fiscal Archives - The Pacesetter Frontier Magazine

Finance: FG owes CBN N9.8tn debt

January 21, 2021 by Editor Leave a Comment

Part of the report read, “Sustained use of direct monetary financing could raise risks to macroeconomic stability – given the current weak institutional safeguards – but we expect the FGN to reduce its use of the facility in 2021. “The FGN directly borrowed 1.9 per cent of GDP from the CBN to fund its … [Read more…]

CAC generates N19bn for its 2020 fiscal year

January 12, 2021 by Editor Leave a Comment

The Corporate Affairs Commission on Monday announced a revenue generation of N19bn for its 2020 fiscal year. It also announced a total remittance of N2.7bn to the consolidated revenue account of the Federal Government. The Registrar-General, CAC, Garba Abubakar, told journalists in Abuja that the commission had also settled all its tax obligations, … [Read more…]