Category: Finance

Reps extend 2025 capital budget deadline to September 30

The House of Representatives on Monday approved a three-month extension for the capital component of...

Nigerians, others borrowed $3.18bn airtime credit in 2025 — Optasia

Mobile phone subscribers in Nigeria and other emerging markets borrowed airtime worth $3.18bn on credit...

Naira gains against Euro, closes at ₦1573/€

The Naira strengthened against the major European currency in the 4th session of the week....

NRS unveils Rev360 digital platform to boost tax compliance

The Nigeria Revenue Service has unveiled Rev360, its next-generation digital tax administration platform designed to...

Lawmakers don’t fix their salaries, RMAFC does — Senate leader

Senate Leader, Opeyemi Bamidele, has dismissed claims that federal lawmakers determine their own allowances. Rather,...

IMF projects Nigeria’s external debt to hit $72.6bn by 2027

Nigeria’s public external debt is projected to rise by $20.7bn by 2027, the country’s election...

Tax Ombud vows to end multiple taxation across Nigeria

The Tax Ombud, Dr. John Nwabueze, has pledged to eliminate arbitrariness in Nigeria’s tax system...

DMO raises Q2 Treasury Bills issuance by ₦850bn

The Debt Management Office has increased its Nigerian Treasury Bills issuance programme for the second...

FG clears over ₦700bn contractor debts

The Federal Government has processed payments exceeding N700bn in verified obligations owed to local contractors...

FG slashes imprest for ministers, heads of MDAs

The Federal Government has introduced a fresh set of measures aimed at strengthening financial discipline...

Dollar trades near ₦1,400 in parallel FX market

The naira maintained relative stability against the United States dollar in both the official and...

Reps recover over ₦521m in unremitted VAT from CBN

The House of Representatives Public Accounts Committee has recovered ₦521,765,134.17 in unremitted Value Added Tax...