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Economy

PPP: FG’s Special Concession Account rakes in N2.4bn so far- ICRC

February 5, 2021 2:30 pmFebruary 5, 20210 88

The Federal Government has declared that the Special Concession Account (SCA) for Public Private Partnerships has raked in the the …

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Economy

Errors in Finance Act 2020 will be corrected- FG

February 3, 2021 1:52 pmFebruary 3, 20210 114

The Fiscal Policy Reforms Committee has promised to correct errors that may erupt from the  implementation of the Finance Act …

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Economy

DMO announces subscription offers for FG’s bond

February 2, 2021 2:59 pmFebruary 2, 20210 97

The Federal Government through the Debt Management Office (DMO), has offered for Subscription the February 2021 Federal Government of Nigeria …

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Economy

Buhari aborts plan to privatize Commodity Exchange

January 29, 2021 12:39 pmJanuary 29, 20210 120

President Muhammadu Buhari has disclosed that the plan to sell or privatize the Nigeria Commodity Exchange (NCX) has been aborted …

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Economy

Nigeria’s foreign reserves increase from $34.94bn to $36.23bn- Emefiele

January 28, 2021 4:09 pmJanuary 28, 20210 131

Nigeria’s foreign exchange (forex) reserves has experienced increase from $34.94 billion  to $36.23 billion with two months. The intimation was …

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Economy

FIRS collected VAT worth N454.69bn in Q4 of 2020- NBS

January 27, 2021 6:23 pmJanuary 27, 20210 135

The National Bureau of Statistics (NBS) says that the Federal Inland Revenue Service (FIRS) collected Value Added Tax (VAT) worth …

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Economy

How three tiers of government shared N619.343bn in Dec 2020- FAAC

January 21, 2021 9:56 pmJanuary 21, 20210 182

The Federation Accounts Allocation Committee (FAAC) has announced that the three tiers of Government shared a total sum of N619.343 …

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Economy

FG, private companies raised N2.55trn from capital market in 2020

January 20, 2021 6:04 amJanuary 20, 20210 145

The Federal Government and private companies raised more than N2.55 trillion from the capital market in 2020 as government and …

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Economy

FIRS rakes in N4.9trn out of N5.076trn target set by FG

January 19, 2021 1:36 pmJanuary 19, 20210 141

The Federal Inland Revenue Service (FIRS) has raked in  N4,952,243,711,728.37 as total tax revenue in the year 2020 The tax …

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Economy

Socio-economic conditions may be worse as analysts predict higher inflation

January 19, 2021 11:56 amJanuary 19, 20210 99

Nigeria’s inflation climbed to its highest in 3 years, which is a cause for worry as analysts predicts higher inflationary …

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