Nigeria Generated N424bn VAT In Q3, 2020 – NBS       The National Bureau of Statistics on Monday said N424.71bn was generated as VAT in the third quarter of the year. This was against N327.20bn generated in Q2 2020 and N275.12bn generated in Q3 2019. It said the third...

Why MDAs’ October Salary Is Delayed – Fed Govt       The Federal Government on Monday attributed the delay in the payment of salaries in some ministries, departments and agencies to the fact that the 2020 Budget was passed into law before the conclusion of negotiation on...

Fed Govt Recorded N409.39bn Fiscal Deficit In August – CBN       The Federal Government recorded a fiscal deficit of N409.39bn in August, even as its total federally collected revenue rose by 2.7 per cent to N767.55bn. The federally collected revenue generated in August was, however, below the...

FG Explains Modality For N75bn Youth Support Fund       Minister of Finance, Budget and National Planning, Hajia  has explained the modality for the disbursement of the Federal Government’s N75 billion Entrepreneurship Youth Support Fund. She spoke at the weekend in Kaduna at a meeting with 77 district...

Fed Govt To Spend N269.38bn On 6million Free Meters       The Federal Government is to spend between N269.38bn and N497.13bn on the provision of six million free meters to various unmetered power users across the country. Also, findings from separate quarterly reports of the Nigerian Electricity Regulatory...

Stock Market Ends October Positive       Transaction activities on the equity market closed the last week of October on the positive trajectory as the NSE All-Share Index and Market Capitalisation appreciated by 6.39 per cent to finish the week at 30,530.69 and N15.96tn, respectively. Similarly, all other...