Browsing: FG

FG revenues forecast to rise 22.9% on subsidy removal, market driven FX regime

Global Trinity Threats: PwC advises Nigeria’s government to take cover

“VAT payment on services by NRC may impact cost of doing business in Nigeria”

The African Development Bank’s innovative investment marketplace set up to accelerate investment into the continent, will convene for its second meeting from 11-13 November

In Nigeria, economic strategies are not alive but the need to give birth to some cannot be underestimated…

Depressing outlook as analysts cut economic estimates

Nigeria’s total debt stock rose to N24.9 trillion as at the end March 2019. This is revealed in the latest statistics released on Wednesday by the Debt Management Office (DMO).
According to the latest data released by DMO, Nigeria’s total debt portfolio increased by 2.3% to hit N24.9 trillion as of March 31, 2019, compared to N24.3 trillion in December 2018.
Meanwhile, the breakdown shows that total external debt is estimated at N7.8 trillion, constituting 31.5% of total debt, while the total domestic debt rose to N17 trillion or 68% of total debt stock within the quarter.

Detail analysis later.

AfCFTA implementation: UN’s Amina Mohammed pledges full support. United Nations Deputy Secretary-General, Amina J Mohammed, has pledged the UN’s full support to the African Union as nations begin to earnestly operationalise the landmark African Continental Free Trade Area (AfCFTA) that is expected t

Harnessing Islamic, Ethical Financing to Empower Nigeria’s Economy. There is need to balance views on Islamic finance in order to reap benefits associated with it. Rather than by principle, there is unhealthy competition between the two leading faiths around the world.

Nigerian Economy Risks Being stuck in Low Growth, High Unemployment. The numbers are weak, some analysts have said. The petrol-powered economy key performance indicators are resting at the hot zone in the macroeconomic space, from the nation’s high debt stock which currently closed at N24.39 trillio