African Airlines’ Traffic Declined By 68% In February     African airlines’ traffic reduced by 68 per cent in February compared to the figure obtained in February 2019, the International Air Transport Association (IATA) has said. The development was a setback compared to a 66.1% decline recorded in...

Fed Govt Records 17.3% Shortfall In Companies’ Income Tax         Against the backdrop of pressures on the Federal Government’s finances and 2020 budget revenue estimates, an indication has emerged that the government may have already recorded a shortfall of 17.3 per cent in the Company Income...

We’ve Recovered Missing N5bn NHIS Funds – Sambo         The Executive Secretary, National Health Insurance Scheme, Prof. Nasir Sambo, has said the institution has recovered N5bn funds missing from the scheme. He also said the NHIS had capacity to recover more missing funds. Sambo said this while delivering...

Poultry Sector Gets Boost with N12.5bn CBN Largess The Central Bank of Nigeria (CBN) has released the sum of N12.552 billion to large, medium and small-scale poultry farmers in the country as part of its strategy to boost egg and meat production as well as...

Insecurity, Others Push Up Inflation To 14.9%         There are indications that the rising insecurity, border closure, increases in Value Added Tax (VAT), pump price of fuel, electricity tariffs and exchange rates have combined to further pressure headline inflation rate to 14.9 percent in November, 2020. This...

World Bank Approves $1.5bn for Nigeria to Reduce Poverty, COVID-19 Response The World Bank Group through its New Country Partnership Framework with Nigeria has approved $1.5 billion for social protection and strengthening state-level COVID-19 response Nigeria is at a critical position now with the sharp fall...