Fed Govt Plans More Borrowing From Domestic Sources       The Federal Executive Council at its meeting on Wednesday approved a new Medium-Term Debt Management Strategy for Nigeria, for the period of 2020 to 2023. The strategy allows the government to borrow more from domestic sources. The Debt Management...

How COVID-19, Taxes Stifled MSMEs In 2020         The year 2020 has got its ups and downs for many businesses in Nigeria especially as they felt the brunt of the COVID-19 pandemic and its attendant lockdown as well as multiple taxes from the various authorities of...

26 States Set For N878bn Deficit In 2021       Amidst a nationwide push against the recessionary economy, about 26 states of the nation are planning to spend about N878 billion in excess of what their revenue expectations can carry. This indicates that they also plan to...

IMF Rates Nigeria’s GDP As Best In Africa         Using the Gross Domestic Product (GDP) as yardstick, the International Monetary Fund (IMF) has rated Nigeria as the best economy in Africa. In its 2020 World Economic Outlook, the IMF also ranked Nigeria as one of the world’s...

Many Things Wrong With 2021 Budget - ACUF Boss         A development economist and Board Chairman of Amaka Chiwuike-Uba Foundation (ACUF), Dr. Chiwuike Uba, has picked holes in the 2021 budget, saying that the estimates and sectoral allocations do not align with the theme of the...

National Assembly Passes N13.58trn Budget For 2021         The National Assembly, Monday passed the 2021 Appropriation Bill to the tune of N13, 588, 027,886, 175 trillion as an aggregate expenditure. The approval was done during an emergency session convened for the purpose of passing the budget. The approved...