Fed Govt Generates N1.09trn From Indirect Taxes   The Federal Government received N1.09tn from indirect taxes in the first two quarters of 2022, according to data from the National Bureau of Statistics. This represents a 10.29 per cent increase from N984.33bn obtained in the first two quarters...

Amid Crisis, Aviation Sector’s GDP Declines By 61%   The foreign exchange and fuel crises that have plagued the aviation sector seem to have led to a decline in the sector’s contribution to the Gross Domestic Product by 61.47 per cent. The nominal GDP output of the...

Oil Sector Contribution to GDP Will Decline by 5% in 2025 - Minister  The Federal Government has made projected that the oil sector’s contribution to Nigeria’s Gross Domestic Product (GDP) will decline to 5% between 2023 and 2025. The expected GDP figure is a drop when...

Nigerian Insurance Sector Records 15.68% Growth In Q1, 2022     The Nigerian insurance sector grew by 15.68 per cent in the first quarter of the 2022 financial period, according to figures obtained from the National Bureau of Statistics (NBS) on the country’s Gross Domestic Product. The statement...

Investors Target $14.16bn Investments From FAAN’s Aviation Conference   As the Federal Government works toward increasing the aviation sector’s contribution to the Gross Domestic Product (GDP) from $1.7bn annually to $14.16bn in the next 20 years, stakeholders in the sector, industry experts and investors around the...

Nigeria Stock Market Begins Week On Negative Note, Despite GDP Growth The Nigerian Exchange Limited (NGX) trading activities on the stock market as at Monday opened trading for the week on a bearish note with N37 billion decline amid positive increase in Nigeria’s Gross Domestic...