Geoff Iyatse

2 weeks ago | nigeriaworld.com | Geoff Iyatse |Kingsley Jeremiah

• Nigeria suffers N2.5tr unrealised oil revenue in Q1 • Turmoil places Nigeria $11 behind budget benchmark price • Experts warn of more borrowing, higher inflation • Four lead revenue agencies remit N31tr to FAAC in 12 months Nigeria risks slipping deeper into a fiscal crisis as a combination of challenges, including falling crude oil prices, tariff war, significant oil production losses, and stalled tax reforms, threaten the country’s promised improved earnings.

1 month ago | panafricanreview.com | Peter Kagwanja |Maureen Barasa |Geoff Iyatse

President Donald Trump’s seesawing tariff threats and retaliations from across the globe have jolted markets, raised fears of an economic slowdown and threatened to set off a series of price crises. For many, the damage could be broader. A protracted trade war could reinforce the unfair trading pattern that brought about the poverty of resource-rich regions and increased the prosperity of the global north.

Jan 8, 2025 | guardian.ng | Geoff Iyatse

• Naira to trade at N1,574/$• 2025 is pregnant with opportunities, FirstBank MD assures business owners Frontline economists, Dr Biodun Adedipe and Bismarck Rewane are bullish about the local economy, saying the converging supply and demand curves suggest less volatile economic rates (talking about inflation, interest and naira exchange value) as 2025 unfolds.

Jan 7, 2025 | guardian.ng | Geoff Iyatse

The Oxford English Dictionary (OED) has added a new set of Nigerian words to its diction, giving the global community an opportunity to learn about the country’s rich cultural heritage.  The new words reflect the everyday life of an average Nigerian and the exciting street mannerisms and Pidgin English, which are fast gaining acceptability across Africa and beyond. Reflecting ethnic nationalities as well as demographics, the new entries also highlight Nigeria’s cultural diversity.

Dec 8, 2024 | guardian.ng | Geoff Iyatse

• 2024’s collection grow by 96 per cent• The figure may cross N6.5 trillion this yearState governments may see their monthly proceeds from the value-added tax (VAT) pool balloon by a staggering 182 per cent to N650 billion if the controversial tax reform passes the critical legislative hurdles and secures the presidential assent law next year.