Politics
General news on the economy and politics.
Slower recovery in key markets will drag growth in Sub-Saharan Africa in 2021- United Capital report
Slower than required recovery in key markets, notably South Africa, Nigeria and Angola, may drag Sub-Saharan Africa (SSA) growth in...
Read moreDetails
FG to create “Special Instruments” as part of plans to formalize its borrowing from CBN
Minister of Finance revealed there are plans to convert loans from the CBN into tradeable securities.
Read moreDetails
Senate President says PIB will increase Nigeria’s oil revenue
Lawan has assured Nigerians that the Senate will prioritise the PIB when it resumes sitting later in the month.
Read moreDetails
FG posts 27% revenue shortfall in 2020 as budget deficit hit N6.1 trillion
The FG reported a revenue shortfall of 27% in 2020 increasing the amount of money borrowed by the government to...
Read moreDetails
FG borrows N2.8 trillion from CBN via Ways and Means
To fund the 2020 budget, FG borrowed N2.8 trillion from CBN
Read moreDetails
Global economy to grow to 5.2% in 2021 – Cordros Capital
Sub-Saharan Africa’s (SSA) economy is expected to achieve a year-on-year growth of 3.1% by the end of 2021, from -3.0%...
Read moreDetails
Output of Sub-Saharan Africa dipped by 3.7% in 2020 due to COVID-19 – World Bank
Sub-Saharan Africa’s economies dipped by 3.7% in 2020 as a result of the COVID-19 pandemic and lockdown measures.
Read moreDetails
Global Economy to grow by 4% in 2021 – World Bank
The World Bank report has stated that the global economy would expand by 4% in 2021.
Read moreDetails
Lagos State projects monthly IGR target of N60.31 billion for 2021 fiscal year
Lagos State has set a monthly IGR target of N60.31 billion to achieve optimal performance of the 2021 budget.
Read moreDetails
Nigeria’s economy to grow by 1.1% in 2021 – World Bank
The World Bank expects growth in Nigeria to resume at 1.1% in 2021 but fears the rebound could be affected...
Read moreDetails
