Foreign Currency Tax Receipts Jump to N6.33tn in 2025 Amid Exchange Rate Shifts
Nigeria’s foreign currency-denominated tax receipts surged to N6.33tn in 2025, reflecting stronger contributions from multinational firms and the impact of ...
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Tag: #PublicFinance
FAAC Distributes N2.04tn March Revenue to FG, States, LGs
The Federation Account Allocation Committee (FAAC) shared a total of N2.04tn as revenue for March 2026, reflecting a N150bn increase ...
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Nigeria’s Debt Servicing Rises to N15.81tn in 2025 Amid Surge in Domestic Interest Payments
Nigeria’s total debt servicing climbed to N15.81tn in 2025, representing a N2.98tn increase from N12.83tn recorded in 2024, according to ...
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Finance Ministry Dismisses Claims of Hidden Spending, Defends FAAC Deductions
Nigeria’s Federal Ministry of Finance has dismissed claims of hidden spending and diversion of federation revenue, describing recent interpretations of ...
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World Bank Flags Weaknesses in Nigeria’s Public Finance System
The World Bank has raised fresh concerns about weaknesses in Nigeria’s public finance management system, warning that persistent gaps in ...
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FG Begins Implementation of Executive Order 9 on Direct Oil Revenue Remittance to FAAC
The Federal Government of Nigeria has commenced the implementation of Executive Order 9 of 2026, mandating the direct remittance of ...
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FCT-IRS Directs Taxpayers to File 2025 Income Returns Before March 31, 2026
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has urged all taxable residents of the Federal Capital Territory to file ...
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FG Directs MDAs to Strictly Comply with Medium-Term Expenditure Framework
The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to strictly comply with the Medium-Term Expenditure Framework (MTEF) ...
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New Tax Laws Will Drive Nigeria’s Transition to Modern Economy — Iyabo Masha
The Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, Iyabo Masha, has said Nigeria’s new ...
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FG Now Accounts for Over Half of Nigeria’s Total Public Debt
Nigeria’s rising debt burden is becoming increasingly concentrated at the centre, with the Federal Government now accounting for more than ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.