The CBN Governor, Godwin Emefiele, made the prediction while fielding questions from journalists after the Monetary Policy meeting in Abuja on Thursday.
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The Federal Inland Revenue Service says it is working towards blocking about $10 billion tax leakages by multinational corporations operating in the country who engaged in illicit profit shifting.
The National Orientation Agency says the craze for foreign goods by Nigerians has led to closure of local industries, high unemployment rate, low Gross Domestic Product and capital flight.
The National Bureau of Statistics said the nation’s Gross Domestic Product grew by 1.81 per cent (year-on-year) in real terms in the third quarter of 2018.
Heritage Bank Plc affirmed that it will continue to partner River State Government in an effort to make art and culture a unifying factor and major earner to the contribution of Gross Domestic Product of the country.
The Lagos State Governor, Akinwunmi Ambode, on Friday evening commended judicial officers in the State for their integrity and dedication to duty, saying it was gratifying to note that the reforms carried out in the judicial sector were already improving on the Gross Domestic Product of the State.
A Medical Laboratory Scientist, Basiru Akintunde, stated this while fielding questions from journalists in Abuja on issues bordering on health matters
The minister said this on Thursday in Abuja at the presentation of the approved 2018 Budget of Consolidation.
Okpoku, lawmaker representing Udege/Loko Constituency in the Assembly, made the call while speaking with newsmen in Nasarawa, Nasarawa Local Government Area of the state, on Thursday.
MAN President, Dr Frank Jacobs, said in a statement in Lagos, that the savings could be channeled into sectors with multiplying revenue generation capacity like agriculture, production and manufacturing.
According to the NBS, the nation’s GDP grew by 1.95 per cent year-on-year- in real terms in the first quarter of 2018.
Ambode spoke at the first biannual lecture of the Lagos State Judiciary held at City Hall in Lagos Island.
Boss gave the commendation on Friday in Abuja in a statement by Lawrence Ojabo, Director of Press, Office of the Secretary to the Government of the Federation.
The report said: “This signifies that between 2015 and 2016, there was 300 per cent margin, while in 2017, it went up from N2.1 billion to more than N3.5 billion.
The Minister of Finance, Kemi Adeosun, said in an interview with the News Agency of Nigeria in New York that Nigeria was among the lowest tax-paying countries in the world
Osinbajo said this at the commissioning of the second phase expansion project and laying of foundation stone for the third phase expansion project of Beloxxi Industries Ltd., in Lagos.
The 14 banks in this report, controlling over 90 per cent of the Nigerian financial market, recorded N368.3 billion impairment losses for the Q3’17, representing an increase of 8.0 per cent from N341.1 billion in corresponding third quarter,Q3’16
Speaking at 10th Business Luncheon of the association in Ota, Ogun State, Adegbite said by providing long-term loans, the banks would have contributed their quota to Nigeria’s GDP.
Adesina said the aviation sector was very important to the continent but that it could not operate in the dark.
The Senior Special Assistant to the President on Media and Publicity in the Office of the Vice-President, Laolu Akande, stated this in a statement issued in Abuja.