APC Chieftain Questions Abia's N49bn Monthly Revenue
APC chieftain Obinna Oriaku challenges Governor Alex Otti to provide transparency on Abia's N49bn monthly revenue and questionable expenditures. Read full details.
Category : Search result: fiscal deficit
EU spares Germany from budget rules over defence spending
European Union exempts Germany from budget deficit punishment due to increased defence spending. Learn how EU rules adapt to security threats.
CBN: Economy Improving But More Work Needed
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
Kalu: Nigerians Yearn for State Police, Federalism
Deputy Speaker Benjamin Kalu reveals Nigerians strongly demand constitutional reforms including state police and fiscal federalism. Lawmakers are finalizing amendments to address governance and security challenges.
N60 Trillion Needed for Mass Housing in Nigeria
Nigeria requires N60 trillion to build mass houses and address its 20 million home deficit. Experts urge investment in local materials to cut costs by 50%. Read more.
CBN Seeks Better Fiscal-Monetary Policy Alignment
CBN executives and economic experts emphasize urgent need for coordinated monetary and fiscal policies to achieve Nigeria's economic stability. Learn about the new framework.
Nigeria to Tax Cryptocurrency Under New Law
Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.
Niger Delta Demands Urgent Oil Spill Remediation
Stakeholders urge the Federal Government to immediately remediate Niger Delta oil spills, enabling a return to agriculture and economic diversification ahead of the global energy transition.
Nigeria at Risk of Debt Crisis, Experts Warn
Financial experts warn Nigeria risks another debt crisis without urgent reforms. Learn about the critical measures needed to stabilize the economy and prevent financial distress.
FUTA VC: Skills Deficit Causes Graduate Unemployment
FUTA's Vice-Chancellor reveals why graduates remain unemployed despite available jobs. Discover how skills development can solve Nigeria's unemployment crisis.
Trump Tariffs Cause 5.1% Drop in US August Imports
Delayed data reveals US imports fell 5.1% to $340.4 billion in August as Trump's new tariffs hit trading partners. Trade deficit narrowed to $59.6 billion. Read the full analysis.
China Overtakes US as Germany's Top Trade Partner
China has reclaimed its position as Germany's number one trading partner, dethroning the US amid new tariffs. Discover the economic implications for global trade.
NIQS: Zero Tolerance for Professional Misconduct
The Nigerian Institute of Quantity Surveyors (NIQS) has reaffirmed its zero-tolerance stance on professional misconduct. Read more about the sanctions and the upcoming conference.
REDAN's Plan to Combat Fraudulent Real Estate Developers
REDAN President Akintoye Adeoye outlines strategies to tackle fraudulent developers, address housing challenges, and promote affordable homes in Nigeria. Learn about regulatory reforms.
Senate okays N1.15trn loan for 2025 budget deficit
The Nigerian Senate has approved President Tinubu's request to borrow N1.15 trillion from the domestic debt market to fund the increased 2025 budget deficit. Read the full details and implications.
House Scrutinizes Tinubu's N1.15T Loan Request
Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.
Tinubu Seeks Senate Approval for ₦1.15tr Borrowing
President Bola Tinubu requests Senate approval for ₦1.15 trillion domestic borrowing to fund infrastructure projects and economic development initiatives across Nigeria.
FG Unveils 50 Tax Reliefs for New Fiscal Reforms
The Nigerian government has introduced 50 major tax exemptions and relief measures to protect citizens and businesses from the immediate effects of new fiscal reforms. Discover how these changes will affect you.
Nigerians Demand Loan Accountability in 2025 Budget
As Nigeria prepares for its ₦41 trillion 2025 budget, citizens are calling on National Assembly members to ensure proper oversight of executive borrowing and prevent unsustainable debt accumulation.
Nigeria's Finance Minister Vows Bold Budget Amid Economic Pressures
Wale Edun promises transformative economic measures as Nigeria faces currency volatility and fiscal challenges ahead of 2025 budget presentation.
Nigerians Demand Scrutiny of Tinubu's Loan-Heavy Budget
Growing public pressure mounts on National Assembly to reject rubber-stamp approval of Tinubu administration's borrowing plans and ensure fiscal responsibility in 2025 budget.
Anambra Tops Nigeria's Fiscal Performance Ranking
Anambra State has emerged as Nigeria's top-performing state in fiscal management, according to the latest state performance ranking report. Discover which states made the top five and how your state performed.
Anambra Tops Nigeria's Fiscal Performance Ranking 2025
Anambra State emerges as Nigeria's top performer in fiscal transparency and efficiency according to BudgIT's 2025 State of States report, outperforming all 35 other states in financial management.
Nigeria needs $1bn, 360,000 doctors - Ex-LUTH CMD
Former LUTH Chief reveals Nigeria requires massive investment and hundreds of thousands of medical professionals to rescue collapsing healthcare infrastructure.
21 Nigerian States Rely on FAAC for 70%+ Revenue
New fiscal data reveals alarming dependency on FAAC allocations across 21 Nigerian states, raising concerns about economic sustainability and governance.
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