FIRS Remits Over N309bn Education Tax To TETFund
The Federal Inland Revenue Service (FIRS) has remitted over N309 billion from education taxation to the Tertiary Education Trust Fund (TETFund). The revenue generated by FIRS from across tertiary education institutions in...
NSMP Phase 2: Towards Sugar Self-sufficiency, by Abdullahi W. Yunusa
Nigeria was once on the enviable list of leading sugar producing nation's within the continent. It is safe to say that the 60s and 70s was Nigeria's golden era as...
Rambling On Redesigning The Naira, by Nasir Aminu
Redesigning currencies is an activity for sovereign nations. It allows the currency-issuing country to improve the currency’s security to deter counterfeiting. The new notes come with cleaner materials to avoid contamination and...
Nigeria’s External Reserves Plunged Despite Intensified Intervention
The Central Bank of Nigeria (CBN) increased intervention in the foreign exchange market not withstanding, Nigeria’s external reserves depreciated by $866.2 million or 2.26 per cent in October 2022 to $37.39 billion from...
In One Month, Pension Assets Drop By N2bn
The total assets under the contributory pension scheme lost nearly N2bn in one month.
This was contained in the National Pension Commission’s latest report titled, ‘Unaudited report on pension funds industry portfolio for...
Naira Now Among Worst Performing Currencies Globally, Report Reveals
While officially, Nigeria’s naira can be said to be doing well this year, down just 4 per cent against a strong US dollar, ahead of the Canadian dollar and the Swiss...