FG Rejects Claims of N80tn Fresh Borrowing, Says Debt Figures Reflect Revaluation
The Federal Government has rejected reports that the administration of President Bola Tinubu has incurred about N80tn in fresh public...
Tag Archives: #NigeriaEconomy
Beyond Stabilisation: Oyedele Says Nigeria’s Next Challenge Is Inclusive Economic Growth
Nigeria has successfully emerged from a period of economic decline and entered a phase of increasing stability, according to the...
Shettima Urges States to Turn Economic Data into Jobs and Investments as FG Launches National Compendium
Vice President Kashim Shettima has called on state governments across Nigeria to move beyond documenting economic and tourism assets to...
FAAC Shares N2.3tn May Revenue as Federation Allocation Continues Upward Trend
The Federation Account Allocation Committee (FAAC) has shared a total of N2.3tn among the Federal Government, states and local government...
Oil Prices Fall to $83 as US-Iran Peace Deal Sparks Hope for Cheaper Petrol in Nigeria
Oil prices continued their downward trend on Monday following the signing of a ceasefire agreement between the United States and...
Shettima Says One-Trillion-Dollar Economy Target Driven by Enterprise and Reform, Praises Lagos as Growth Model
Vice President Kashim Shettima has said Nigeria’s ambition of building a one-trillion-dollar economy is anchored on enterprise, investment, and coordinated...
IMF Warns Nigeria Over $5bn Abu Dhabi Swap Deal, Flags Transparency and Financial Risks
The International Monetary Fund (IMF) has cautioned Nigeria against proceeding hastily with a proposed $5 billion Total Return Swap (TRS)...
FG Approves Payments To 1,240 Local Contractors, Clears Over ₦700bn Debt
The Federal Government has processed payments exceeding N700 billion in verified obligations owed to local contractors over the past few...
Shettima Urges States to Fast-Track Reforms for $750m SABER Economic Programme
The Vice President, Kashim Shettima, has called on state governments to accelerate business-enabling reforms to unlock the full potential of...
Tinubu: Fuel Subsidy Removal Saved Nigeria from Bankruptcy, Restored Economic Stability
President Bola Ahmed Tinubu has said the removal of fuel subsidy by his administration prevented Nigeria from sliding into bankruptcy...