Research and Analytics
Research and Analytics
As at Tuesday 12th November 2019 therefore, the Zimbawean Stock Exchange Industrial Index has returned more money for its investors than any other stock exchange in Africa as its Year to Date returns stands at 67% in local currency, 67% in Dollars and 74% in Euro.
In terms of mobile usage, the EFInA report of 2018 shows that 3.08 million (representing 3.1% of the adult population) have both mobile money and bank account while 0.3% adults have only mobile money account. Also, 82% of the adult population receive their income in cash while 10% receive their income into bank accounts or mobile money. This research aims to look into the financial inclusion statistics of Nigeria between 2008 and 2018 with much focus on 2018.
The Q3 financial statement of the five banks reveal they earned N1.52 trillion on charging interest in the first 9 months of 2019 and they made a Profit After Tax of N521.92bln in total. This research work therefore aims to further break down the financial performance of each of the five banks while also ranking them based on how they have performed from January 2, 2019 to September 30, 2019.
There have been different views on the activities of the 774 local government in Nigeria as the need to cut down expenditure arises while ensuring growth among all areas of the country. This article therefore seeks to provide empirical answers to the activities of local government in Nigeria based on their finances.
This article is inspired by the column which appeared on Punch Newspaper titled: “Vision 2020: Momento of a Failed Project”. It therefore aims to give a detailed report card of how Nigeria has performed under the three pillars while comparing the key data in 2009 with the ones in 2018 and 2019 as the need be.
In 2018, the International Monetary Fund (IMF) put the value of all goods and services produced in the world at $84.74 trillion with the United States as the largest economy in the world at $20.49 trillion which is about 51 times the size of Nigeria’s GDP (Africa’s largest economy).
This research therefore aims to give a break-down of the world economy in 2018 with specific focus on Lagos State, West Africa and Africa while giving insights into comparing different economies.
This research compares the debt figures with global thresholds as well as with the key debt management framework of the Debt Management Office so as to know the debt path of the country going forward.
The main objective of this study is to examine the effects of the various sources of public or external debt on economic growth in Nigeria and highlight the public debts which are more effective to boost economic growth.
In this article, we will be particularly concerned about the total value of Nigeria’s agricultural export from Q2 2017 to Q2 2019 (Since Nigeria emerged from the 2016 economic recession in Q2 2017), while also looking at the drivers of country’s total agricultural export and the contribution of crude oil to Nigeria’s total export.
Currently, section 8 of the VAT law requires a taxable person (an individual, body of individuals, companies, etc) to register for VAT with FIRS and charge VAT at 5% on the supply of their goods or services to customers. The VAT charged must be paid to FIRS together with a VAT form duly filled and submitted on a monthly basis. Failure to comply carries financial penalties.
