The World Bank has cleared 35 states in Nigeria for the US$1.5billion stimulus package to cushion the economic effects of the Covid-19 pandemic. The plan is...
Following media report that 97 per cent of revenue generated by the Nigerian government between January and May 2020 was spent on debt servicing, the youth...
The Federal Inland Revenue Service (FIRS) has decried a systemic abuse of the pioneer incentive scheme instituted by the Federal Government, which has led to tax...
The Federation Accounts Allocation Committee (FAAC) has shared a sum of N676.41bn for July 2020 Federation Account revenue to the federal, states and local government councils...
By UCHE CHRIS For some personal reasons, I had refrained from delving into Nigeria’s most economic headache – the value of the naira. As a financial...
Nigeria’s federal government used 97.5 percent of its January to May 2020 revenue to service debts, the budget call circular published by the Budget Office has...
Adebayo Obajemu Nigerian banks have started sending notices to customers about a lowering in the spending limits for their naira denominated debit cards used for paying for transactions abroad....
Adebayo Obajemu According to the Central Bank of Nigeria, the value of loans given to the private sector by Nigerian banks rose by N3.5 trillion –from...
Adebayo Obajemu Nigeria’s exchange rate on Tuesday, August 18, during intraday trading at the NAFEX window fell marginally only to close at N385.98 . In a...
