Nigeria spent a total of N601.51 billion on the importation of motor vehicles in the first half of the year (H1, 2021), the latest data released...
The Court of Appeal in Abuja has stopped the collection of Value Added Tax, VAT by the Rivers State government until all legal disputes relating to...
The Ogun State Government says it is already on a steady path to economic recovery as against the backdrop of global economic recession occasioned by Covid-19,...
President Muhammadu Buhari has charged the new board of the Nigeria Sovereign Investment Authority (NSIA) to make more investments that support economic diversification, as global oil...
The average loan-to-deposit ratio of the Nigerian banking industry is still below the 65% regulatory benchmark set by the Central Bank of Nigeria (CBN). The data...
The Federal Government, 36 States, the Federal Capital Territory and 774 Local Government Areas shared N760.717 billion as of July subvention from the Federation Accounts Allocation...
The Minister of Finance, Mrs Zainab Ahmed, has disclosed the Federal Government of Nigeria raked as retained revenue which amounted to 67.3 per cent target, adding...
Nigeria’s inflation rate slowed down for the fourth consecutive month in July amid a decelerating increase in food prices, latest data from the National Bureau of...
The Nigerian House of Representatives has stressed the need for all government’s Ministries Departments and Agencies, MDAs, to provide details of their actual income and expenditure...
The Central Bank of Nigeria (CBN) has explained that COVID-19, shortage in foreign exchange supply and other factors were responsible for the sharp devaluation of the...