Economic Report Headline News

Ogun State to Reconstruct Agbara Industrial Road

Ogun State Governor, Prince Dapo Abiodun, has indicated wiliness to partner with African Finance Corporation (AFC) towards reconstructing Atan-Lusada-Agbara Road. He made this disclosure while receiving a four-man delegation from the Corporation in Abeokuta yesterday, led by a Senior Director, Mr. Taiwo Adeniji. The road has been in highly deplorable condition for six years. it […]

Economic Report

Why IMF supports Nigeria’s land border closure

The Minister of Finance, Mrs. Zainab Ahmed, says the International Monetary Fund (IMF) “supports’’ Nigeria’s closure of its land borders because it understands the action is not punitive. Addressing newsmen in Washington on Sunday, Ahmed explained that the measure was intended to restore Nigeria’s relationship with its neighbours based on commitments made. She said that […]

Economic Report

South Africa Cabinet commends taxpayers

Cabinet had commended the millions of taxpayers who have already filed their tax returns, saying proper and efficient revenue collection ensures fiscal sovereignty. The South African Revenue Service (SARS) will be open on Saturdays from 08:00 until 13:00 for October 2019, to assist taxpayers to file personal income tax returns. Taxpayers are reminded to keep […]

Economic Report

Cabinet approves promulgation of SA’s energy plan

Cabinet has approved the promulgation of the Integrated Resource Plan (IRP2019) which provides a blueprint for South Africa’s envisaged energy mix. In a statement following its fortnightly meeting in Thursday, Cabinet said the IRP2019 proposes nine interventions that respond to the country’s energy needs for the next decade. In August 2018, Cabinet approved the release […]

Economic Report

NIPC collates $9.29bn investments in third quarter 2019

Nigerian Investment Promotion Commission (NIPC) has collated $9.29bn investments in third quarter 2019. Ms Yewande Sadiku, NIPC Executive Secretary made this known on Friday in Abuja at a news conference. Presenting the investment report, Sadiku said that a total of 13 projects across four states and offshore Nigeria were announced by investors from four countries. […]