Economy

Nigeria’s foreign reserve declines by $24 million in first week of 2022

Nigeria’s external reserve dipped $24.3 million in the first week of 2022 to close at $40.49 billion as of 7th…

4 years ago

MDAs create 2m jobs through economic plan

Ministries, Departments and Agencies (MDAs) has created about 2.1 million jobs through the implementation of the Economic Sustainability Plan (ESP)…

4 years ago

Nigeria’s capital importation rises to $1.73bn in Q3 of 2021 -NBS

The National Bureau of Statistics, NBS says capital importation rose sharply, quarter-on-quarter (QoQ) by 97 per cent to $1.73b in…

4 years ago

Nigerian private sector kicks over new beverages tax

Nigerian organised private sector has frowned at the newly introduced excise duty of N10/litre on non-alcoholic, carbonated and sweetened beverages,…

4 years ago

Nigeria introduces 6% tax on international e-commerce

As part of efforts to address its revenue challenge, the Nigerian government has decided to charge a 6% tax on…

4 years ago

Nigerian govt vows to remove fuel subsidy

The Federal Government of Nigeria has said there is no going back on plans to remove subsidies from petrol this…

4 years ago

Nigeria projects N10.7trn revenue target for 2022

The Minister of Finance, Zainab Ahmed says the Federal Government has projected a revenue target of N10.7trillion for the 2022…

4 years ago

CBN, others to invest N1.54trn in FG’s National Development Plan

The Central Bank of Nigeria and others financial services regulators would invest N1.54 trillion over five years to increase liquidity…

4 years ago

Gov Diri signs N314.4bn appropriation bill into law

Bayelsa State Governor, Senator Douye Diri has signed into law the state’s 2022 Appropriation Bill of over N314.4 billion naira…

4 years ago

Ogun govt signs ₦350.7bn budget into law

Ogun State Governor, Prince Dapo Abiodun, has signed the state’s 2022 Appropriation Bill of ₦350.7 billion into law. Speaking after…

4 years ago

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