Nigerian bank customers paid a total of N133.89 billion as electronic money transfer (EMTL) levy to the government between January and August this year.
The Nigerian Senate has approved the 2025–2027 Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF-FSP) submitted by the Federal Government, setting the tone for a N47.9 trillion budget proposal for 2025.
The cost of servicing Nigeria’s foreign debt has surged by 107.7% to reach N3.8 trillion, significantly exceeding the projections outlined in the 2024 budget between January and August.
The House of Representatives approved the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) on Tuesday, which includes a borrowing plan of N7.8 trillion for 2024.
The Federal Executive Council (FEC) has approved the 2022 – 2024 Medium Term Expenditure Framework and the Fiscal...
