Ogunleye Oluwaduyilemi Oladayo | Economy
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In 9 months Nigeria generated N808bn from VAT – NBS

- From first to third quarters of 2018, the revenue generated from Value Added Tax (VAT) was N808 billion - The figure represents an increase of 2.54 per cent quarter-on-quarter, and 9.16 per cent increase year-on-year - According to the report, the manufacturing sector generated the highest...

Clouds gathering over global economy

What does 2019 have in store for the global economy? There are certainly clouds on the horizon, but 2018 as a whole was a reasonably strong year. Global growth will probably be about 3.7% when all the numbers are in, according to the International Monetary Fund. The world's...

The first economic data from December is in and it shows trouble

The first survey of December’s economic data came out on Wednesday with diminished results: United States manufacturer growth hit new lows on multiple fronts last month. Results from financial data firm IHS Markit showed the U.S. manufacturing PMI (Purchasing Managers Index) was 53.8 in December, falling...