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SEC Restates Commitment To Oando’s Forensic Audit

As the raging controversies over the planned forensic audit of Oando Plc by the Securities and Exchange Commission (SEC) remain unabated in the public domain, the Commission has restated its resolve to continue with the exercise despite misgivings about its desirability. The Commission’s management, in a tersely worded Press Release issued today, stated that a […]

Economy News Extra Latest News News Feature/Analysis Revenue

2018 Budget’s Revenue Target Is Feasible If…. – Prof. Somorin [EXECUTIVE INTERVIEW]

As the National Assembly lawmakers begin to deliberate on the 2018 Appropriation Bill, particularly its non-oil revenue projections to ensure better performance of yearly federal budgets, a leading Taxation professional,

Economy News Extra

LCCI Boss Harps On Agric Value Chains’ Role In Economy

The President of Lagos Chamber of Commerce and Industry, LCCI, Chief (Mrs.) Nike Akande, has charged stakeholders Read More in the West African agricultural sector, particularly the national authorities, to show more commitment to the organisation of the sector’s value chains in order to meet the sub-region’s much needed quality products, export opportunities and food […]

Economy News Extra

World Bank Tasks States on Fiscal Reforms

The World Bank has urged governments at the sub-national level in the country to adopt fiscal measures, including appropriate reform initiatives, as a strategic option of reducing their growing fiscal deficits and by implication, improve quality of life of the citizenry. The Breton Woods institution gave the advice in its just published Nigeria Bi-Annual Economic […]

Economy News Extra Foreign News Feature/Analysis

Portfolio investments, others boost capital inflows in Q3- NBS

  The National Bureau of Statistics (NBS) has reported a substantial increase in the nation’s capital importation in the third quarter of this year, peaking at $4.15 billion. Capital importation is classified into three main investment types namely, Foreign Direct Investment (FDI), Portfolio Investment and Other Investments, with each comprising various sub-categories. The value of […]