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Business

IMF got it wrong on Nigeria’s economic projections for four years –DG Budget Office

The International Monetary Fund (IMF) has been accused of being wrong in its projections of the Nigerian economy in the last four years, the...

Business

FG to end budgetary allocations for professional bodies, councils in 2026

The new directive was disclosed in a letter addressed to the Registrar, Nigerian Council of Food Science and Technology, an agency under the Federal...

Business

FG To Stop Budgetary Allocation To Professional Bodies, Councils In December

The Federal Government has approved the discontinuation of budgetary allocations to professional bodies and councils effective December 31, 2023The new directive was disclosed in...

Business

Nigeria’s revenue too small to sustain size of debt, Akabueze warns

Akabueze who spoke on Wednesday during the induction of newly-elected lawmakers of the 10th national assembly in Abuja, said the ratio of the country’s...

Business

Over N3trn Lost To Non-Compliance With Value Added Tax Act–FG

The Director General Budget Office of the Federation, Ben Akabueze has revealed that in 2022, Nigeria lost over N3trn through the non-compliance with the...

Business

Buhari May Hand Over N77trn Debt To Incoming Administration On May 29

President Muhammadu Buhari may hand over a whopping debt burden of N77trn to the incoming administration when he leaves office on May 29, this...

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