November 30, 2021/United Capital Report Recently, the Minister of Finance hinted at a subsidy removal in 2022, with the Minister hinting at replacing the program with a N5,000 cash handout for the poorest Nigerians. The move to continue to treat Petrol Motor Spirit (PMS) as a public (which should be […]
OPINION/EDITORIAL
The Omicron Variant and the Nigerian Economy
November 30, 2021/CSL Research According to reports, the province of Ontario, Canada has confirmed two cases of COVID-19 omicron variant from persons who had recently traveled from Nigeria. However, the federal government through the Nigeria Centre for Disease Control (NCDC) has said that the deadly omicron variant of the coronavirus […]
An Improved Revenue Outturn in July 2021
November 29, 2021/Proshare by FBNQuest Research The CBN’s latest monthly economic report for July ’21 shows that the federation’s gross revenue improved 36% y/y and 39% m/m to almost NGN1.1trn. The gross amount collected was also around 4% higher than the pro-rata monthly budget benchmark. After deductions, the total amount […]

