Finance
FIRS begins recovery of unremitted tax from states, LGs
The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and recovery of unremitted...
DMO canvasses investment in government securities
Federal government securities are risk free and good to invest in, the Debt Management Office (DMO) has said as it...
Customs signs concession agreement to generate $176bn in 20 years
The Nigeria Customs Service (NCS) has entered into an agreement with Africa Finance Corporation (AFC), and China’s Huawei Technologies Limited,...
Airfares rise by 52% as forex, JetA1 crisis persists
In a new report titled, “Transport Fare Watch (April 2022),” the National Bureau of Statistics (NBS) has disclosed that the...
Nigeria may spend N6trn on fuel subsidy in 2022 – IMF
The International Monetary Fund (IMF) has said that Nigeria's spending on fuel subsidy may hit N6 trillion by the end...
Anchor Borrowers Programme gulps N1.01trn in 6 years
The total money disbursed to farmers in the Anchor Borrowers Programme (ABP) since its initiation in 2015 is N1.01 trillion,...
Forex inflow declines by 37% in 30 days – CBN
The Central Bank of Nigeria has revealed that the foreign exchange inflows into the country fell by 36.7 percent in...
IMF warns Nigeria: Fix your weak labour market now
Nigeria and other emerging economies must immediately fix their weak labour markets and severe schooling disruptions to arrest plunging their...
Food prices to shore up diaspora remittances to Nigeria – World Bank
The World Bank has said that higher food prices and the continued adoption of official bank channels will see diaspora...
FIRS, the new Number One cash cow
There has been a silent change of baton at the cash inflow pipeline into the Federation Account, the proverbial national...