FG: No Accounts, No Funds for MDAs in 2026
Federal Government warns ministries and agencies to submit financial statements by Dec 31, 2025, or face indefinite fund suspension and sanctions. Full compliance required for continued access to treasury.
Category : Search result: treasury
DMO Sells N1.6tn T-Bills, Bonds Demand Spikes in November
Nigeria's debt market surged in Nov 2025 with DMO selling N1.6tn in T-bills. FGN Bonds & OMO Bills saw massive oversubscription as the Naira appreciated. Full market analysis inside.
Fubara Confirms ₦600bn in Rivers State Treasury
Governor Siminalayi Fubara confirms Rivers State has ₦600bn in its coffers, pledges detailed public accounting of all funds and project spending. Read the full report.
National Debt Rises to N152.4 Trillion
Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.
Atiku and FIRS Clash Over New TSA Payment Provider
Former VP Atiku Abubakar demands suspension of Xpress Payment Solutions as TSA collecting agent, while FIRS defends multi-provider framework. Key political clash over revenue collection.
Atiku questions FG's Xpress Payments TSA appointment
Atiku Abubakar demands suspension of Xpress Payments as TSA agent, calling for transparency and a public inquiry into the controversial deal. Read more.
FIRS Dismisses Atiku's Xpress Payments Allegations
FIRS counters Atiku Abubakar's claims about Xpress Payments in TSA framework, calling them incorrect and misleading. Read the full details of this political dispute over revenue collection.
Banks Notify Customers on 10% Withholding Tax
Nigerian banks are informing customers about FIRS enforcing 10% withholding tax on fixed-income securities interest. Learn how this affects your investments and which instruments remain exempt.
FIRS Names Xpress Payment as Official TSA Agent
Federal Inland Revenue Service appoints Xpress Payment Solutions as TSA collecting agent. Taxpayers can now remit Company Income Tax, VAT via TaxPro Max platform. Read more.
FIRS Explains Tax on Investment Income, Not Savings
The FIRS clarifies that the withholding tax on investment income is not new. It targets earnings from bonds and Treasury bills, not personal savings. Get the facts on Nigeria's tax reform.
Nigeria Needs Supportive Regulators for Treasury Excellence
Financial experts reveal how supportive regulators could transform Nigeria's treasury management landscape, driving economic growth and attracting crucial investments.
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