Economy

El-Rufai urges government to explore taxation for economic growth

Governor Nasir El-Rufai of Kaduna State has identified taxation as one of the ways to raise revenue to effectively run…

5 years ago

Africa infrastructure fund loans hit $1bn

The Emerging Africa Infrastructure Fund (EAIF) says it has issued loans up to $1 billion for infrastructure development. A statement…

5 years ago

Nigeria needs more family businesses to achieve economic growth- PwC

More long-lasting family businesses need to emerge in Nigeria in order for the country to realise its desired growth potentials…

5 years ago

Nigeria’s inflation rate drops for first time in 20 months

Nigeria’s headline inflation has dropped for the first time in 20 consecutive months, recording an 18.12 per cent decrease in…

5 years ago

Nigeria’s remittance inflows declined by 28% in 2020 – World Bank

The World Bank says remittance inflows to Nigeria declined by 28 per cent in 2020 because of the COVID-19 pandemic.…

5 years ago

Investment in Nigeria up By 75% in Q1 2021

The investments made in Nigeria increased by 75% to $8.41 billion in Q1 2021 from $4.81 billion in Q1 2020,…

5 years ago

Nigeria denies plans to cut salaries

Nigeria's Minister of Labour and Employment, Chris Ngige, has refuted the report that government wants to slash the salaries of…

5 years ago

AfDB encourages economic diversification for growth

Professor Oyelaran-Oyeyinka Oyebanji, Senior Special Adviser on Industrialisation at African Development Bank (AfDB) says diversification of Nigeria’s economy is the…

5 years ago

Senate says MDAs yet to remit over N3trn

Ministries, Departments and Agencies (MDAs)are yet to remit over N3 trillion to the Consolidated Revenue Fund (CRF) of the Federal…

5 years ago

Lagos places 4,000 unemployed graduates on N40,000 monthly salary

The Lagos State Government has revealed it has placed 4,000 unemployed graduates on N40,000 monthly salary for six months. The…

5 years ago

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