FG: 2019 Budget Performance Is 55%
The federal government has said its commitment to generate more revenue base informed the decision to implement new taxes to meet targeted revenue of 15 per cent to Gross Domestic…
Why we have to increase VAT -FG
By our correspondent The Minister of Finance, Budget and National Planning, has insisted that Value Added Tax (VAT) has to increase. so that the country will be able to reach…
Economic Expert Kicked Against Ban On Importation And Exportation Of Lands Border
By Lukman Amusa say it will increase inflation Rice farmers hail policy The Lagos, Abuja and Kaduna Chambers of Commerce as well as economic experts have kicked against the ban…
Fuel subsidy to consume N450bn in 2020 -Minister
By our correspondent The Minister for Finance, Budget and National Planning, Zainab Ahmed has disclosed that under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy, will gulp…
World Food Day: Nigerian Border Will Remain Closed-FG
By Agency report The Federal Government says it will not reverse closure of borders until neighbouring countries have shown enough commitment to check smuggling of banned commodities into Nigeria. The…
Just In: Niger Protests Border Closure, Bans Rice Export To Nigeria
By Isa Ibrahim Niger Republic has banned the exportation of rice to Nigeria following the closure of Nigeria’s borders. Since August 20, 2019, Nigeria has closed its borders in four…
Boarder Closure: CBN Governor Ureges Rice Millers, Others Not To Increase Price
By Olamilekan Alani The Central Bank of Nigeria (CBN), governor Mr Godwin Emefiele has advice members of Rice Millers Association of Nigeria (RIMAN) and other stakeholders in the rice value…
NNPC,NLNG sign 2.5bn dollar pre-payment agreement
By Bimbo Ogunnaike The Nigerian National Petroleum Corporation (NNPC) has signed 2.5 billion dollar pre-payment agreement with the Nigeria Liquefied Natural Gas (NLNG). The agreement was for Upstream gas development…
FG records $9.29bn investments in third quarter 2019
By our correspondent Nigerian Investment Promotion Commission(NIPC) has disclosed that it has collated at least $9.29bn investments in third quarter 2019 alone. Executive Secretary of NIPC,Ms Yewande Sadiku, made this…
Nigeria May Slip Into Stagflation – Rewane
Renowned economist and Chief Executive Officer of Financial Derivatives Company (FDC), Bismark Rewane, has warned that Nigeria has a 25 percent probability of slipping into stagflation. Rewane, who is also…
