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Senate To Reduce 6trn Proposed Import Waiver By 50%

The Senate will reduce the import duties waivers proposed for the N19.76trillion 2023 budget with attendant deficit of N12.4 trillion. The Chairman, Senate Committee on...

Headline

Danger Signals As Debt Servicing Surpasses FG’s Revenue By N310bn In 4 Months

Nigeria’s rising debt profile emerged as a cause for concern again following recent worrying figures released by the Federal Government. According to FG, the cost...

Business

Nigeria Should End Fuel Subsidy In Six Months – World Bank

Nigeria should end its expensive fuel subsidy regime within three to six months, the World Bank said on Tuesday. Reuters reported that the bank advised that...

News

Why We’re Borrowing More Despite Nigeria’s Piling Debts — FG

The Minister of Finance, Budget and National Planning, Zainab Ahmed has said that the recent borrowings of the President Muhammadu Buhari-led Federal Government were...

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