Chinese Loan Hits $4.73bn, Rises By $800m in One Year
Nigeria’s debt to China increased from $3.93bn as of June 30, 2022, to $4.73bn as of June 30, 2023, showing an increase of $800m in one year.
It is an increase...
Electoral Reforms Required to End Petitions Before Swearing in Elected Officers — Laolu Akande
Former presidential spokesperson, Laolu Akande, has called for thorough electoral reforms that will assert the independence of electoral umpires and ensure that court cases are finalised...
Tax Exemptions, Waivers to Cost FG N12.4trn in Four Years
A whopping N12.384 trillion will be forgone by the Federal Government as tax waivers, concessions and incentives in the four years (2023 – 2026).
Beneficiaries of these revenue losses include big...
We Recover N25.13bn Unremitted Pension Contributions - PenCom
The National Pension Commission (PenCom) has recovered N25.13 billion from defaulting employers. PenCom made this known in a report.
The sum, it said, comprised N12.80 billion principal contributions, and N12.33 billion penalties for...
'Nigeria’s Inflation Rate to Hit 30% by December 2023'
Stears, a leading economic analysis and data-driven insights provider, on Tuesday announced its market-leading Pan-African inflation forecasts, projecting Nigeria’s annual inflation rate to climb steadily until year-end, closing the year at...
Reps Summon Cardoso Over Reversal of Ban on Rice Importation, Others
House of Representatives has resolved to summon Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, over the lifting of ban on the importation of rice and 43 other items.
Cardoso...
