Wednesday, February 11, 2026
N4.563trn budget deficit pushes Nigeria closer to recession
By Omobayo Azeez The Nigerian economy is fast showing signs of shrinking and plunging into recession as deficit for financing...
Read moreDetailsFG slashes 2020 budget
The federal government has sent a revised budget to the National Assembly, cutting down some costs in view of the...
Read moreDetailsFG slashes budget by N1.5tn, reduces benchmark to $30
The federal government on Wednesday announced a slash in the 2020 budget by N1.5tn as part of measures to respond...
Read moreDetailsCovenant University’s CEPDeR pulls in Akabueze for roundtable on budget
Adesola Afolabi As economic experts argue on the importance of Nigeria’s growing debt profile, Covenant University’s Centre for Economic...
Read moreDetailsTaxation of informal sector will address budget deficit, says FIRS
Mohammed Nami, the executive chairman of the Federal Inland Revenue Service (FIRS), yesterday said Nigeria and the rest of Africa...
Read moreDetailsNational Assembly raises own 2020 budget by N3bn
The National Assembly has raised its budget for 2020 from the N125bn to N128bn. The House of Representatives Committee on...
Read moreDetailsGovernors meet over N614bn bailout deductions, seek extended time frame
Governors of the 36 states of the federation are now meeting in Abuja to review deductions over N614 billion being...
Read moreDetails2020 Budget: CSOs raise concerns over VAT increase, frivolous items, others
Less than 24 hours after president Muhammadu Buhari presented the 2020 budget proposal of N10. 33 trillion to the National...
Read moreDetailsFG identifies competitive OPS as key to nation’s economic growth
By Tola Akinmutimi The federal government on Wednesday said that only a competitive private sector can drive the...
Read moreDetailsPresidential order to raise GPD, boost SMES in information technology sector
By Samson Echenim A new policy of the federal government targeted at diversifying the economy by creating local demand...
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