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Capital Spending on MDAs Constrained by Over 15trn Gap

The Federal Government's capital spending on ministries, departments, and agencies (MDAs) has been severely constrained over the last three fiscal years, with a cumulative gap of N15.21tn.

Nigeria’s Budget Deficit Funded by N6tn Domestic Borrowing

The Federal Government relied overwhelmingly on domestic borrowing through Federal Government bonds to finance its fiscal deficit in the first half of 2025,

Asset Managers Project $18.3bn Digital Economy for Nigeria

Nigeria’s digital economy revenue is projected to reach $18.30bn by 2026, asset managers said, underscoring the growing role of technology, fintech, and artificial intelligence in driving economic growth.

New NUPRC Boss Pledges to Reposition Upstream Sector

The newly appointed Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has assumed office.

FG Spends N929bn on Road Contract Revisions

The Federal Government has approved a staggering N929.06bn on contract variations and additions to inherited road and bridge projects since President Bola Tinubu assumed office in May 2023.

Oil Revenue Falls N16.2tn Short of 2025 Target

Nigeria's oil revenue fell short by N16.2 trillion in the first half of 2025, accounting for only 36.51% of the projected N25.52 trillion.