FG, States and LGAs Shared N574.668bn January 2022
CEM REPORT | The three tiers of government in Nigeria (Federal, States and Local Governments) received from the federation account the sum of N574.668bn in January 2022. This was contained…
CEM REPORT | The three tiers of government in Nigeria (Federal, States and Local Governments) received from the federation account the sum of N574.668bn in January 2022. This was contained…
CEM REPORT | Crude oil prices resumed the rally trend on Thursday morning as Russia engaged in a “special military operation” in Ukraine. The price of Brent crude oil soar…
CEM REPORT | Company Income Tax (CIT) accrued to Federal Government has declined by 26.39% in Q4 2021 to N347.81 billion from the N472.52 billion recorded in Q3 2021 According…
CEM REPORT | The Ministry of Communication and Digital Economy has disclosed that Nigeria recorded a yearly outflow of foreign exchange for the telecommunications sector amounting to about $2.16 billion.…
CEM REPORT | Analysts at Codros Securities has ascertained players in the market that the Central Bank of Nigeria (CBN) has enough foreign exchange (forex) to meet market demand. According…
CEM REPORT | The International Monetary Fund (IMF) has warned that the Nigerian government will likely depend on overdrafts from the Central Bank of Nigeria to fund its proposed N2.55…
CEM REPORT | The United Kingdom Minister for Africa, Latin America & Caribbean, Vicky Ford, will tour Nigeria this week in her first visit to the country. The British Deputy…
CEM REPORT | The Central Bank of Nigeria (CBN) has disclosed that the total Currency in Circulation (CIC) in the country in 2021 was ₦3.33 trillion. Reports show that the…
CEM REPORT | The Governor of the Central Bank of Nigeria, Godwin Emefiele, has shown resilience in tackling the economic issues facing Nigeria’s economy. Emefiele, represented by the Corporate Communications…
CEM REPORT | The average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) stood at N3657.57 in January 2022. This is an increase of 87.66 percent…