Fed Govt To Grant N5.5trn Tax Waivers In 2023   The Federal Government has budgeted N5.51tn for tax expenditures in 2023. This was according to the 2023 fiscal framework document obtained by our correspondent. According to Tax Foundation, tax expenditures are a departure...

$4.8bn Generated From Non-oil Export In 2022 – NEPC   The Nigerian Export Promotion Council (NEPC) has expressed its commitment to ensure that in 2023, Nigeria makes more than $4.82bn it generated from non-oil export business in 2022. Ekiti State Coordinator, NEPC,...

Stock Market Gains N62bn As Investors’ Sentiment Persist The Nigerian equities market ended last week positively, gaining N62 billion in market capitalisation amid weak investors sentiment trading in some highly capitalised stocks. The likes of MTN Nigeria Communication Plc rose by...

Mobile Banking Rises By 230% In January   Nigeria’s mobile banking usage surged by 230.72 per cent year-on-year in January 2023 according to data from Nigeria Interbank Settlement System, despite multiple reported failures. The leap in the use of banking apps and...

FG Projects 82% Of Revenue For Debt Servicing – IMF The International Monetary Fund (IMF) says the Federal Government has projected to spend 82 per cent of its revenue on interest payments in 2023. According to the IMF, external debt (including...

New Naira Notes: Listen to Voice of Reason - NGF Tackles Emefiele   The Nigeria Governors’ Forum (NGF) has called on the Central Bank of Nigeria to listen to the voice of reason and follow the rule of law in its...