Nigeria’s Economy Gains Credibility as S&P Upgrades Its Rating
The recent sovereign credit rating upgrade by S&P Global underscores growing international confidence in Nigeria’s economic reform trajectory, according to ...
Tag: Fiscal Policy
Nigeria Must Stop Debt Dependence, Build Strong Domestic Revenue System — Finance Minister Oyedele
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has warned that the country cannot continue to ...
Nigeria’s Debt Pressure Still High Despite Slight Improvement – NESG
Nigeria’s rising debt profile has continued to raise concerns as the Nigerian Economic Summit Group (NESG) warned that the country ...
CBN Warns Nigerian States Against Rising Short-Term Borrowing Risks
The Central Bank of Nigeria has cautioned state governments against an increasing dependence on short-term borrowing, warning that the trend ...
FG Rules Out Fuel Subsidy Return, Doubles Down on Market Reforms
The Federal Government has made it clear that it will not reintroduce fuel subsidies or enforce price controls, reaffirming its ...
FG Moves to Clear Debts Owed to Local Contractors, Promises Transparent Process
The Federal Government has begun steps to settle long-standing debts owed to local contractors, in a move aimed at restoring ...
NNPC Posts N276 Billion Profit in March
The Nigerian National Petroleum Company Limited has reported a profit after tax of N276 billion for March 2026, a significant ...
Executive Order Boosts NNPC Remittances to FAAC by 60 Percent
The Nigerian National Petroleum Company has reported a significant 60 percent increase in remittances to the Federation Account, reaching N2.88 ...
Nigeria Set to Gain N6.8 Trillion from Rising Oil Prices in 2026
Nigeria is expected to earn an additional N6.8 trillion in oil revenue in 2026, driven by rising global crude oil ...
Nigeria’s World Bank Debt Surges $2.08bn in 2025
Nigeria’s outstanding debt to the World Bank surged by $2.08 billion over the course of 2025, reaching a new high, ...
