Category Business

IMF projects 3% growth for Nigeria in 2025

The International Monetary Fund (IMF) has projected three percent growth for Nigeria in 2025. Though this is lower than 3.1 percent growth projection for Nigeria in 2024, it is higher than growth estimates of most emerging markets (EMs), according to…

AfCFTA: Nigeria eyes $50bn benefit, begins trading

…Promises unwavering support for businesses The Federal Government has reaffirmed its dedication to ensuring that Nigerian businesses, both small and large, will benefit from the $50 billion African Continental Free Trade Area (AfCFTA). President Bola Tinubu made this announcement on…

VAT revenue increased by N65bn in June — FAAC

…As FG, States, LGCs share N1.3trn By Mathew Denis, Abuja Value Added Tax (VAT) for the month of June 2024 increased by N65.020 Billion according to a Communique issued by the Federation Account Allocation Committee (FAAC). According to the FAAC,…