Economists and fiscal experts have described the latest moves by the Federal Government to establish an Infrastructure support facility from the surpluses recorded in revenue collections following the unification of the foreign exchange (FX) rate as fiscally unreasonable. The Special Adviser to the President on Communications and Strategy, Mr. Dele Alake, had disclosed at the […]
The Chartered Institute of Stockbrokers (CIS) has outlined key areas for the President elect, Senator Bola Ahmed Tinubu, to focus on when he assumes office in order to strengthen the Nigerian capital market and accelerate the nation’s economic development. The President and Chairman of Council of the Institute, Mr. Oluwole Adeosun, said that the incoming […]
Worried about the nation’s surging debt stock and its negative implications for public finance efficiency, investment analysts at Proshare Limited have advised the federal and state governments to explore revenue-generation opportunities as a fiscal option to minimize the debt service burden on the country. The economic researchers at the firm, which is one of the […]
Proshare Limited, one of Nigeria’s leading investment consulting firms, has described the sustained investments by FCMB Group in renewable energy as vital to the current drive by the Federal Government to achieve net zero carbon emissions in the country by year 2060. In a Note issued on Monday, the firm’s analysts noted that the group […]