August 12, 2021/Proshare by FBNQuest Research Drawing upon data from the Federal Inland Revenue Service (FIRS), the NBS distributes a quarterly update on the collection of VAT. The most recent (for Q2 ’21) shows that the total collected  breached the NGN500bn threshold for the first time and increased by 3.2% […]

August 12, 2021/CSL Research Based on a recent report from SBM Intelligence, the three refineries at Kaduna, Warri, and Port Harcourt have incurred a combined loss of N473.3bn between 2015-2021. Interestingly, the three refineries have yet to refine any crude product since 2019 and have made c. N185.0bn in losses […]

CHART OF THE WEEK August 11, 2021/IMFBlog By Mariano Moszoro For countries on the path to recovery, reviving economic activity is a major priority. And what better way to support a come-back than by creating jobs. Our new IMF staff research shows that when governments spend on infrastructure, they create […]