The Federal Government has injected over N2.419tn into the economy out of the total of N6.06tn budgeted for 2016, according to its 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper. The figure covered recurrent and capital expenditures incurred as of the end of June...

The latest report released by the National Bureau of Statistics (NBS) revealed that the Consumer Price Index (CPI) which is basically seen as the inflation rate has yet again increased from the 17.1 percent recorded in July to 17.6 percent in August. This is...

The Federal Government is set to reduce the income tax rates payable by Small, Micro and Medium Enterprises (SMMEs) in the country to encourage more start-ups in Small, Micro and Medium Enterprises, boost the profitability of the existing ones, generate new jobs and make...

The Global Chief Economist, Renaissance Capital, Mr. Charles Robertson, says Nigeria is losing at least $8bn in tourism receipts. Robertson, who stated this in an emailed note, stressed the need for improvements in airport quality and visa policy. He said, “Why is Ghana 25 times more...

…As FG Projects better economic outlook for 2nd Half of 2016 Reports reaching Economic Confidential from the National Bureau of Statistics (NBS) indicates that Consumer Price Index (CPI) has risen to 17.1 per cent in July from 16.5 per cent in June. In the latest data...

The Federal Government has inaugurated a committee on the review an update of the national tax policy document as part of efforts to increase the non-oil revenue in the country. Speaking at the inauguration ceremony in Abuja, Minister of Finance, Kemi Adeosun said the review...