The Federal Government has disagreed with the World Bank on the latter’s concerns that interest payments…
Category: FINANCE/ECONOMY
US Budget Deficit Nears $2trn, Highest Since 2021
The United States budget deficit grew to almost $2 trillion over the past year, government data…
IMF Urges Targeted Cash Transfers For Nigeria’s Poor
The International Monetary Fund (IMF) has called for cash transfers and targeted, temporary income support for…
Nigeria’s debt interest soars 124% above revenue
The Federal Government spent N7.7tn on interest payments in the first half of 2026, representing 124.2…
CGC Adeniyi Pledges Customs’ Support For Nigeria’s $1trn Economy Target
The Comptroller-General of Customs (CGC), Adewale Adeniyi, has pledged the full support of the Nigeria Customs…
President Tinubu Welcomes World Bank Report, Says Economic Reforms Are Delivering Results
President Bola Tinubu has welcomed the World Bank’s October 2026 Nigeria Development Update, titled ‘Beyond the…
WoPU Hails Tinubu’s Fuel Price Intervention, Demands Immediate Cut in Food Distribution and Commuting Costs
The Working People United (WoPU) has applauded the Federal Government’s intervention in the petroleum sector aimed…
FG Warns: Subsidy’s Return Could Push Petrol to ₦2,000/Litre, Dollar to ₦3,000
The Federal Government has again defended removing the fuel subsidy, saying the essential commodity would have…
EFCC Urges Court to Disregard Diezani’s UK Acquittal in Asset Forfeiture Suit
The Economic and Financial Crimes Commission (EFCC) has requested the Federal High Court in Abuja to…
‘This Is Unprecedented’ — Ex-LG Office Holders Hail Ogun as State Clears ₦3.5bn Severance
Former political office-holders in Ogun State’s 20 local government councils and Local Council Development Areas (LCDAs)…