Economy
News and analysis on the Nigerian economy
NASS directs Health Ministry to suspend disbursing N10bn on Covid-19 vaccine production
NASS has ordered the Ministry of Health to suspend expenditures regarding the N10 billion released for funding of Covid-19 vaccines.
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Benue State Governor, Ortom tests positive for COVID-19
Benue State Governor has commenced treatment after testing positive for COVID-19.
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Nigerian Governors who have tested positive for Coronavirus
Ten Nigerian governors have contracted the novel coronavirus, but some have recovered.
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Nigeria’s company income tax revenue drops to N1.41 trillion in 2020
Income tax revenue stood at N1.41 trillion in 2020, indicating a 13.35% decline.
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Nigeria generates N1.53 trillion VAT in 2020, grows by 29%
VAT revenue grew by 29.3% compared to N1.18 trillion recorded in 2019 as professional services sector tops with N162.3 billion...
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South African President appeals to wealthy countries not to hoard COVID-19 vaccines
South African President, Cyril Ramaphosa has called on the world's wealthiest countries to stop "hoarding" vaccines.
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IMF optimistic about global economy but warns new Covid variants could affect recovery
IMF is quite optimistic about the fortune of the global economy but expressed fear that the new Covid variant could...
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CBN retains MPR at 11.5%, holds other parameters constant
In its first MPC of 2021, CBN votes to MPR at 11.5% and other parameters constant.
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FG says N10 billion disbursed funds not only for Covid-19 vaccines
FG has clarified that the N10 billion it earlier disbursed was not only for the development of Covid-19 vaccines.
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Covid-19: U.S. donates field hospital worth $1.3m to Nigeria
The United States of America has donated a field hospital worth $1.3 million to Nigeria.
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