Finance
Nigeria’s economy to grow 2.5% in 2022 – World Bank
Nigeria's economy has been projected to experience 2.5 per cent growth in 2022 by the World Bank. This shows a...
External reserve drops by $24.3m in one week
Nigeria’s external reserve has dropped $24.3 million in the first week of the year to close at $40.49 billion as...
Nigeria’s capital importation rose from $875.62m to $1.73bn in Q3 2021
Nigeria's capital importation rose to $1.73 billion in the third quarter of 2021, the National Bureau of Statistics (NBS) has...
‘Non-oil sources to fund 65% of 2022 budget’
Non-oil sources have been projected to account for 65 per cent of projected revenue to fund the 2022 budget. Minister...
Manufacturers kick against N10 tax on soft drinks
The Manufacturers Association of Nigeria (MAN) has protested the introduction of excise duty on all non-alcoholic, carbonated and sweetened beverages....
FIRS rakes N6.4trn from taxes in 2021 – Chairman
The Federal Inland Revenue Service (FIRS) has collected about N6.4 trillion as taxes in 2021. FIRS Executive Chairman, Muhammad Nami,...
FG borrows N13.6trn through bonds in 6 months – Report
The Federal Government’s bond offer and allotment rose by N1.99tn in the first six months of this year, a new...
Nigeria’s debt to hit N50trillion in 2023
Nigeria's debt - both domestic and external - will hit N50 trillion by 2023, according to the projections in the...
NNPC remits N10.54bn to FAAC in November
The Nigerian National Petroleum Corporation (NNPC) Limited has disclosed that it remitted a sum of N10.54 billion to the Federation...
FG generates N86bn from TSA in 10 months
Collections through the Treasury Single Account (TSA) by the federal government between January and October 2021 was N86 billion, the...