By InvestAdvocate Lagos (INVESTADVOCATE)-Gross federally-collected revenue in August 2012 was estimated at N1,021.10 billion, showing an increase of 26.4 and 3.6 per cent above the monthly budget estimate and the preceding month’s level, respectively. At N749.11 billion, gross oil receipts exceeded both the monthly budget estimate and the preceding month’s […]
Tag: Nigeria
Nigeria oil output down 20 pct-officials
Nigeria has lost at least a fifth of its oil output in recent weeks due to severe flooding and oil theft, government oil officials said on Wednesday, in comments that helped push oil prices higher. Nigeria’s oil is exported to the United States, Asia and Europe and the current disruptions […]
Nigeria, other African economies improving business regulation – W’Bank
A new report by the International Finance Corporation and the World Bank finds that of the 50 economies making the most improvement in business regulation for domestic firms since 2005, 17 are in Sub-Saharan Africa. This year’s report marks the 10th edition of the global Doing Business report series and […]

