The Central Bank of Nigeria (CBN) says there is sufficient cash for economic activities after reports of scarcity in some locations. In a statement by Isa AbdulMumin, CBN director, corporate communications, the apex bank said the scarcity experienced in some locations was due to high volume withdrawals from its branches[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…]