Economy

She advised the state governors to be mindful of the debt profile of their states, control expenditures as well as...

Nigeria’s galloping inflation is largely driven by a trio of rising energy prices, exchange rate depreciations and increase in food...

Nigeria’s headline inflation rate rose to 22.22% in April 2023, a 0.18% point higher than the 22.04% recorded in the...

NECA says the new FPM will largely affect manufacturers, it also has the potential to disrupt the organised private sector’s...

The debt service to revenue ratio is a measure of how much of a country's revenue is used to pay...

The fund was introduced to upgrade healthcare facilities and administration in the country.

Union warns that debt service costs are quite alarming, mostly when compared with the cost of servicing this debt to...

Aliko Dangote, has revealed that a lot of government agencies, especially at the country’s ports are set up for money-making...

He noted that Nigeria’s expenditure-GDP ratio is too low at 15% when compared to some major African countries.

Nigeria must be spending over 20% of its GDP on infrastructure over the next decade to become a top 20...