All posts tagged "economic report"
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World Bank faults FG’s management of oil reserves
The World Bank has faulted the Federal Government’s management of oil revenues, and also warned that the country faces serious challenges in sustaining the momentum of its fiscal consolidation and reserves growth. The bank’s warning comes ahead...
- Posted July 16, 2013
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FG earns N179.5bn from non-oil sector
The Federal Government earned N179.5bn ($1.136bn) revenue from the non-oil sector in the first quarter of 2013, driven mainly by receipts from the industrial sector, the Central Bank of Nigeria has said. The bank revealed this in...
- Posted May 14, 2013
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Nigeria earns N599bn from crude, FG overspends by N178bn
Central Bank of Nigeria, CBN, yesterday, said the country earned N599 billion from crude oil in January, while Federal Government overspent its budget by N178 billion in the same month. The apex bank disclosed this in its...
- Posted April 16, 2013
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Fall in corporate tax brings down non-oil receipts by 30%
Non-oil receipts of N589.98 billion fell below the proportionate budget estimate by 22.8 percent in the fourth quarter of 2012 and the receipts in the preceding quarter by 30.3 percent, the Central Bank of Nigeria (CBN) has...
- Posted February 16, 2013