Rising Governance Cost, Recessions, Others Raise FG Spending By 183%   Rising governance cost, economic recessions necessitating higher government spending may have combined with other factors to raise Federal Government spending by 183 per cent in seven years. The Federal Government increased projected expenditure in its annual...

Fed Govt Revenue Drops By 52% Amid Rising Spending   The Federal Government recorded a fiscal deficit of N405.28bn in August, the Central Bank of Nigeria said in its economic report. It said the government’s aggregate expenditure was N781.61bn while retained revenue stood at N376.33bn. The report said...

CPC: Consumer Spending To Rise To $2.1tn By 2025   The Director-General, Consumer Protection Council, Mr Babatunde Irukera,says the increase in the rate of population on the African continent will boost consumer spending from about $1.5tn in 2015 to about $2.1tn by 2025. He said this while...