March 21, 2017

Photo News: GMD, NNPC, Andrew Yakubu in Court, over Money Laundry Charges

Hamilton Nwosa

Writer

Details as Fitch Holds Steady on Nigeria’s ‘B’ Rating

By Abiola Olawale Fitch Ratings has reaffirmed Nigeria's Long-Term Foreign-Currency Issuer Default Rating at 'B' with a Stable Outlook. Fitch said the affirmation comes amid Nigeria's ongoing battle against high inflation. The country’s new economic status was reviewed in a report published on Friday. According to the report, “Nigeria’s ‘B’ rating is due to its…

October 11, 2025 • Headline

FG Refutes Report Claiming It Stopped FIRS, Customs from Deducting Cost of Collection

By Abiola Olawale The Federal Government has denied reports that the government has scrapped the long-standing cost of collection deductions for key revenue agencies. The clarification comes hot on the heels of the remarks made by Finance Minister Wale Edun, underscoring ongoing efforts to streamline Nigeria's revenue mobilization without disrupting operations. However, the Federal Ministry…

October 11, 2025 • News

Nigeria’s Public Debt Soars to Record N152.4trn Amid Mounting Fiscal Pressures

By Obinna Uballa Nigeria’s public debt burden has risen to an unprecedented N152.40 trillion as of June 30, 2025, marking a N3.01 trillion or 2.01% increase from N149.39 trillion recorded at the end of March, according to the latest figures from the Debt Management Office (DMO). In dollar terms, the debt profile climbed from $97.24…

October 11, 2025 • Headline

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