The Central bank of Nigeria has approved dollar sales by Payment service banks(PSB), Nigerian three telecommunication giants MTN, Airtel Glo, have licences to operate PSB CBN’s decision to allow PSBs to sell dollars will go a long way in reducing the difficulties in getting dollars, especially for online transaction. CBN,[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…]