Tinubu Proposes N15.81 Trillion for Debt Servicing in 2025 Budget
Bold spending plan targets N47.9 trillion with a N13 trillion deficit
Education, health, and security top allocations in “restoration budget”
President Bola Ahmed Tinubu...
Cash Scarcity Persists as Banks Ration Withdrawals Despite CBN Warnings
Customers Struggle with Reduced ATM Limits and Over-the-Counter Transactions Nationwide
The persistent cash shortage in Nigeria shows no signs of easing, as customers continue...
Finance Minister Links Nigerians’ Economic Pain to Delayed Reforms
Edun Defends Tinubu’s Policies Amid Rising Inflation and Fuel Prices
Finance Chief Highlights Gains From Subsidy Removal, Naira Float
Minister of Finance Wale Edun...
Senate Approves Tinubu’s $2.2 Billion Loan Request for 2024 Budget Deficit
Approval Comes After Swift Review by Debt Committee
Loan Integral to Fiscal Strategy, Says Presidency
The Senate on Thursday approved President Bola Tinubu’s request...
IMF Flags Nigeria’s Struggling Economic Reforms Amid Regional Growth Gains
The International Monetary Fund (IMF) has cast doubt on Nigeria's economic reform efforts, stating in its latest outlook report for sub-Saharan Africa that despite...
IMF Urges Nigeria to Harness Property Taxes for Sustainable Growth, Infrastructure Development
The International Monetary Fund (IMF) has identified property taxes as an essential but underutilized revenue source for Nigeria and other low-income countries seeking sustainable...
FAAC Revenue Hits N6.28 Trillion in Q2 2024 as VAT, Duties Lead Growth Amid Low Oil Contributions
The Federation Account Allocation Committee (FAAC) revenue surged to N6.28 trillion in the second quarter of 2024, primarily fueled by robust collections from Value...
Dangote Refinery to Begin Fuel Exports Across Africa Amid Local Import Controversies
The Dangote Refinery and Petrochemical plant is preparing to begin fuel exports to South Africa, Angola, and Namibia, with negotiations in advanced stages, according...
Naira Strengthens in Parallel Market, Weakens in Official Market as FX Turnover Drops
The Naira appreciated yesterday in the parallel market, climbing to N1,725 per dollar from last Friday's rate of N1,735.
However, in the Nigerian Autonomous Foreign...
Nigeria must cut govt waste, direct spending to targeted poverty programmes – World Bank
The World Bank on Thursday sais Nigeria must cut government waste and direct spending to targeted poverty programmes and stick to realistic budgets...
