The management of Dangote Industries Limited (DIL), has reported that Nigeria has received $687,977 million from its pan-African activities. The company reported that it has so far repatriated around $576.009 million through several Nigerian banks, in addition to a $111.968 million cash swap deal between Dangote Cement Plc and Ethiopian[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]