Tag: GDP
Telecom industry contributes N2.508trn to Nigeria’s GDP
The National Bureau of Statistics (NBS) has announced that the telecommunications and information services sector, in the first quarter 2023, delivered N2.508 trillion in terms of financial value contribution to...
Buhari extends VAIDS deadline to June 30
President Muhammadu Buhari has approved the extension of the Voluntary Assets and Income Declaration Scheme (VAIDS) to June 30.
The approval for the extension of...
FG to double tax to GDP ratio in 2yrs – Adeosun
The Federal Government is committed to doubling Nigeria’s tax to Gross Domestic Product (GDP) ratio from its current six percent to 12 percent by...
Nigeria floats US$3bn dual-tranche bond
The Federal Government on Monday announced that it has priced its offering of US$3 billion aggregate principal amount of dual series notes under its...
FDI: We’ve attracted more in 16 months than under Fashola –...
Lagos State Governor, Akinwunmi Ambode, on Thursday said the reforms initiated by his administration in critical sectors are already yielding positive results, adding that...
Economic recession: Resign now, PDP tells Buhari
The Peoples Democratic Party on Wednesday called on President Muhammadu Buhari to step down following official confirmation that Nigeria has slipped into economic recession.
Africa's...
Borrowed funds to be used for capital projects, says DMO boss
Director General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, has restated that the Federal Government is fully committed to ensuring that all...