Nigeria’s total public debt stock, which was N41.60 trillion ($100.07 billion) in March, increased to N42.84 trillion ($103.31 billion) by June. This information can be found in
Category: ECONOMY
FG grants N16tn waiver to Dangote, Honeywell, others
S’Africa earned $107bn tax revenue in 2021, Nigeria $15bn, behind Kenya, Angola The Federal Government has foregone N16.76tn in revenue to tax reliefs and concessions
Nigeria businesses heading for total collapse – NECA raises alarm
Says over 50 taxes weighing businesses down, warns against further borrowing lAs FIRS calls for harmonised tax system Economy facing many vulnerabilities — Muda Yusuf
Why Nigeria Should Benefit More From Its Gas Reserves – Osinbajo
The use of gas as a transition fuel will not only help in stemming deforestation but advance Nigeria’s broader development goals, the Vice President, Professor
NNPC: Nigeria’s National Oil Company, Lawmakers on Collision Course as Kyari Shuns Senate Summons
Trouble seems to be looming between the National Assembly and the Nigerian National Petroleum Company Limited (NNPC) over powers of the federal parliament to summon
2023 Budget: How borrowing has become main source of funding Buhari’s budgets
The federal government is proposing a N19.49 trillion budget for the year 2023. More than half of the money is to be borrowed. To finance the
Nigeria Government is spending N18.39bn Daily for Petrol Subsidy – Finance Minister
The Minister of Finance, Zainab Ahmed, has put the projected daily payment for fuel subsidy at N18.39 billion. She stated this during an investigative hearing
Nigeria broke, may not fund 2023 capital projects – Ngige
Minister of Labour and Productivity, Chris Ngige has confirmed that Nigeria has completely run out of funds and may be unable to finance its capital projects
Fuel price hike: Civil servants seek salary increase
Following the increase in the pump price of petrol, some federal and state civil servants have appealed to both governments to increase workers salaries to
Nigerians must avoid FX speculators to save naira, says CBN
The Central Bank of Nigeria (CBN) says Nigerians must avoid dealing with speculators in the foreign exchange (FX) market to save the naira from further
