December 4, 2020/Cordros Report Global economy Based on data released by the U.S. Labour Department, the number of people filing initial claims for jobless benefits fell for the first time in three weeks, although the numbers remained above pre-pandemic levels. Specifically, initial jobless claims fell to 712,000 in the week […]
Updates
Narrow Concentration of Corporation Tax Payers
December 4, 2020/Proshare by FBNQuest Research The NBS has again drawn data from a fellow government institution and repackaged it to enhance macro analysis, this time with the local collection of companies’ income tax (CIT) by sector of the economy. The breakdown does not cover foreign CIT payments or unidentified […]
FAAC Says N639.9 Billion Disbursed in October 2020-NBS
December 4, 2020/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N639.90bn to the three tiers of government in October 2020 from the revenue generated in September 2020. The amount disbursed comprised of N341.50bn from the Statutory Account, N72bn from Distribution of FGN Intervention Fund, Distribution of N45bn […]
