Government news across Africa: policy decisions, regulation, budgets and public-sector reforms that affect business.
Six Nigerian banks have paid a total of N751.796 billion in taxes to the Federal and State Governments for the 2024 financial year, which ended on December 31, 2024. This …
The Financial Reporting Council (FRC) has lifted the three-month suspension it placed on Mr. Abel Onyeke, a senior partner at Nexia Agbo Abel & Co, after concluding that the initial …
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has said that petrol can sell for as low as N350 per litre if the Federal Government supports local refineries and …
Nigerian shipowners are crying out over the high cost of dry-docking their vessels in neighbouring West African countries, while a N50 billion modular floating dock owned by NIMASA lies unused …
Nigeria spent a total of N13.12 trillion on servicing its debts in 2024, a big jump from the N7.8 trillion it paid in 2023. This is a 68 per cent …
Abuja – Nigeria’s total public debt has climbed to N144.67 trillion as of December 31, 2024, according to a fresh report released by the Debt Management Office (DMO). This figure …
The International Monetary Fund (IMF) has released $1.2 billion to Egypt as part of the country’s ongoing economic reform plan. This marks the fourth payment under the Extended Fund Facility …
The Minister of Works, Engr. David Umahi, has officially reopened the Independence Bridge in Lagos for public use after emergency repairs were carried out on a collapsed section. The reopening …
The Nigerian National Petroleum Company (NNPC) Limited has appointed Adesua Dozie and three others into top management positions, as part of an ongoing shake-up aimed at boosting efficiency and attracting …
LivingTrust Mortgage Bank Plc has secured an extension to file and publish its 2024 Audited Financial Statements. The bank received approval from the NGX Regulations Limited to submit and release …
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