FG Records $7 Billion of Taxes in First Half 2023
In a positive development for Africa's largest economy, Nigeria has achieved a record-breaking revenue collection in the first half of...
Dangote Cement Successfully Completes First Tranche of Share Buyback Program.
Dangote Cement, one of Nigeria's leading cement manufacturers, has successfully completed the first tranche of its share buyback program, as...
KPMG Advocates Alternatives to Money Supply in Response to Petrol Subsidy Removal.
Global audit, tax, and advisory services firm, KPMG, has called for the deployment of alternative measures to money supply in...
Federation Account Allocation Committee Shares N907.05bn among Tiers of Government for June 2023
The Federation Account Allocation Committee (FAAC) has announced the sharing of N907.05bn among the three government tiers forThursday's latest FAAC...
FG Records N13.33bn Revenue Shortfall from Gas Flaring Penalties
In the first two months of 2023, the Federal Government experienced a revenue shortfall of N13.33bn due to penalties issued...
IMF Approves $1 Billion Loan to Aid Kenya’s Economic Crisis and Climate Initiatives.
The International Monetary Fund (IMF) has stepped in to provide crucial financial assistance to Kenya, approving the disbursement of a...
LCCI Urges CBN to Remove Forex Restrictions on 43 Products.
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Central Bank of Nigeria (CBN) to eliminate foreign...
UK Inflation Eases Slightly in June 2023 Amid Falling Fuel Prices and Moderate Food Costs
The Consumer Prices Index including owner-occupiers' housing costs (CPIH) in the UK increased by 7.3% in the 12 months leading...
FG to Sanction Trade Associations for Anti-Competitive Practices and Food Price Hikes.
In a bid to address the issue of anti-competitive practices and the arbitrary increase in food prices, the Federal Government...
Goldman Sachs Cuts Probability of U.S. Recession, Flags Reaccelerating Inflation as Bigger Risk.
In a surprising move, Goldman Sachs has reduced the probability of a U.S. recession to just 20%. The renowned investment...
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