Politics
General news on the economy and politics.
IMF advises FG on how to raise more revenues to sustain fiscal position
The IMF has advised Nigeria on how it can raise more revenues to ensure a more sustainable fiscal position.
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Statistician-General of the Federation says Nigeria to rebase GDP in 2021
Nigeria is set to rebase its GDP in the later part of 2021, the Statistician-General of the Federation has revealed.
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FG launches SRGI 2.0, as it targets revenue to GDP of 15% by 2023
The Minister said that FG is working on the second phase of the SRGI as well as a targeted revenue...
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FG to convert N10 trillion “ways and means” loan into 30 year bond – DMO
The FG plans to convert N10 trillion Ways and Means loans owed to the CBN into a 30 year loan.
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Ekiti, Oyo, Borno, Delta, Kogi states, 21 others record no investment in 2020
26 states of the Nigerian federation failed to attract investments in the whole of 2020.
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73% of capital inflow was routed through foreign-owned banks in Nigeria in 2020 – NBS Report.
Standard Chartered Bank, Stanbic IBTC, Citibank and Rand Merchant Bank collectively received 73% of capital inflow in 2020.
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FAAC disburses N604 billion in November 2020 as allocation drops further
The sum of N604 billion was disbursed by the FAAC to the three tiers of government in November 2020.
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Rwandan economy falls into its first recession as a result of Covid-19 pandemic
The Rwandan economy is currently in its first recession as a result of the Covid-19 pandemic.
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President Buhari calls for comprehensive reform of AU
President Buhari called for a comprehensive reform of the structures and operations of the African Union.
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WTO: President Buhari reacts to US backing of Okonjo-Iweala as Director-General
President Buhari has reacted to the formal endorsement of Nigeria’s Okonjo-Iweala by the US for the position of the DG...
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