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Economy
FG, States, LGs Share N700bn In September
The Federation Account Allocation Committee at its meeting shared N700.235bn to the three tiers of government, as federation allocation for the month of...
FG Earmarks $7bn For Poverty Reduction
The Federal Government says it has earmarked about $7 billion within the last seven years in its efforts to pull 100 million Nigerians...
FG Records N5.33tn Deficit In Eight Months
Minister of Finance, Budget and National Planning, Zainab Ahmed …meets 64% revenue target of N6.65tn Amid Nigeria’s tight fiscal space, the Federal Government...
Inflation Hits 20.77%, Food Supply, FX Crises Worsen
…NACCIMA, NECA fume, economists forecast worse days Nigeria’s Inflation hit a new high of 20.77 per cent in September as food supply, foreign...
Domestic Debt Charges Rise by 244%
President Muhammadu Buhari and Minister of Finance, Budget and National Planning, Zainab Ahmed The Federal Government has proposed to spend N4.5tn on interest charges...
Buhari’s Regime Borrows N31tn, To Leave N39.12tn Debt For Successor
President Buhari at the National Assembly. File The National Assembly has approved or at least received budget estimates worth N93.453tn from the President, Major...
UNGA77: Buhari Woos Investors, Says Nigeria Requires N348tn
The President, Major General Muhammadu Buhari (retd.), on Thursday in New York, told foreign investors that Nigeria’s economy was ripe for increased investment....
Nigeria’s Debt To World Bank Rises by $660m
The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022, the Punch...
