BUSINESS

Anchor Borrower’s: 150,000 Kebbi farmers, civil servants to benefit

Daily Dispatch January 31, 2021

No fewer than 150,000 farmers from across the 21 local governments in Kebbi State and civil servants are expected to benefit from the various Anchor Borrower’s Programme loans facilities for dry and wet seasons for all crops and other agricultural intervention programmes in animal husbandry

BUSINESS

VAT increases by N29.98bn in Q4 2020 — NBS

Daily Dispatch January 27, 2021

The National Bureau of Statistics (NBS) says Value Added Tax (VAT) increased by N29.98 billion from N424.71 billion generated in third quarter to N454.69 billion in fourth quarter, 2020 (Q4 2020).The NBS said this in its “Sectoral Distribution of Value Added Tax (Q4 2020)” obtained from its website on Wednesday in Abuja.The bureau said that […]

BUSINESS TOP STORIES

Why CBN is printing more money to finance economy -Emefiele

Daily Dispatch January 27, 2021

Nigeria central bank boss Godwin Emefiele has justified why the bank is printing more money to finance the federal government budget. “If government cannot finance all its obligations,” the central bank should offer support as a lender of last resort, Emefiele said in a press briefing on Tuesday. Emefiele is reacting to claims by a global […]

BUSINESS

CBN Disburses N1.8trn For Development Financing- Report

Daily Dispatch January 25, 2021

The Central Bank of Nigeria, CBN, said it has disbursed the sum of N1.79 trillion for financing development in nine schemes from January to September 2020. This is contained in the apex bank’s October 2020 Economic Report released last weekend. Analysis of the report shows that out of the amount disbursed, N1.19 billion was deployed […]

BUSINESS

Ogun economic blueprint will fast track development- Ogun Commissioner

Daily Dispatch January 24, 2021

The Commissioner for Finance and Chief Economic Adviser to the Governor, Mr. Dapo Okubadejo says the State’s Economic Development Blueprint will reposition every sector of the economy and address adverse economic effects of the COVID-19 pandemic. Okubadejo, who made this known during the 2021 Virtual Budget Highlight and Breakdown at the conference room, Ministry of […]

BUSINESS

Experts, Stakeholders Canvass Tax Automation At FIRS’ Dialogue

Daily Dispatch January 24, 2021

The Federal Government has been advised to explore data and intelligence in order to ease tax collection and improve its revenue base. Tax experts, speakers, panelists and government functionaries gave the advice at the recently held First Annual National Tax Dialogue,in Abuja, organized by the Federal Inland Revenue Service (FIRS), with the theme “Taxation in […]