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...

Telecoms Contribution To Nigeria’s GDP Doubled In Eight Years - NCC Data         The contribution of the telecommunications sector to Nigeria’s Gross Domestic Product (GDP) doubled in the last eight years, according to data obtained from the website of the Nigerian Communications Commission (NCC). According to the...

Airlines Seek Tax Waiver, Bailout, Others In New Recovery Plan         Worried by the challenges facing global air travel in the COVID-19 era, airlines have drawn up a market stimulation strategy for governments to adopt to enable the industry to recover. The airlines, under the aegis of...

Recession: Nigeria In Need Of Expansionary Economic Policy By Abdulhaleem Ishaq Ringim         Recession is a function of a country’s Gross Domestic Product(GDP); which is defined as the cumulative value of all finished goods produced and services rendered in a country within a year(although usually calculated quarterly). The...

Nigeria’s Q3 Oil Exports Rise By 56% To N2.42trn         Nigeria more than doubled its crude oil exports in the third quarter of this year to N2.42tn after months of struggling to find buyers amid the collapse in demand. Crude oil exports grew in value by 56...