National Assembly extends lifespan of 2024 budget to June 30th 2025
The National Assembly has approved an extension of the 2024 Budget’s lifespan to June 2025, ensuring continuity in fiscal operations ...
Tag: 2024 budget
More loans, more pains and the season of discontent
I hear that the National Assembly has approved the external borrowing of $2.2 billion for the Tinubu administration to address ...
Nigeria raises $2.2 billion from latest Eurobond auction
Nigeria has raised $2.2 billion through its latest Eurobond auction, marking a pivotal moment in the country’s ongoing efforts to ...
FG to tax banks 50% of realised profits on FX gains in amended 2023 Finance Act
The federal government plans to tax bank 50% of profit realised from foreign exchange revaluation in 2023.
Presidency spends N16.06 billion to buy foreign currencies for international trips in one year
The Presidency through the State House has spent at least N16.06 billion to buy foreign currencies for international trips in ...
BudgIT uncovers N732 billion allocation for vague empowerment projects in 2024 budget
BudgIT said its open-source service delivery monitoring platform, Tracka, has discovered an allocation of N732.5 billion for empowerment projects in ...
FG’s target revenue projected to decline by N3.89 trillion due to low oil production
The federal government’s target revenue for 2024 is projected to decline by N3.89 trillion due to crude oil production not ...
FG raises N4.5 trillion out of N6 trillion domestic borrowing target in 2024 – DMO
The Director General of Debt Management Office, (DMO) Patience Oniha has stated that the federal government has raised N4.5 trillion ...
Fuel and electricity subsidy payment to increase Nigeria’s budget deficit in 2024 – IMF
The International Monetary Fund (IMF) has stated that Nigeria’s budget deficit would increase beyond the projected figure for 2024 due ...
2024 Budget: Nigerian court asked to block ‘lawmakers’ from diverting trillions of naira earmarked for constituency projects
The Federal High Court has been asked to restrain the diversion of budgetary allocation by lawmakers.
