FRC

FG Targets ₦2.5trn Independent Revenue In 2026 To Strengthen Public Finances

July 1 (THEWILL) — The Federal Government has set a target of generating ₦2.5 trillion in independent revenue in 2026 as part of efforts to improve fiscal discipline, curb revenue leakages and strengthen non-oil revenue generation. The Acting Executive Chairman...

Borrowing Without FRC Approval Illegal, FG Tells States, Local Governments, Threatens Sanctions

February 04, (THEWILL) — The Federal Government has issued a stern warning to state and local governments against securing loans from financial institutions without obtaining a Certificate of Proof of Compliance from the Fiscal Responsibility Commission (FRC), stating that...

FRC, ISSB, NGX RegCo to Launch IFRS 1, IFRS 2 on Monday

To provide full information, support investor decision-making and facilitate international comparability to attract capital, the Financial Reporting Council (FRC) of Nigeria and NGX Regulation Limited (NGX RegCo) is set to organize and host the launch of the first two...

FG Inaugurates Tech Committee On Public Sector Governance Code

February 10, (THEWILL) - The Federal Government has inaugurated a Technical Working Group (TWG) for the development of the Nigerian Public Sector Governance Code. Inaugurating the TWG at the Ministry’s Headquarters on Thursday, in Abuja, Minister of Industry, Trade and...
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Latest News

Tinubu Flags Off $3.5bn Bakassi Deep Seaport, Targets Lagos Port Congestion

The President, Bola Ahmed Tinubu has flagged off the construction of the $3.5 billion Bakassi Deep Seaport in Cross River State, describing the project as a strategic investment that will reduce pressure on Lagos ports and reposition Nigeria’s maritime industry.
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