Economic Confidential

FG Generates N1.53trn Revenue From Debt Securities

FG Generates N1.53trn Revenue From Debt Securities The Federal Government has recorded a total of N1.53tn from debt securities issued so far in the year. These debt securities are Federal Government bonds, savings bonds, green bonds and treasury bills. Latest data obtained...

NESG Seeks Reduction In Taxes, Competitive Economy

NESG Seeks Reduction In Taxes, Competitive Economy The Nigerian Economic Summit Group has emphasised the need for the government to reduce the number of taxes levied on businesses in the country. The NESG said out of about 3,000 forms of taxes...

Sea Trade Increases By N260.6bn In 2019 Q2

Sea Trade Increases By N260.6bn In 2019 Q2 The total value of trade realised at the seaports in the second quarter of 2019 increased by N260.6bn over the value recorded in the first quarter, data from the National Bureau of...

Why Economic Advisory Council Must Collaborate With CBN

Why Economic Advisory Council Must Collaborate With CBN By Gbolahan Bidemi Various stakeholders from all works of life within the polity have commended President Muhammadu Buhari for constituting an economic advisory council to replace Economic Management Team chaired by the Vice...

CBN Okays AIP to 3 Payment Service Banks

CBN Okays AIP to 3 Payment Service Banks The Central Bank of Nigeria(CBN) has issued approvals-in-principle(AIP) to three(3) payments Service Banks(PSBs) in line with its objective of enhancing financial inclusion and the development of the payment system by increasing access...

FG Warns Producers, Marketers of Chemical weapons

FG Warns Producers, Marketers of Chemical weapons The Federal Government has cautioned producers and marketers of chemical weapons against allowing it into the hands of non-state actors. Mr Gabriel Aduda, the Permanent Secretary, Political and Economic Affairs in the Office of...
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