Nigeria’s economy outlook not bleak – FG replies Atiku
The Federal Government says the pronouncement by former Vice President Atiku Abubakar that the future of the country’s economy is ‘bleak’ is sheer scaremongering.
FG berates Atiku Abubakar’s economic blueprint as poor photocopy
The Federal Government says, the economic blueprint recently unveiled by Alhaji Atiku Abubakar is a “crude attempt at copying all that the administration of President Muhammadu Buhari has done’’.
We’ll continue to provide efficient market to enhance securities lending – NGX
Nigerian Exchange Ltd. (NGX) says it will continue to collaborate with stakeholders to enhance securities lending transactions and provide an efficient and liquid market for investors.
36 states grow IGR by N360b in 2 years
The 36 states of the federation grew their combined Internally Generated Revenue (IGR) by N360 billion in two years.
Price of cooking gas increases by 101 per cent in one year — NBS
Average price of 5kg cooking gas increased from N4,397.68 in July to N4,456.56 in August.
The assertion was made by the National Bureau of Statistics (NBS), in its Cooking Gas Price Watch issued on Tuesday in Abuja.
21.44m electricity customers recorded in Q1-Q2 2022 — NBS
The National Bureau of Statistics (NBS), said the number of Electricity Distribution Companies (DisCos) customers in Nigeria in Q1 and Q2 of 2022 stood at 10.63 million and 10.81 million.
Nigeria’s public debt stock hits N42trn
The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion (100.07 billion dollars) in March rose to N42.84 trillion (103.31 billion dollars) by June.
I’ll overhaul security architecture to set new order for economy – Obi
Mr Peter Obi, the Labour Party (LP) presidential flagbearer, said if elected in 2023, his government would overhaul the country’s security architecture and revive trust between government and the people to set a new economic order.
Granting Tax Waivers Not FIRS Mandate – Nami
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has disclosed that the mandate of the Service is to collect taxes that are due to the federation and the Federal Government not to grant tax waivers to any taxpayer in the country.
Inflation: Analysts See 75bps Interest Rate Hike in Sept.
As Nigeria’s headline inflation rate continues to rise, analysts have indicated expectations that the monetary policy committee’s fast and furious hawkish mood will persist in September.
