Income is the consumption and savings opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. However, for households and individuals, "income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings received… in a given period of time." In the field…
Souvenir A souvenir (from French, for a remembrance or memory), memento, keepsake, or token of remembrance is an object a person acquires for the memories the owner associates with it. A souvenir can be any object that can be collected or purchased and transported home by the traveler as a memento of a visit. While…
What is a Budget? A budget is a quantitative expression of a plan for a defined period of time. It may include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows. It expresses strategic plans of business units, organizations, activities or events in measurable terms. Etymology of Budget A…
Boko Haram Terrorists Fact-checkers at HumAngle online newspaper have described a news report published on Opera News that Abubakar Shekau’s faction of Boko Haram was in disarray after it received a donation of five mIllion euros from an “unidentified” international non-governmental organisation as false. The publication claimed that senior members of the group have also…
As the Nigerian Government intensifies efforts in its battle towards Coronavirus, monetary donations have continued to pour in from each sector to help the battle. High-profile Nigerians and politicians have additionally donated mouth-watering sums to authorities at the federal and state ranges to fight the virus. Others like ex-President Olusegun Obasanjo supplied properties to…
KUALA LUMPUR: The authorities is absolutely aware of the need to be agile and to reply swiftly to the Covid-19 menace within the nation, stated Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz (pix). “Many have asked me, does the government expect to see economic recovery this year? The answer to that is contingent…
A lot of legal issues are bound to arise as an aftermath of the outbreak of Coronavirus otherwise referred to as COVID-19. There is therefore a need to shed light on some of the issues that may arise and how to navigate them. This article will x-ray the rights of patients, the rights of health…
ATM withdrawal ATM withdrawal A joint statement by Minister of Finance, Zainab Ahmed, and Governor of Central Bank of Nigeria, Godwin Emefiele, has said e-payment and ATM platforms will remain open during the restriction on movement in Lagos, FCT and Ogun State. The monetary and fiscal policy heads said exemptions have been obtained from President…
In its annual global economic and market outlook, Vanguard outlines its expectations for growth, inflation, monetary policy, and more. Read More https://investornews.vanguard/vanguard-economic-and-market-outlook-for-2019-down-but-not-out/ Views: 0
The Nigerian Government on Wednesday proposed $30 per barrel of oil so as to work the 2020 national budget around that. The announcement was made by the Minister of Finance, Zainab Ahmed, in Abuja. Ahmed advised a review of the 2020 budget using a $30 per barrel price benchmark in favour of the previous…