Nse Anthony-Uko

96 Articles

FG pays $12bn, N2.3trn inherited debts, says to increase tax base not rates

The Nigerian government said it has settled no less than $12.2 billion and N2.3 trillion inherited debts and liabilities handed…

CBN reduces MTN’s repatriation remittances to $52.6m

MTN Nigeria is now to pay $52.6 million only for the illegal remittanceson preference shares issued in 2008, in settlement…

Nigeria shares N7.8trn in 11 months, fails to save for rainy day

The Nigerian government has missed another chance to build economic buffers with the current declining trend in crude oil prices,…

Nigeria loses out on $72.6bn cotton export market as growers seek investment in research

Cotton growers in Nigeria are losing out on the rising demand for the commodity in the global market as lack…

Nigeria reviews NEPZA’s mandate for industrial cities, parks regulation, targets $15bn FDIs

Nigeria has commenced the process to review the mandate of Nigeria Export Processing Zones Authority (NEPZA) to make it become…

Government revenues down by N32.5bn as national, sub-nationals share  N812.7bn in November

Nigeria recorded N32.533 billion shortfalls in gross statutory distributable revenues for the month of November 2018, the Federation Accounts Allocation…

2019 budget faces first hurdle as OPEC cuts Nigeria’s oil production  quota to 1.68mpd

The 2019 budget is facing its first hurdle even before it is debated and passed by the national assembly following a…

Government revenues drop by N32.5bn, as national, sub-nationals share N812.7bn for November

Nigeria recorded N32.533 billion shortfalls in gross statutory distributable revenues for the month of November 2018, the Federation Accounts Allocation…

Nigeria’s unemployed rises from 17.6m to 20.9m in 2017-NBS

Nigeria’s unemployment rate increased to 23.1 per cent in the third quarter of 2018 from 18.8 per cent recorded in…

State-owned enterprises fail to remit N2.74trn operating surpluses as Nigeria moves to avert revenue crisis

Government-owned enterprises (GOEs) have failed to remit no less than N2.74 trillion operating surpluses to government coffers as the federal…

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