Nigeria’s 7.2% growth rate fails to curb poverty -IMF
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- Category: Business and Economy
- Published on Tuesday, 21 May 2013 10:27
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Nigeria’s poverty rate should be falling faster given its economic growth this decade, a senior official of the International Monetary Fund (IMF) said yesterday.
JW_DISQUS_ADD_A_COMMENTRead more: Nigeria’s 7.2% growth rate fails to curb poverty -IMF
350,000 firms evade tax in Nigeria, says FG
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- Category: Business and Economy
- Published on Friday, 17 May 2013 07:30
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AN estimated 350,000 duly registered companies in Nigeria have failed to file their tax rendition to the Federal Inland Revenue Service ( FIRS), thus depriving the Federal Government of income from the tax stream of revenue.
JW_DISQUS_ADD_A_COMMENTFG Plans to increase foreign debt to pay local debt
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- Category: Business and Economy
- Published on Thursday, 16 May 2013 11:08
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Nigeria approved a debt-management plan that will allow it to reduce short-term domestic borrowing in favor of cheaper, longer-term foreign loans, Minister of State for Finance Yerima Ngama said.
JW_DISQUS_ADD_A_COMMENTRead more: FG Plans to increase foreign debt to pay local debt
Nigeria's Oil Sector At Crossroads -Revenue Watch Report
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- Category: Business and Economy
- Published on Thursday, 16 May 2013 11:51
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The Resources Governance Index of the Revenue Watch Institute (RWI) has ranked Nigeria weak in its oil revenue.
JW_DISQUS_ADD_A_COMMENTRead more: Nigeria's Oil Sector At Crossroads -Revenue Watch Report
Nigeria’s slow reforms hurt ratings prospects
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- Category: Business and Economy
- Published on Wednesday, 15 May 2013 14:29
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Nigeria’s slow implementation of structural economic reforms is limiting its chances of a credit-rating upgrade, Moody’s Investors Service said on Tuesday.
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