IMF Highlights Fiscal Gap in Nigeria’s Budgets   The International Monetary Fund (IMF) has revealed that Nigeria left approximately two per cent of its Gross Domestic Product in public spending unrecorded within recent official budgets, obscuring the true extent of the nation’s actual financing needs. Speaking to...

Tinubu Okays N111bn for 700km Northern Superhighway Project   President Bola Tinubu on Wednesday flagged off the construction of the fourth Legacy Project under his administration’s Renewed Hope Agenda and approved the immediate release of N111bn for the commencement of the 700-kilometre Akwanga-Jos-Bauchi-Gombe-Biu-Maiduguri Superhighway. The approval was...

World Bank Approves $1.25bn Loan for Nigeria Despite Debt Worries The World Bank has approved a $1.25bn loan for Nigeria under its Nigeria Actions for Investment and Jobs Acceleration programme, despite recent public backlash over the country’s rising debt burden and calls by many Nigerians...

Recent comments by the First Lady, Senator Oluremi Tinubu, highlighting businesses such as akara, roasted corn and kulikuli have generated considerable public discussion.

Renewable Energy Adoption to Save Nigeria $121bn - Tegbe   The Federal Government has said Nigeria stands to save $121bn in fuel costs by transitioning to a power generation mix comprising 90 per cent renewable energy, describing the projected savings as a major economic benefit for...

'Nigeria Needs More Taxpayers, Not Higher Taxes'   The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Thursday said Nigeria’s revenue challenge lies in expanding the tax net rather than increasing tax rates, stressing that the country needs more taxpayers, not higher...