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Economy
UNGA77: Buhari Woos Investors, Says Nigeria Requires N348tn
The President, Major General Muhammadu Buhari (retd.), on Thursday in New York, told foreign investors that Nigeria’s economy was ripe for increased investment....
Nigeria’s Debt To World Bank Rises by $660m
The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022, the Punch...
Nigeria Facing Existential Threat, World Bank Warns
In light of Nigeria’s dwindling revenue, the continued payment of trillions of naira on fuel subsidy by the government and the attendant economic...
Nigeria’s Budget Deficit Hits N30.58tn In Seven Years
Budget deficit has risen to at least N30.58tn in the last seven years. This is according to data from budget implementation reports for...
Revenue Falls By N1.89tn, Nigerians Face Tougher Times
Amid a projection by the Federal Government to spend a whopping sum of N6.7tn on fuel subsidy next year and a major shortfall...
Traders, Buyers Groan As Food Inflation Hits 20.60%
Traders and buyers in Lagos markets have expressed dismay over soaring prices of food items as Nigeria’s food inflation figures again recorded an...
FEC Approves N90.8b For Kashimbila-Takum-Chanchangi Road, Airport Equipment
The Federal Executive Council (FEC) has approved N90.8 billion for the rehabilitation of Kashimbila-Takum-Chanchangi road in Taraba and the procurement equipment for some...
FIRS Begins Nationwide Tax Compliance Campaign
The Federal Inland Revenue Service (FIRS) is to embark on a compliance exercise from July, 2022 on Value Added Tax (VAT) and Withholding...
