Economy
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Economy
NBS Says N424.71 Billion VAT Generated In Q3 2020
Sectoral distribution of Value Added Tax (VAT) data for Q3 2020 reflected that the sum of N424.71bn was generated as…
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Economy
FAAC Disbursed N682.0 Billion in September 2020-NBS
October 30, 2020/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N682.06bn to the three tiers of government…
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Economy
September Allocation: FG, States, LGs Share N639.9billion
BY OUR REPORTERS–The Federal Government, States and Local Government councils have shared N639.901 billion, or the month of September, 2020,…
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Economy
Ghana’s Economy: Real GDP Dipped 3.2% y/y In Q2-2020
Earlier in the week, Ghana Statistical Service published the country’s GDP report for Q2-2020. According to the report, the Ghanaian…
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Economy
NESG: CEOs Gives Reasons Why They Resigned From Board
Following the controversy surrendering the Nigerian Economic Summit Group (NESG), Managing Directors of three commercial banks who resigned has given…
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Economy
Sharp Decline in Portfolio Capital Imports
by FBNQuest Research The NBS recently released its latest report on Nigerian Capital Importation, which covers Q2 2020. The data…
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Economy
FAAC Disbursed N606.20 Billion in May 2020
August 29, 2020/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N606.20bn to the three tiers of government…
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Economy
Total Value of Capital Importation into Nigeria Down -78.60% to $1,294.94m in Q2 2020-NBS
August 28, 2020/NBS The total value of capital importation into Nigeria stood at $1,294.94m in the second quarter of 2020.…
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Economy
Nigeria’s real GDP tumbles 6.1% in Q2-2020
Earlier the National Bureau of Statistics (NBS) published the highly anticipated Q2-2020 GDP numbers. Unsurprisingly, economic activities contracted in Q2-2020.…
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Economy
Nigeria’s Inflation Rate Record Highest In 27 Months, As Inflation Rises To 12.82% In July
BY NKECHI NAECHE-ESEZOBOR-Nigeria’s inflation rate rose to 12.82% (year-on-year) in July, as against 12.56% recorded in June 2020. The National…
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