July 22, 2021/IMFBlog By Florence Jaumotte and Gregor Schwerhoff Climate action is gaining momentum. Since the 2015 Paris Agreement, countries have intensified climate action and many have committed to reach net zero emissions by 2050, meaning that any additional carbon emissions will be offset completely by carbon emissions withdrawn from […]
OPINION/EDITORIAL
A Surprising Rise in the FAAC Payout
July 22, 2021/Proshare by FBNQuest Research The gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to NGN733bn (USD1.78bn) in July (from June revenue). This was an increase of NGN127bn on the previous payout. From thin coverage in […]
NEPC to Inject N50Bn into Export Promotion
July 22, 2021/CSL Research Yesterday, news reports revealed that the Nigerian Exports Promotion Council (NEPC) is about to kickstart a N50bn Export Expansion Facility Program (EEFP), which is aimed at growing export earnings in the country. The fund as part of the Economic Sustainability Plan (ESP) would provide for financial […]

