Economy
News and analysis on the Nigerian economy
FG has paid back N7.3 trillion of ways and means outstanding so far — Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the federal government has settled...
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FG to establish 6 mineral centres across Nigeria to boost mining
The Federal Government has announced plans to establish six mineral centres in the six geo-political zones of the country to...
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FG yet to disburse N50,000 trade grant to over half a million applicants as May deadline lapses
The federal government through the federal ministry of industry, trade and investment is yet to disburse the N50,000 trade grant...
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Where are the billions? Analysing AfDB’s pledges to Nigeria over the past year
When it comes to Nigeria’s multilateral creditors, the African Development Bank (AfDB) stands out as one of the country's largest...
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FG writes World Bank to extend deadline for $376 million crisis recovery project for North-East Nigeria
The Federal Government of Nigeria has officially requested an extension from the World Bank for the Multi-Sectoral Crisis Recovery Project...
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Tax committee proposes reduction in personal income tax for Nigerians earning less than N2 million monthly
The Presidential Committee on fiscal policy and tax reforms chaired by Mr. Taiwo Oyedele has proposed reduction in the personal...
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FG secures World Bank’s $500 million loan for electricity sector
The federal government has secured a $500 million World Bank loan to enhance power distribution in the electricity sector, following...
Read moreDetailsPresidential tax committee proposes exemption of manufacturers and farmers from withholding tax
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has stated that the committee has...
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Five largest sectors in the Nigerian economy as of Q1 2024
The Nigerian Gross Domestic Product (GDP) grew by 2.98% year-on-year in the first quarter (Q1) of 2024.
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Wales Edun promises again: We expect $7 billion investment in oil and gas sector
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated that the oil and gas sector is...
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