Senate, Reps Pass Finance Bill     The Senate and House of Representatives have passed the Finance Bill 2021, transmitted to the National Assembly by President Muhammadu Buhari, on December 7, 2021. They passed the bill on Tuesday following the consideration of a...

Nigeria’s Commodity Terms Of Trade Declines As Exports Fall By 2.3%   Nigeria’s all commodity terms of trade (ToT) fell by 2.85 percent in the third quarter of 2021 (Q3’21) even as commodity exports declined by 2.3 percent during the period. This...

Use Veto Power To Pass Electoral Amendment Bill, CISLAC Urges NASS   The Civil Society Legislative Advocacy Center, CISLAC, and Transparency International, TI, has urged the National Assembly to use its veto power to pass the electoral act amendment bill into...

Nigeria Spends N1.5trn On Raw Materials Imports In Six Months   Nigeria imported raw materials worth N1.51 trillion in the first six months of 2021 (H1 2021). A breakdown in the Foreign Trade Statistics of the National Bureau of Statistics (NBS) revealed...

States Generate N751.17bn From Road Tax, Others In Three Years     The 36 states of the federation earned N751.17bn from road tax, direct assessment, and other taxes in three years, according to data collated from the National Bureau of Statistics. According to...

FG To Spend N250bn Sukuk On Abuja, Niger Delta Road Projects - DMO     The Debt Management Office says the proposed N250bn sukuk will be used to finance key economic road projects identified by the Federal Ministry of Works and Housing,...