August 27, 2020/World Bank The World Bank Group today issued the following statement on the Doing Business Report: Over the 17 years of its existence, the Doing Business report has been a valued tool for countries seeking to measure costs of doing business. Doing Business indicators and methodology are designed with […]
Updates
Total Value of Capital Importation into Nigeria Down -78.60% to $1,294.94m in Q2 2020-NBS
August 28, 2020/NBS The total value of capital importation into Nigeria stood at $1,294.94m in the second quarter of 2020. This represents a decrease of -77.88% compared to Q1 2020 and -78.60% in Q2 2019. The largest amount of capital importation by type was received through Other investment, which accounted […]
FAAC Payout Well Short of States’ Needs
Culled—Proshare August 28, 2020 By FBNQuest Research The gross monthly payout by the Federation Account Allocation Committee (FAAC) to the three tiers of government and eligible agencies amounted to N676bn (US$1.75bn) in August (from July revenue). This was an increase of N25bn on the previous month. The communique issued at […]
