The increasing cost of servicing debt continues to weigh on the Federal Government’s revenue profile, a PwC report has said. This report was titled ‘Nigeria Economic...
Lagos State contributed N428.98 or 32.08 percent of the total N1.3 trillion Internally Generated Revenue (IGR) realised by the Federal Government in 2020, according to Sam...
As revenue from oil nosedives following incessant global price fluctuations, the Federal Government is now channeling efforts to the development of minerals in the mines and...
The Nigeria Sovereign Investment Authority (NSIA) generated revenue of N160.06 billion in 2020, according to the latest audited financial reports announced by the Managing Director of...
The Nigeria Customs Service (NCS) realised N466.1 billion in revenue in the first quarter (Q1) of 2021, according to the latest data from the Public Relations...
States Jerk up Deficit Spending by 90% to N800bn The 36 state governments are set to incur about N800 billion budget deficit in 2021, representing a...
Nigeria’s Foreign Reserves Rose by $1.6 Billion to $36.50 Billion in a Month Nigeria’s foreign reserves grew by $1.6 billion from $34.90 billion recorded on December...
Federal Government Records N1.3 Trillion Fiscal Deficit in the Third Quarter of 2020 The Federal Government posted N1.29 trillion fiscal deficit in the third quarter of...
The Federal Government realised N416.01 billion from Company Income Tax (CIT) in the third quarter of the year, according to the latest report from the National...
Despite the negative impact of COVID-19, the Federal Government, States and Local Government Areas shared a total sum of N2.054 trillion in the third quarter of...