The Federation Accounts Allocation Committee (FAAC) has disbursed the sum of N682.060 billion among the three tiers of government for the month of August 2020. The...
The Federal Inland Revenue Service (FIRS) recorded a significant increase in collectable tax revenue from the non-oil sector of the economy in July. This was revealed...
The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has reported to the Federal Executive Council (FEC) that the Nigeria’s Gross Domestic Product (GDP)...
The Federal Government has declared that the Nigerian economy will recover from the effect of the COVID-19 pandemic in the first quarter of 2021. This was...
President Muhammadu Buhari has justified his administration’s borrowing to finance infrastructure, saying that government took the loans in the interest of the country. The President made...
The naira continued its downward trend, as it exchanged for the dollars at N460 in the parallel market on Tuesday, despite the resumption of forex sales...
Nigeria’s inflation rate rose to 13.22% in August 2020 from 12.82% in the previous month, the National Bureau of Statistics said in a report published Tuesday....
The Independent Petroleum Marketers Association (IPMAN) has said that the collapse of Nigeria’s refineries can be traced to the birth of private tank farms in the...
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) not to sell Foreign Exchange (FOREX) to importers of food or fertilizers. The president spoke...
The National Bureau of Statistics (NBS) has revealed that the banking sector recorded a total volume of 2,160,436,659, amounting to N263.73 trillion electronic payment transactions in...