Tinubu's Budget Expansion Proposal Sparks Debate Among Experts   President Bola Tinubu has raised the proposed 2025 budget from N49.7 trillion to N54.2 trillion, citing additional revenues generated by key government agencies. The president conveyed the budget adjustment in separate letters sent to both the Senate and...

FG Predicts Economic Uplift as Tax Bills Take Effect   Experts in law and finance, including high-ranking government officials, emphasize the crucial role that law plays in driving economic growth and prosperity in Nigeria. This is just as the federal government reiterated that the tax reform bills...

World Bank Urges FG to Ease Private Sector Constraints   The World Bank has called on the Federal Government to tackle major obstacles stifling private sector growth in Nigeria. By implementing reforms in crucial sectors, the country could unlock billions of dollars in investments and create...

NEITI Reveals Oil and Gas Industry's $6.1bn Debt to FG   The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the oil and gas industry owes the federal government a whopping $6.1 billion in outstanding liabilities as of August 2024. These are made up of outstanding...

Nigeria's GDP Per Capita Drops to $835, Says IMF   According to the International Monetary Fund (IMF), Nigeria's economic performance has taken a hit, with the country's Gross Domestic Product (GDP) per capita decreasing by 4.74% to $835.49 in 2025, compared to $877.07 in 2024. According to data from...

Nigeria Aims $100bn Revenue with New Tourism Corporation The Minister of Art, Culture and Creative Economy Hannatu Musawa, the minister of art, culture, tourism, and the creative economy, on Monday, said the Ministry is targeting $100 billion, on the backdrop of Federal Executive Council approval...