Economy
Nigeria Spent N11.1tn on Capital Projects in 2024 — Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has disclosed that Nigeria spent N11.1tn on...
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FG Welcomes EU’s Removal of Nigeria from High-Risk AML/CFT List
The Federal Government has welcomed the decision of the European Commission to remove Nigeria from the European Union’s list of...
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EU Removes Nigeria from High-Risk Money Laundering List
The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a...
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7.5% VAT on Bank Transfers, USSD Services Takes Effect January 19, 2026
Nigerians have been urged to brace for tougher economic conditions as a new 7.5 per cent Value Added Tax (VAT)...
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Budget Office Debunks Claims NEDC’s ₦246bn Budget Is for Salaries Alone
The Budget Office of the Federation (BoG) has dismissed claims circulating in the public space that the North East Development...
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Nigeria’s Economy Projected to Grow 4.68% in 2026 – Wale Edun
The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has projected that Nigeria’s economy will grow...
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OPEC Hails Nigeria’s Non-Oil Sector for Boosting Economic Growth in H2 2025
The Organisation of Petroleum Exporting Countries (OPEC) has acknowledged the positive contribution of Nigeria’s non-oil sector to the country’s economic...
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FG Approves Over ₦6bn TETFund Intervention for 271 Tertiary Institutions in 2026
The Federal Government has approved the disbursement of more than ₦6 billion in intervention funds to 271 tertiary institutions across...
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Oyedele Says He Faces Death Threats Over Nigeria’s Tax Reforms
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that he has received...
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World Bank Projects Nigeria’s Economy to Grow 4.4% in 2026, 2027
The World Bank has projected that Nigeria’s economy will grow by 4.4 per cent in both 2026 and 2027, describing...
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