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AMCON recovers N165bn from bank debtors in H1

  • 27th July 2026

Over 90% of informal workers abandon personal pension

  • 27th July 2026

Oando plans power generation from abandoned oil wells

  • 27th July 2026

Senate replaces outdated insurance law with new regulatory

  • 27th July 2026

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Tag: FG

News

States, LGs to share 90% VAT revenue – Presidential panel

The Presidential Committee on Fiscal Policy and Tax Reforms has suggested that the share of VAT revenue for states and local governments should be reviewed to 90 per cent, and that of the Federal Government cut down to 10 per cent. In addition, the Committee also recommended that the current rate of 7.5 per cent […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
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FG target $750m W’Bank loan, may reintroduce telecom tax

The Federal Government may reintroduce previously suspended telecom tax and other fiscal measures to secure a new $750m loan from the World Bank. This follows the Stakeholder Engagement Plan for Nigeria – Accelerating Resource Mobilisation Reforms programme between Nigeria and the World Bank. this was disclosed in a document posted on the World Bank’s website […]

Nigeria to phase out diesel, embrace hybrid energy — Shettima
News

Shettima cancels US business trip, blames faulty aircraft

The Vice-President, Kashim Shettima has aborted his planned trip to the United States of America to attend the 2024 US-Africa Business Summit in Dallas, Texas. This was disclosed by the Senior Special Assistant to The President on Media & Communications, Stanley Nkwocha in a statement on Monday, noting that the Minister of Foreign Affairs, Ambassador […]

Agribusiness

FG, states urged to introduce digital training for farmers

Professor Adeolu Ayanwale has called on the Federal and State governments to prioritise digital training for farmers to end food insecurity. This was disclosed by Prof. Ayanwale during a training and capacity development workshop organised by the Commonwealth of Learning, Canada, according to The Punch. Ayanwale is a Professor of Agricultural Economics at the Obafemi […]

News

FG mandates banks to deduct stamp duty charges on mortgages

The Federal Government has mandated all Deposit Money Banks to immediately start the deduction of the 0.375 per cent stamp duty charge on all mortgaged-backed loans and bonds. Mortgage-backed loans and bonds are debt securities issued by governments, municipalities, corporations, or other entities to raise capital, while mortgage-backed loans are loans extended by financial institutions […]

News

SERAP threatens to sue FG over Lagos-Calabar Coastal Highway project

The Socio-Economic Rights and Accountability Project has said it will sue the minister for works, David Umahi over the environmental and social impact assessment of the ongoing Lagos-Calabar coastal highway project. This was disclosed by SERAP via its official X handle on Thursday, issuing a freedom of information request against the minister. SERAP requested Umahi […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
News

FG approves salary increase for civil servants

The Federal Government has approved the increment of between 25% and 35% in salary for Civil Servants on the remaining six Consolidated Salary Structures. This was disclosed by the federal government in a post on the X handle of NTA on Tuesday. In the post, the Head of Press, National Salaries, Incomes and Wages Commission […]

News

FG to amend national tax policy

FG to amend national tax policy – Oyedelehe chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, has revealed the Amendment plans for changes to national tax policies. This disclosure was made by Oyedele via a post on his official X account on Tuesday. Oyedele said the amendment was part […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
News

FG unlocks $10bn investment in oil, gas

President Bola Tinubu announced that he had signed an executive order to unlock up to $10 billion of new investments in Nigeria’s oil and gas sector. This was disclosed by the President in his speech, at the opening of a two-day retreat on economic transformation and development organised by the House of Representatives, on Tuesday, […]

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