Borrowing through Ways and Means Advances from the Central Bank of Nigeria (CBN) by the federal government has risen from N17.46 trillion as of December 2021...

BY EMEKA EJERE Concerns of imminent debt distress being raised by economic experts has got more credence with the International Monetary Fund (IMF) 2021 Article IV...
Zainab Ahmed, minister of finance and national planning, has suspended the accountant general of the federation (AGF) Ahmed Idris, indefinitely. This is coming two days after...

Adebayo Obajemu (with agency reports) Nigeria’s economic challenges may be getting more complex as indications have emerged that the global financial environment is taking a serious...
The Federation Account Allocation Committee (FAAC), shared the sum of N590.546bn to the three tiers of government in February, an increase of N15.8bn compared to the...

Nigeria’s debt service increased by 37% to $2.12 billion in 2021, up from $1.56 billion spent in 2020, data from the Central Bank of Nigeria (CBN)...

Nigeria’s federal government will spend N1.42 trillion on infrastructure this year, Minister for Finance, Budget and National Planning, Hajiya Zainab Ahmed has said. The minister spoke...
By Uche Chris The worsening revenue profile of government which has led to uncontrollable borrowings may be attributed to the thriving corruption in the ministries, agencies...
Adebayo Obajemu The Federal Government has said it will no longer remove payment of subsidy on Premium Motor Spirit (PMS), also known as petrol after June...