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World Bank Outlines steps for Nigeria’s Economic Revovery

World Bank Outlines steps for Nigeria's Economic Revovery The World Bank has outlined faster steps for Nigeria's economic recovery apart from taking other measures to deepen ongoing reforms undertaken by the country. According to the Bank, the measures would assist avoid threats to the government’s macroeconomic...

Ogun State Govt Rakes In N40bn IGR In Q1, 2021

Ogun State Govt Rakes In N40bn IGR In Q1, 2021       The Ogun state government has generated N40 billion Internally Generated Revenue (IGR) in the first quarter of 2021. The government also plans to increase the yearly Gross Domestic Product (GDP) from the current single-digit to 25...

Oil Price: Experts Dismiss Gains As Subsidy Nears N200bn

Oil Price: Experts Dismiss Gains As Subsidy Nears N200bn       After the international crude oil benchmark, Brent advanced above $70 as the PUNCH reported earlier in the month, industry experts see meagre benefits as subsidy payments gulp revenues. The Federal Account Allocation Committee report for May, value...

Democracy Day: “I will Handover a Secured Nation after my Tenure”- Buhari

Democracy Day: "I will Handover a Secured Nation after my Tenure"- Buhari President Muhammadu Buhati has promised to handover a secured country after his tenure lapses. The President made the pledge in his democracy day broadcast to the nation on Saturday. He said his administration has made...

‘We are Exceeding Borrowing Threshold for 2021’-FG

‘We are Exceeding Borrowing Threshold for 2021’-FG Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, yesterday admitted that the federal government is exceeding its borrowing plan for 2021, blaming the development on the COVID-19 pandemic and the fall in oil prices. In an interview...

CITN Harps On Taxation As Policy Instrument For Economic Stability

CITN Harps On Taxation As Policy Instrument For Economic Stability       Notwithstanding recent efforts by the Federal Government to reposition taxation for revenue increase, the Chartered Institute of Taxation of Nigeria (CITN) has said that taxation remains one fiscal policy instrument needed for stability, especially in...