By CSL Stockbrokers The National Bureau of Statistics (NBS) published data on the revenue generated from Value Added Tax (VAT) collections in Q2 2022. The total...
The National Bureau of Statistics (NBS) has said the aggregate Value Added Tax (VAT) was reported at N600.15 billion for Q2 2022. This is according to...
In response to the alleged inflation of petrol imports and consumption in Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has insisted that average petrol supply...
An additional 44,835,076 ordinary shares of 50 kobo each of UAC of Nigeria Plc have been listed on the daily official list of the Nigerian Exchange...
Despite starting the week on a negative note, Nigeria stock market index that tracks prices and aggregate valuation of the market eventually rose to beat 50,000...
The performances of some of leading economies and markets in the world were bearish last week following negative signals instigated by factors ranging from lingering coronavirus...
Nigeria’s foreign reserves sustained its ascent as it grew by $68.23 million week-on-week to settle at $39.02 billion. However, the rise in the reserves could not...
Positive movement in the shares of the First City Monument Bank (FCMB) contributed to a gain of N90 billion recorded by the Nigerian Stock market on...
As part of the country’s renewable energy production, the Federal Government on Wednesday announced that 10 states were to contribute 1,000 megawatts of off-grid electricity. It...
Lagos state remains most preferred destination of foreign investors as Nigeria attracted a sum of $1.54 billion as capital inflows in the second quarter of 2022,...
The Chief of Air Staff Isiaka Oladayo Amao, Air Marshal has raised the alarm over the high cost of JET A-1 (Aviation fuel) in the country,...
Kenya Airways has stated that three African countries are withholding $28 million of the airline’s revenue. The countries are Nigeria, Malawi, and Ethiopia, according to a...
There are strong indications that a Middle East carrier, Emirates Airlines, will resume flights in Nigeria within the shortest possible time. This followed the release of...
By Umar Suleiman Nigeria’s Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed on Monday said the federal government was proposing an aggregate expenditure of...
The Centre for the Promotion of Private Enterprises (CPPE) has argued that the Nigerian Bureau of Statistics (NBS) under-reported the contribution of Nigeria’s Maritime sector to...
The contribution of Information and Communication Technology to Gross Domestic Product (GDP) rose to 18.44% in the second quarter of 2022. The National Bureau of Statistics...
Growth was driven by 4.8% expansion in non-oil sector Inflation soared to a near 17-year high of 19.6% in July Nigeria’s gross domestic product (GDP) grew...
By FBNQuest We discuss some of the highlights of the Nigerian Economic Summit Group’s (NESG) pre-summit virtual event held yesterday, titled – Key Drivers for Economic...
Nigerian Equities Market maintains positive posture as key market indicator inched up further by 986.13 basis points to close above 49,000bps on Thursday. The Nigerian Exchange...
A civil society organisation, Vanguard for Transparency and Accountability, has commended the Lagos State Internal Revenue Service (LIRS) over its recently introduced Whistle-Blower Initiative. The body described...