Tuesday, February 11, 2020 Nigeria earned N1.17tn from VAT in 2019 – CBN Between January and December 2019, the Federal Government generated the sum of N1.17tn from Value Added Tax. When compared to the target of N1.7tn set by the Federal Government in the 2019 budget, the amount represents a shortfall of about…
DetailsHigh interest rates top business constraints, says CBN High interest rates, unfavourable economic climate and insufficient power supply have been identified as the major constraints to businesses in the country… read more Lagos provides N13bn pension bailout Lagos State Government says it approved N13bn pension bail in the 2020 budget, and released N1.92bn for the…
DetailsFG to issue N25b third green bond for renewable energy, others The Minister of Environment, Dr. Mohammad Mahmood Abubakar, has said Nigeria is set to access a third tranche of the green bond programme of up to N25 billion to fund environmental projects.… read more Market rebounds as financial stocks lift index by 0.17 per…
DetailsCBN targets $12 billion in export trade by 2024 The Central Bank of Nigeria (CBN) has disclosed plans to improve its agenda to diversify the nation’s economy from the oil sector to the non-oil sector, through the launch of a set of policies, noting that it targets to achieve $12 billion in export trade by…
Details
