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STATE  2011 IGR(N’b) ABIA 11.76 ADAMAWA 4.18 AKWA IBOM 11.68 ANAMBRA 6.15 BAUCHI 4.46 BAYELSA 3.04 BENUE 11.13 BORNO 2.82 CROSS RIVER 9.16 DELTA 34.75 EBONYI 14.03 EDO 14.76 EKITI 2.49 ENUGU 7.29 GOMBE 3.15 IMO 5.79 JIGAWA 1.48 KADUNA 9.78  KANO 7.33 KASTINA 4.24 KEBBI 4.47 KOGI 2.85 KWARA 8.82 LAGOS 202.76 NASARAWA 4.13 […]Read More

STATE 2012 IGR(N’b) ABIA 16.75 ADAMAWA 4.62 AKWA IBOM 13.52 ANAMBRA 7.6 BAUCHI 4.06 BAYELSA 4.96 BENUE 8.44 BORNO 2.44 CROSS RIVER 12.73 DELTA 45.57 EBONYI 8.23 EDO 18.89 EKITI 3.78 ENUGU 12 GOMBE 3.72 IMO 6.81 JIGAWA 7.88 KADUNA 11.53  KANO 11.05 KASTINA 5.03 KEBBI 5.42 KOGI 3.19 KWARA 11.32 LAGOS 219.2 NASARAWA 4.13 […]Read More

Finance Minister, Kemi Adeosun, has said that the Federal Government is targeting 4.2 per cent GDP growth by 2017. Here are the key points from the minister’s speech to Chief Financial Officers (CFOs) at the KPMG’s 2016 CFOs forum. The 30% Capital expenditure budget in 2016 is to stimulate the economy. Government plans to reduce […]Read More

In pursuance of its long term focus on Public-Private Partnerships for the development of Independent Power Plants (IPPs) and provision of its associated services for such development to customers, Siemens has hosted its inaugural Forum for Power and Gas Customers in Nigeria. Siemens is one of the world’s largest producers of energy-efficient, resource-saving technologies. In […]

STATE  2013 IGR(N’b) ABIA 12.51 ADAMAWA 4.15 AKWA IBOM 15.39 ANAMBRA 8.73 BAUCHI 4.98 BAYELSA 10.5 BENUE 8.37 BORNO 2.13 CROSS RIVER 12 DELTA 50.21 EBONYI 10.43 EDO 18.89 EKITI 2.34 ENUGU 20.2 GOMBE 3.87 IMO 7.58 JIGAWA 9.76 KADUNA 10.93  KANO 17.14 KASTINA 6.85 KEBBI 3.73 KOGI 5.02 KWARA 13.84 LAGOS 384.26 NASARAWA 4.01 […]Read More

STATE  2014 IGR(N’b) ABIA 12.37 ADAMAWA 4.99 AKWA IBOM 15.68 ANAMBRA 10.45 BAUCHI 4.85 BAYELSA 10.96 BENUE 8.28 BORNO 2.76 CROSS RIVER 15.74 DELTA 42.81 EBONYI 11.03 EDO 17.02 EKITI 3.46 ENUGU 19.25 GOMBE 5.19 IMO 8.12 JIGAWA 6.27 KADUNA 12.78  KANO 13.66 KASTINA 6.22 KEBBI 3.83 KOGI 6.57 KWARA 12.46 LAGOS 276.16 NASARAWA 4.08 […]Read More

The exchange rate on the parallel market took its biggest hit today, after the Naira traded at an all time low of N321 against the dollar in some parts of Lagos. This is a sharp decline compared with the N313 it traded at yesterday. Operators explain that the reason for the drop is due to […]

Submitted by JC Collins via PhilosophyOfMetrics.com, For the first time in a long time I feel concerned and worried about the prospect of war.  The reaction of Saudi Arabia to the Russian intervention in Syria has always been the wild card in the shifting geopolitical power base in the Middle East.  Turkey and Israel, along […]

The canary in the coalmine of an increasingly desperate energy industry just croaked. With “unusual timing” and at “distressed prices,” Reuters reports that Phillips 66 – the major US refiner owned by Warren Buffett – dumped crude oil for immediate delivery into Cushing storage tonight. This sparked heavy selling of the front-month WTI contract (to […]

Dangote Cement Plc made two important announcements this week. First was the plans to expand its capacity to manufacture cement to about 38.25mmtpa from 29.25mmtpa. This got analysts licking their lips sending the share price up by about by about 9.7% by Monday. Later on Wednesday the company announced that it has scheduled a board […]

The Federal Government has a plan to create three million jobs by 2018 and Information Communications and Technology (ICT) is at the heart of this. Technology startups across the country are to enjoy tax holidays and special intervention funds from the federal government. Minister of Communications, Adebayo Shittu, and Afolabi Imoukhuede, Senior Special Adviser, SSA […]

As Nigeria grapples with currency controls and rising cost of dollars, the effects are now being felt on the prices of goods and services. According to a report from SBM Intelligence, a Lagos based Research Firm price increases where recorded in nearly every segment of house hold goods and consumables between July and December 2015, […]