Economic Confidential

FG Expects N100bn Electricity Tariffs Collection

FG Expects N100bn Electricity Tariffs Collection The federal government said yesterday that with the renewed financial discipline within the nation’s power sector, following the recent intervention by the Central Bank of Nigeria (CBN), it expects collections of electricity tariffs to...

FG invests N15b in mineral exploration

FG invests N15b in mineral exploration The Federal Government has so far invested about N15 billion into the National Integrated Mineral Exploration Project (NIMEP) programme, Minister of Mines and Steel Development, Arc Olamilekan Adegbite, said yesterday. The minister said gold had...

External reserves dips by $52m in Two Weeks

External reserves dips by $52m in Two Weeks According to recent figures on the Central Bank of Nigeria’s (CBN) website, on March 1, 2021 the external reserve was $34,998,144,389 but by March 16, it had shrunk to $34,475,618,425. Since January 25,...

Don’t Subject Youself to Fraudsters for Revenue Allocation- RMAFC

Don't Subject Youself to Fraudsters for Revenue Allocation- RMAFC The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has called on the State Government and Local Government Councils in the country not to allow themselves to be deceived by individual or...

DryPort in Kaduna Ready for Operation

DryPort in Kaduna Ready for Operation.   Kaduna Inland Dry Port Limited (KIDPL) has the capacity to export goods to other ports in the country, its management have said. Its said it could keep goods at its mega warehouse, provide empty containers,...

FIRS Still in Charge of Stamp Duties Collection

FIRS Still in Charge of Stamp Duties Collection The Federal Inland Revenue Service (FIRS) has debunked news reports which claimed that the Finance Act 2020 has stripped it of Stamp Duty collection functions on behalf of the Federal Government. The FIRS...
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