Subsidy, Debt Servicing May Push Deficit Above N7trn This Year
The possibility of the Federal Government resorting to further borrowings or ‘ways and means’ (government facility from the Central Bank of Nigeria) to cushion the effect of revenue shortfall is imminent due to the rising...
All Commodity Terms Of Trade Drops By 51% In 3 Months — NBS
The National Bureau of Statistics, NBS, said the All commodity Terms of Trade Index fell by 0.51 percent from January to March, 2021.
In its latest Commodity Price Indices and Terms of Trade,first...
FIRS Pushes Filing period For 2021 Income Tax Returns
The Federal Inland Revenue Service (FIRS) has granted a one-off one-month extension for the filing of Company Income Tax returns by taxpayers with December 31, 2020 accounting year-end whose statutory tax returns were due not later...
Unity Bank Earmarks Over N30m To Empower NYSC Members
Nigerian lender, Unity Bank Plc has committed over N30 million to empower National Youth Service Corps (NYSC) members through the Bank’s flagship Youth entrepreneurship development initiative known as Unity Bank Corpreneurship Challenge.
The sum includes N4 million...
NEITI Seeks Review Of Law To Tackle Illicit Financial Flows
The Nigeria Extractive Industries Transparency Initiative (NEITI) has begun consultations with the National Assembly to strengthen the law setting up the agency to tackle issues of actual ownership of assets in the oil and gas...
NCDMB, NEXIM Raise $40m Fund For Women In Oil Sector
Qualified women entrepreneurs in the Nigerian oil and gas industry can now benefit from the $40m Women in Oil and Gas Intervention Fund deployed by the Nigerian Content Development and Monitoring Board and Nigerian Export-Import...
