MASSIVE DROP: Nigeria’s Net Foreign Assets plunges by 91% in September, according to latest CBN data
Nigeria's Net Foreign Assets (NFA) declined by 91.7% to N591 billion according to the information contained in the apex bank's...
Money supply in Nigeria rises to N66.4 trillion in September
Data from the Central Bank of Nigeria reveals Nigeria's total money supply (M2) rose to N66.4 trillion in September 2023.
Tinubu administration targets N30.6 trillion fiscal deficit in three years
The Tinubu administration is targeting a combined fiscal deficit of N30.6 trillion between 2024, 2025, and 2026, according to the...
Nigerians groan as price of cooking gas, rice, other staple foods surge in October
The price of major food items has significantly increased across several markets in Lagos State, as Nigeria grapples with the...
FG to introduce “green surcharge” on imported vehicles
The Nigerian federal government is set to introduce a "green surcharge on imported vehicles" as part of its ambitious plan...
FG projects Nigerian companies will make N9.3 trillion in gross operating profits for 2024
The federal government is targeting that corporate Nigeria will earn a combined gross operating profit of N9.3 trillion in 2024...
Exchange rate ends disastrous week with no end in sight for when it will bottom
The exchange rate between the naira and dollar ended one of its worst-ever weeks in recent history for the official ...
2023 Budget: FG misses budget targets as fiscal crisis deepens
The Federal Government failed to meet its 2023 fiscal budget targets for the first 7 months of 2023.
FG’s debt service to revenue tops 183% in 2023 Q1
The federal government’s debt service to revenue ratio rose to 183% in the first quarter 2023according to data from the...
FISCAL CRISIS: Nigeria records debt service to revenue ratio of 97% in 2022, fiscal deficits balloon to N7.5 trillion
The Federal Government ended 2022 with a fiscal deficit of N7.5 trillion or 129% of actual revenue collected.
