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Nigeria’s tax to GDP ratio world’s lowest ,says IMF

NIGERIA’S tax to Gross Domestic Product (GDP) ratio is one of the lowest in the world, the International Monetary Fund (IMF) announced on Wednesday. IMF’s...

Nigeria realizes over #690billion in IGR between January and June, 2019 – National Bureau...

The latest Internally Generated Revenue (IGR) report released by the National Bureau of Statistics showed that all states in Nigeria generated the total sum...

Buhari : World bank ,IMF data on Nigeria Unreliable

Statistics and data being used by international finance institutions to assess the country’s economy are not dependable, President Muhammadu Buhari said on Wednesday.   He canvassed...

Crude drops to $60.8 as OPEC output sinks

Brent crude dropped again in price on Monday, shedding $1.09 to close at $60.82 per barrel.   Also, the oil output of the Organisation of Petroleum...

Nigeria earns N5.4tn from oil in 12 months

Within a one-year period covering August 2018 to July this year, the country earned a total of N5.37tn from oil, figures obtained from the...

Nigeria makes World Bank’s list for top-20 “improvers in doing business”

The World Bank Doing Business (DB) team has announced Nigeria as one of the top-20 improvers in doing business out of 190 countries. Dr Jumoke...

FG’s interventions in power sector now N1.5tn –Osinbajo

Despite the privatisation of Nigeria’s power sector, the Federal Government’s financial intervention in the industry has risen to N1.5tn, Vice-President Yemi Osinbajo has said. He...

NSE market capitalisation increases by N25bn

Trading closed positively on the Nigerian Stock Exchange on Friday with the market capitalisation improving by N25 billion.   The News Agency of Nigeria reports that...

Nigeria records N8.6tn merchandise trade in Q2 –NBS

Exports of various types of products dominated Nigeria’s trade structure as the country’s merchandise trade hits N8.6tn in the second quarter of this year,...

Nigeria ranks 146 on World Bank’s ease of doing business index

The Nigerian Investment Promotion Commission has said that Nigeria ranks 146 out of 190 countries on the Ease of Doing Business globally.   The Executive Secretary...
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