Why Plateau is Nigeria’s second least corrupt state – Lalong
Gov. Simon Lalong of Plateau, on Tuesday, expressed delight at the Second Corruption Survey Report released by the National Bureau of Statistics (NBS) which placed the state as the second least corrupt state in Nigeria.
N275bn generated from VAT in third quarter of 2019 – NBS
The National Bureau of Statistics (NBS) said the sum of N275.12 billion was generated as Value Added Tax (VAT) in the third quarter of 2019.
Lagos State emerges Nigeria's top investment destination
Nigeria's National Bureau of Statistics (NBS) on Monday said Lagos was the country's top investment destination for the third quarter of 2019. "By Destination of Investment, Lagos state emerged as the top destination of capital investment in Nigeria in Q3 2019 with $4,976.40 billion," NBS said in its Q3 capital importation report. The $4,976.40 billion,…
Economy’s GDP positive, but still weak, say experts
The nation’s economy in the third quarter (Q3) of 2019, recorded 2.28 per cent in Gross Domestic Product (GDP), an improvement from two per cent in Q2, but experts have also described it as weak.
Expert attributes inflation rise to border closure, election
Economic expert has attributed the rise in headline inflation in the month of October, to Nigeria’s recent border closure and post-election fall-outs
Marketers raise concern about rising price of cooking gas
With the yuletide gradually approaching marketers of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, have raised concerns about the hike in the price of the commodity, due to the alleged scarcity of the product.
Border closure and lessons from World Bank
It is common knowledge that the Federal Government on August 20th, 2019, ordered the closure of Nigeria’s border with the Benin Republic, citing massive smuggling activities taking place on that corridor as the reason(s).
'Increase in VAT, minimum wage to spike inflation by Q1 2020'
Following the implementation of the N30,000 new minimum wage and the planned increase on Nigeria's Value Added Tax (VAT), a research analyst has said the moves are capable of heightening inflationary pressure by the first quarter (Q1) of 2020.
Combating extreme poverty in the land
It is curious that President Muhammadu Buhari the other day decried reported concentration of the wealth of the country in the hands of a few people in five states and the Federal Capital Territory without details and context.