The Economic and Financial Crimes Commission (EFCC) has issued a strong warning to foreign missions operating in Nigeria, prohibiting them from conducting transactions in foreign currencies and requiring them to use the Naira for their financial activities. Furthermore, the EFCC has instructed Nigerian foreign missions located abroad to accept the[Read More…]
Tag: Why Foreign Missions in Nigeria Must Conduct Transactions in Naira – EFCC
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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…]