DMO lists N250bn sovereign Sukuk on NGX, FMDQ
The Debt Management Office (DMO) has listed a 250 billion, 10-year, 13% Ijarah Sovereign Sukuk due 2031 on the Nigerian…
FG begins sugar tax implementation
The Federal Government has started the implementation of the N10 taxation per litre of Sugar-Sweetened Beverages (SSBs) to reduce the…
Regional Income Can Grow by 9% To $571bn Courtesy of AfCFTA
The African Continental Free Trade Area (AfCFTA) has the potential to bring significant economic and social gains to the region,…
State’s Finances May Worsen as FAAC Allocation Declines by 30%
Revenue allocation to federal, state and local governments has declined from a peak of N970.57bn in July 2021 to N680.783bn…
FG increases tax on cigarette, shisha to 30%
The Federal Government has increased the tax on tobacco products including shisha and cigarettes from 20 percent to 30 percent.…
FG pledges to strengthen SEC to reposition Nigeria’s capital market
The Federal Government says it will strengthen the Securities and Exchange Commission (SEC) to reposition Nigeria’s capital market. Zainab Ahmed,…
Duty Hike, Forex take Tokunbo Cars Out of Nigerians’ Reach
Since the introduction of Vehicles Identification Number system for the valuation of imported vehicles, the platform has been riddled with…
FG vows to boost trade agreements, enabling business environment
The Federal Government says it is determined to boost trade and create an enabling environment for businesses in Nigeria. The…
IMF Decries Nigeria’s Debt To GDP Ratio Of 76%, Says It’s Stifling Development
The International Monetary Fund (IMF) has decried the 76 per cent debt service to revenue ratio of Nigeria as at…
Nigeria’s economy grew by 3.11% in Q1 2022 –NBS
Nigeria’s gross domestic product (GDP) grew by 3.11 per cent in the first quarter of 2022. The figure shows the…