
The Nigeria Customs Service (NCS) has confirmed receipt of a directive from the Federal Ministry of Finance to suspend the ...
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Tag: #NigeriaEconomy
FGN Savings Bond Exposure Rises 6.27% to N36.23bn in Nine Months of 2025
As the federal government continues to borrow from domestic investors to bridge the 2025 budget deficit, its exposure to the ...
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FIRS Clarifies: Nigerians Do Not Need Separate TIN to Operate Bank Accounts
The Federal Inland Revenue Service (FIRS) has clarified that Nigerians are not required to obtain a separate Tax Identification Number ...
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TUC Threatens Nationwide Strike Over Proposed 5% Petroleum Tax
The Trade Union Congress (TUC) has issued a two-week ultimatum to the Federal Government to scrap the proposed five per ...
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Nigeria’s Debt-to-GDP Ratio at 38.8% as Reforms Boost Revenue
Nigeria’s debt-to-Gross Domestic Product (GDP) ratio has dropped to 38.8 per cent, according to the Minister of Finance and Coordinating ...
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MOFI, CRMI Sign MoU to Strengthen Risk Management in FG Portfolio Companies
The Ministry of Finance Incorporated (MOFI) and the Chartered Risk Management Institute of Nigeria (CRMI) have signed a landmark Memorandum ...
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Nigeria’s Diaspora Remittances Jump 200% to $600m in Two Months — CBN
Nigeria’s diaspora remittances have surged by 200 percent to $600 million over the past two months, according to the Governor ...
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NESG Urges FG to Anchor Economic Growth on Productivity, Not Inflation
The Nigeria Economic Summit Group (NESG) has urged the Federal Government to base its economic growth agenda on productivity rather ...
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Nigeria’s Excess Crude Account Rises to $535,823, Says Accountant-General
The Accountant-General of the Federation, Shamsedeen Ogunjimi, has disclosed that Nigeria’s Excess Crude Account (ECA) stood at $535,823.39 as of ...
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NEC Endorses 2026–2030 Renewed Hope Plan to Drive $1 Trillion Economy Target
The National Economic Council (NEC) has endorsed the framework for the five-year Renewed Hope Development Plan (2026–2030), designed to consolidate ...
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