Capital Importation report from the National Bureau of Statistics (NBS) reveals that capital inflows into Nigeria declined by -52% quarter-on-quarter (QoQ) to approximately US$1.3bn in Q3 2024. However, on a…
Read More Nigeria’s Capital Inflows Drop by 52% QoQ to US$1.3bn in Q3 2024
The Lagos Chamber of Commerce and Industry on Thursday underscored the urgency of improving Nigeria’s tax-to-gross domestic product ratio to meet the ambitious N34.82 trillion revenue projection. The LCCI director-general,…
Read More Improved tax-to-GDP ratio needed to actualise budget ambitions – LCCI
The House of Representatives has recommended the delisting of the National Examinations Council, the University of Ibadan, and the Federal Ministry of Labour and Employment from the 2025 budget. Additionally,…
Read More Reps recommend delisting of NECO, UI, 21 MDAs from 2025 budget
Our reporter/ The Dangote Petroleum Refinery and Petrochemicals (DPRP) on Wednesday dismissed claims that the Nigerian National Petroleum Company Limited (NNPCL) used a $1 billion loan secured through a crude…
Read More Dangote refinery denies liquidity challenges, dismisses NNPCL’s $1bn loan claim
Our reporter/ The Peoples Democratic Party (PDP) on Wednesday faulted the 2025 budget proposal presented by President Bola Ahmed Tinubu, describing it as “unrealistic, opaque, and insincere.” PDP National Publicity…
Read More Unrealistic, anti-people, PDP, experts faults Tinubu’s 2025 Budget