FG Targets More Tax Revenue as Global Rates Rise   The Federal Government has said it will focus more on domestic resources mobilisation with a focus on a more efficient collection of taxes, fees and payments that are due to the government. The Minister of Finance and...

'Swap Africa Debt with climate change pains from USA, India, UK and China' A Senator from Nigeria, Jimoh Ibrahim at the Global Parliamentary forum of the World Bank/IMF has suggested to the World Bank that African debt, particularly Nigeria, be swapped for the pains of...

IMF Downgrades Nigeria’s Economic Growth Amid Weak Oil, Gas Production The International Monetary Fund has downgraded Nigeria’s economic growth by 0.3 percentage points to 2.9 per cent for 2023 following weaker oil and gas production. The IMF disclosed this in its new World Economic Outlook (for...

Dangote Sugar Refinery Leads Top Performers as Nigerian Stock Market Gains by 1.47% The NGX closed at 67,527.19 points on Monday, up by 1.47% from 66,548.99 points recorded on the previous day's business. This is the highest level of gains since June 13, 2023, when the...

Nigeria, beware of seller’s inflation By Tope Fasua Developing nations do themselves a huge disfavour and injustice by not expanding their analyses and actions with regard to tackling inflation. For some reasons, economic managers in many of such countries stick ardently to the manipulation of interest...

IMF's 3.2% Economic Growth Projection Not Enough For Nigeria - CBN   The Central Bank of Nigeria (CBN) has stated that the 3.2 per cent growth projection by the International Monetary Fund (IMF) is not enough considering the poverty rate which is currently standing at 31...