In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop up a total of N200.322 billion from the Nigerian banking…
Read More CBN moves against Inflation, mops up N200 billion in Special OMO
Category: Economy
Nigeria’s inflation rate drops again – NBS
Nigeria’s inflation dropped to 16.25 percent in May from 17.24 percent in April, according to the ”Consumer Price Index” for the month of May released by the National Burea of…
Read More Nigeria’s inflation rate drops again – NBS
Nigeria’s newest airline prepares for take off
Nigeria’s aviation industry has suffered a prolonged spell of violent turbulence. The nation’s leading carrier was recently taken over by the government to prevent it collapsing. A crumbling runway closed…
Read More Nigeria’s newest airline prepares for take offNigeria lost $1 trillion to tax evasion by multinationals in 2016 – Osinbajo
Nigeria lost about $1trillion last year to tax evasion and avoidance by multinationals, according to acting President Yemi Osinbajo. Prof. Osinbajo made the disclosure at the end of the Federal…
Read More Nigeria lost $1 trillion to tax evasion by multinationals in 2016 – Osinbajo
20 per cent of 2017 budget to be funded by recovered loot- Obla
The Senior Special Assistant to President Muhammadu Buhari on Prosecutions, Okoi Obono-Obla, said on Tuesday that part of the 2017 budget will be financed by recovered looted funds. Mr. Obono-Obla…
Read More 20 per cent of 2017 budget to be funded by recovered loot- Obla