Extractive Industries Transparency Initiative

FG Rakes In N2.6trn Tax, Royalties From IOCs

September 13, (THEWILL) – The Federal Government has raked in N2.6 trillion from taxes and royalties paid by debtor international oil companies (IOCs) and other players in the extractive industry ecosystem since its membership of the Extractive Industries...
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CBN Puts Excess Cash, FX Demand Under Watch Ahead of Nigeria’s 2027 Polls

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso said the bank had developed different scenarios for managing the expected increase in money circulation during the election period and would base its response on economic data rather than assumptions.
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