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Senate Approves Tinubu’s $6bn Loan Request

The Senate has approved President Bola Tinubu’s request for $6bn in external loans, just hours after receiving his letter. 

Hardship is Cost of Reform, Finance Minister Says

Finance Minister Wale Edun says Nigeria is now on a path of stabilisation and recovery, despite current economic hardship.

Tinubu Seeks N9trn Budget Increase, Total Now N67.4trn

President Bola Tinubu has asked the National Assembly to approve an adjustment to the 2026 Appropriation Bill, proposing a ₦9 trillion increase to raise the total budget from ₦58.4 trillion to ₦67.4 trillion.

Nigeria Seeks $14bn Annually to Bridge Infrastructure Gap

Nigeria has a $14bn annual infrastructure investment gap, according to Finance Minister Wale Edun, who said the government is seeking both domestic and foreign capital to bridge the shortfall.

China Grants Nigeria Zero-Tariff Export Access from May 1

Nigeria’s exports to China will enjoy zero-tariff access from May 1, 2026, following a new trade agreement between both countries.

Nigeria Imports N435bn Solar Panels – NBS

Data from the National Bureau of Statistics (NBS) showed imports remained significant across all quarters, with values of ₦125bn in Q1, ₦117bn in Q2, ₦92bn in Q3, and ₦101bn in Q4.