Archives for September 23, 2021
AMCON Takes Over Former Kwara State Governor’s Mansion Over ₦5Billion Debt
MD AMCON Following the order of Hon. Justice Liman of the Federal High Court, Lagos Division, the Asset Management Corporation of Nigeria (AMCON) on Wednesday September 22, 2021, in Ilorin,…
2022: Senate passes N13.98trn deficit Budget, retains revenue of N8.36 tri oil benchmark at $57 per barrel
Senate has passed the 2022-2024 Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP. with the approval of deficit Expenditure of trillion the Federal Government should…
Nigeria incurs N2.29 trillion fiscal deficit in Q1
By Ngozi Onyeakusi--- Nigeria in the first quarter of 2021 recorded a fiscal deficit of trillion or percent of the year’s quarterly GDP. According to the Budget Office…
20% Nigerians lose jobs to COVID-19– NBS
By Ngozi Onyeakusi--- The National Bureau of Statistics (NBS) has disclosed that about 20 per cent of workers in Nigeria lost their jobs as a result of COVID-19 pandemic.…
Import index rose by 1.07% in Q2 – NBS
The All- commodity group import index on average grew marginally by per cent, driven mainly by products of the chemical and allied industries, wood and articles of wood,…
Presidency orders use of technology to tax transactions
By Ngozi Onyeakusi---In a bid to improve government earnings, President Muhammadu Buhari has ordered the deployment of technology to tax all digital transactions carried out across the country. …