The Federation Account Allocation Committee (FAAC) on Thursday disclosed that the three tiers of government shared a total of N693.529 billion for the month of September from the total revenue collections into the Federation Account in the month. The N693.529 billion comprised revenues from Gross Statutory Revenue, Value Added Tax(VAT), and Exchange Gain. This is even […]
The Central Bank of Nigeria (CBN) has predicted that credit to the corporate sector in the last quarter of this year would increase, despite the drop in Q3, 2019. This is even as it forecasts in its Credit Conditions Survey Report for Q3, 2019 that lending to households, which increased in the third quarter, would […]
The Minister of Finance, Budget and Planning, Mrs. Zainab Ahmed, on Monday hinted of fiscal plans by the Federal Government, in form of tax incentives that will enable Micro, Small and Medium Enterprises (MSMES) in the country to minimize operational costs, post more profits and by implication, be able to contribute to the nation’s revenue […]
