FG Bars MDAs From Awarding Contracts Without Budget Approval, Cash Backing
The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to stop awarding contracts or entering into financial ...
Tag: Public Finance
RevOP Rollout Sparks Confusion, Threatens Nigeria’s Revenue Drive
Nigeria’s push to maximise revenue collection is facing an unexpected hurdle as confusion trails the rollout of the Revenue Optimisation ...
Nigeria Customs Moves to Deploy AI Scanners at Seaports to Boost Revenue, Transparency
The Nigeria Customs Service (NCS) has unveiled plans to deploy Artificial Intelligence (AI)-powered scanners at container-clearing points across the country’s ...
FG to States, Councils: No FRC Certificate, No Loans — Borrowing for Recurrent Spending Illegal
The Federal Government has issued a stern warning to state and local governments against borrowing from financial institutions without ...
Presidency Spent ₦34.39bn on Forex for Foreign Trips in Two Years as Travel Costs Drop Sharply in 2025
The Presidency spent at least ₦34.39 billion on foreign exchange purchases for international travel and related obligations over a ...
From FIRS to NRS: How Nigeria’s New Revenue Service Is Redefining Tax Administration
The establishment of the Nigeria Revenue Service (NRS) marks a pivotal moment in the evolution of Nigeria’s tax administration, ...