Economy
It’s always about the economy, stupid…
Nigeria Generates N275 Billion From VAT In 3rd Quarter 2019 – NBS
The National Bureau of Statistics, NBS, said N275.12 billion was generated as Value Added Tax, VAT, in the third quarter of 2019.
The NBS made...
$60 Billion Cash Has Kept Naira Stable For 29 Months – CBN Boss Emefiele Says
The $60 billion inflows from the Investors’ and Exporters’ Foreign Exchange (I&E Forex) Window has contributed to the sustained stability of the naira against...
Nigeria’s National Debt Profile Rises To N25.7 Trillion
The Debt Management Office, DMO, says that Nigerian’s total debt profile is N25.7 trillion.
Patience Oniha, the director-general of the office, announced this while addressing...
13,423 Nigerian Students Contributed $514 Million To The US Economy In 2018
At least 13,423 Nigerians currently studying in the United States (U.S.) contributed $514 million to the U.S. economy in 2018, according to official data.
The...
BREAKING: Nigeria’s GDP Grows By 2.28% Due To Increased Crude Oil Production
Data made available by the National Bureau of Statistics, NBS, shows that the country’s gross domestic product (GDP) grew by 2.28% in the third...
Border Closure: ECOWAS Countries Begin To Reject Made-In-Nigeria Goods
Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses...
Why Did Tamil Nadu Oppose GST?
The day GST was implemented will always be a day to remember. It was the biggest reform in the laws of the country. It...
Lagos Secures $629 Million Investment For Lekki Deep Seaport Development
Babajide Sanwo-Olu, the governor of Lagos State on Sunday, November 10, 2019, disclosed that the state government has secured financial closure worth $629 million...
Border Closure: Traders Lament As Thieves Have Field Day On Goods Stuck In Benin Republic
A fresh twist to the impact of the border closure by the Federal Government emerged on Friday, November 1, 2019, as investigations revealed that...
Nigeria’s Foreign Reserves Drop To $40.5 Billion
A data from Central Bank of Nigeria has shown that Nigeria’s foreign reserves dropped from $41,765,381,999 to $40,500,856,853 between October 2, 2019, and October...
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Nigerian Customs Warns Of Fake ‘Successful Applicants List’ Online
Nigeria Customs Service, NCS, on Wednesday, December 4, 2019, dissociated itself from some lists of “successful applicants” for its recruitment. It described the release...
