Tag: Nigeria Economy
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Osun Debt Drops 46.6% Under Adeleke as State Exits Top 10 Debtors
The administration of Osun State Governor Ademola Adeleke has reduced the state’s domestic debt by N69.18 billionsince assuming office in November 2022, according to data...
‘Numbers Don’t Feed People’ — Sowore Slams FG Over Economic Reforms, Subsidy Removal
Presidential candidate of the African Action Congress (AAC), Omoyele Sowore, has criticised the Federal Government’s economic reforms, saying increased revenue and improved macroeconomic indicators...
Nigeria’s Debt Burden Falls Despite N159trn Debt Stock, Revenue Service Says
Nigeria’s debt-to-GDP ratio has declined to 32.3 per cent in 2026 from 38 per cent in 2023, marking the first sustained fall in the...
Tinubu Government Tightens Fiscal Rules, Restricts Contract Awards by MDAs
The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to stop awarding contracts or entering into financial commitments without first obtaining the...
FAAC Disburses N12.59tn in Six Months, Lagos Leads, Nasarawa Receives Least
Nigeria's gross Federation Account Allocation Committee (FAAC) revenue rose to N18.72 trillion in the first half of 2026, while N12.59 trillion was shared among the federal, state and...
