CEO of Sonora Capital & Investment Limited, DR. Kunle Alonge, has shared his insights on the federal government’s plan to issue dollar bonds, aimed at enhancing Nigeria’s purchasing power and attracting diaspora investment, pointing out both the advantages and potential drawbacks. According to Alonge in an interview with ARISE NEWS[Read More…]
Tag: FX Volatility Pose Risks to Nigeria’s Economic Recovery
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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…]