Workers of the Federal Inland Revenue Service on Tuesday faulted the decision of the immediate past Chairman of the FIRS, Mr Babatunde Fowler, to hand over to the Coordinating Director, Domestic Taxes Group, Abiodun Aina. […]
It is always curious that Nigerian leaders at all levels always pontificate anywhere on a well known fact that education is the bedrock of development but they don’t invest robustly in it for the common […]
Don’t be surprised that Kaduna State Government was recently declared as the most transparent in the country. The journey started way back in 2016. My witness account: Veteran media professional and well wisher of all […]
‘’A 510 billion dollar GDP as at 2013 when we celebrated being the biggest economy in Africa is of course too small for 200 million population’’ The above is a profound statement credited to Mr […]
The Central Bank of Nigeria injected about $25.68bn to stabilise the nation’s currency in the foreign exchange market between January and August this year. The $25.68bn was arrived at by our correspondent based on analysis […]
It should go without dispute that the rights to self determination for any country cannot be overemphasised, like it should be for individuals, it is one of such values of democracy and freedom. As an […]
Culture also plays a role in financial development, which is germane to economic growth. Specifically, a strong correlation is found between uncertainty avoidance and the financial development of a country. That is, countries with high […]
Rice export from Thailand to countries that share borders with Nigeria has recorded a decline from 2018 levels. TheCable’s analysis of the data provided on the Thai Rice Exporters Association website shows that Cameroon is […]
Power distribution companies have till December 7 to submit their written responses providing reasons why their licences should not be cancelled, the Nigerian Electricity Regulatory Commission declared on Tuesday. In an updated document on the […]
The recent bust of a worldwide international paedophile ring using Bitcoin payments highlighted one of the key fears surrounding crypto-currencies — their use by criminals. Social networking giant Facebook is keen to get in on […]
After more than 1200 days after Britain voted to leave the European Union, the country still remains in the trading bloc, pondering exactly how to leave. Although the October 31 “do or die” Brexit deadline […]
For the first time after the death of my dear mother on September 14, 2019, I read and saw another reason to shed tears. NIGERIA!!!!!.. Someone suggested that it is time to cry and call […]
Since the controversial border closure by the Nigerian authorities began in 2016, its full wisdom failed to sink at both home front and outside. Its far-reaching implications revolving around domestic and multifaceted bi and multilateral […]
Heightened trade and geopolitical tensions have resulted in a broad-based global economic slowdown. Sub-Saharan Africa is also feeling the consequences of this more challenging global environment. While growth in the region is expected to continue […]
…stronger market/private sector response functions will render unnecessary much of the bolshiness from the current management of domestic monetary conditions. My first reaction to the fusillade of circulars last week, as the Central Bank of […]
Now aged 59 years, in a few months time, Nigeria will mark her diamond jubilee at 60 years. It is pertinent to examine our economic progress as a resource rich nation. In six decades it […]
The consumer price index, that measures the rate at which the prices of goods and services in increase, stood at 11.24% in September. This is a 0.22 percentage point increase from the 11.02% recorded in […]
Vice-President Yemi Osinbajo says the national economic council will have to send a request through the president to get a briefing from the newly appointed economic advisory council (EAC). Osinbajo made this statement on Thursday […]
On Thursday, September 12, 2019, news broke that the Federal Executive Council (FEC) had approved plans to increase Value Added Tax (VAT) from 5% to 7.5%; representing a 50% increase. It is worthy of note […]
The federal executive council (FEC) has approved an increase in value added tax (VAT) rate from 5 percent to 7.2% percent Zainab Ahmed, minister of finance, budget and national planning, disclosed this to state house […]
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