FBN Holdings has sought to clarify the recent divestment from its Merchant Banking business. According to the lender, all its businesses and entities apart from the Merchant Banking business are not included in the divestment deal. It said, “We wish to clarify that all other entities and businesses listed below[Read More…]
Tag: Retains Other Subsidiaries
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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…]