UNGA: Development partners explore financing options for Implementation of SDG in Nigeria
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
Firm organises global roundtable to facilitate SDGs in Africa
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
By Peter Egwuatu, Assistant Business Editor, Nkiru Nnorom, Tunde Oso & Nnamdi Ojiego
Following the financial crisis across the 36 states of the federation, economic experts have suggested measures to be taken for the sub-national governments to survive.
As of press time, many states of the federation appear cash-strapped following the fall in revenue accruable to the federation account.
This has resulted in the drop in the monthly allocation to states from the Federal Account Allocation Committee, FAAC.
According to the National Bureau of Statistics, NBS, the Internally Generated Revenue at state Level Q4 of 2020 including the Federal Capital Territory, FCT, decreased from N3.8 trillion in 2019 to N3.599 trillion in 2020.
Saving is an important way to enjoy financial security in life and its benefits cannot be overemphasized. For some people, saving comes naturally, while others require more motivation to save a fraction of their income.
According to data from the National Bureau of Statistics (NBS) 40% of the total population, or almost 83 million people, live below the country’s poverty line of N137,430 ($335.48) per year. This makes it difficult for many people to save as there isn’t enough to meet their needs in the first instance.
Top saving apps to watch out for…
Despite the challenges with putting money aside for the rainy day, saving improves your financial situation over time and makes it easier for you to accumulate wealth. In recent times, fintech startups in Nigeria have stepped in to make saving easier and more acceptable to Nigerians. This article will examine the top performers among them.