Rising Inflation Drives Consumption Expenditure To N57trn In H1, 2022   Rising inflation drove Nigerians’ consumption expenditure to N57.08trn in the first half of 2022. This is a 14.39 per cent increase from the N49.89tn that was spent in the corresponding period...

State Govts Lose N116bn Tax Revenue In Two Years   Knocks have trailed the loss of N116bn tax revenue by the state governments in Nigeria within a space of two years. According to the data from the Nigerian Bureau of Statistics, a...

NASS Queries NEITI On N960m Personnel Cost   The Senate Committee on Public Accounts has queried the Nigeria Extractive Industries Transparency Initiative over a N960m personnel cost in the 2022 budget allotted to 43 employees. While presenting the budget before the committee,...

Forex Inflows Hit 19-month Low   Foreign exchange inflows into the official forex market have dropped to their lowest level in the past 19 months as investors remain unimpressed by the efforts of the Central Bank of Nigeria (CBN). Foreign exchange (forex)...

CAC Wins NASME Award of Excellence, Poise To Promoting MSMEs     The Corporate Affairs Commission (CAC) has emerged as the winner of this year’s NASME Award for excellence in corporate governance and regulation. The CAC added another feather to its cap during...

Return Stolen Assets To Original Victims, Rafsanjani Tells Anti-corruption Agencies   The Executive Director of the Civil Society Legislative and Advocacy Centre, CISLAC, Comrade Auwal Musa Rafsanjani has charged governments, anti-graft and law enforcement agencies in the African continent to ensure...