The National Bureau of Statistics (NBS) says the oil and gas industry was among the firms that had the highest credit allocations for private sector businesses in 2021. This was disclosed in NBS October 2022 banking sector data, noting that the total credit allocated to the private sector in Q1[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…]